Show me

Novated Sale and Leaseback

Enquire online

Free up cash with a sale and leaseback

If you own your car but need to free up cash, you can sell it to Fleetcare and then lease it back under a novated lease agreement. You get to keep your existing car and still receive all the great benefits and savings of a novated lease!

Why Sale and Leaseback?

Free up cash
By selling your car to Fleetcare and leasing it back, you can free up cash to spend on non-depreciating assets or other expenses such as paying down credit cards or saving for a holiday!  
 
Access concessional tax rates
With a novated lease agreement, you’ll pay less tax by paying for your lease and running costs from your pre-tax salary. You’ll also save on GST on all running costs for the life of your lease!
 
Smooth your budget
By bundling all of your expenses into a single payment from your pre-tax salary, you’ll smooth your budget and never have to worry about finding money for tyres and servicing again.
 
Save on fuel and running costs
Pay no GST on fuel and running costs - that's a 10% saving right there! Plus, access half price car washes at BP service stations for the life of your lease.
 

How does Novated Sale & Leaseback work?

Employer Eligibility
To be eligible, your employer must agree to allow you to enter into a novated lease arrangement with Fleetcare.
Vehicle Details
Let us know what your current vehicle is including make, model and any existing damage.
Valuation Offer
We provide you with a valuation offer (an inspection may be required) at market value for your vehicle as well as a quote for the ongoing novated lease, with finance and all running costs included.
Cash back to you
If you accept the valuation, we arrange the payment to be made to you.
Finalise the lease
We finalise the novated lease agreement with your employer.
You keep your car
You keep your car throughout the whole process!

How much can I save?

Want to know more about Sale & Leaseback?

Disclaimer: Income Tax savings are dependent on your taxable income and individual tax status. GST savings take into consideration your employers accounting methods and internal policies around GST, and passing on input tax credits.