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Novated Leasing
The cheapest way to get in to a new vehicle today. Talk to us today, and get into your dream vehicle sooner than you expected.
Significant reductions on vehicle costs
Often the cheapest way to buy a new or used car is to salary package the vehicle with a novated lease. Use your pre-tax salary to pay a large portion of the vehicle and operating costs – including fuel, registration and insurance – delivers outstanding savings. Plus, you’ll save an extra 10%, as GST is excluded.
Significant reductions on vehicle costs
By far the cheapest way to buy a new or used car is to salary package a vehicle for your use. With a novated lease, you can potentially save thousands of dollars in tax and operating costs. Novated lease arrangements allow you to pay a significant portion of your vehicle finance and operating costs using pre-tax dollars. You’ll also save an additional 10% on most items as the GST is paid for you. Your vehicle does not have to be used for business use, it can be used entirely for private use if you wish. And, unlike in years gone by, there is no limitation on the number of kilometres you need to travel each year.
You can choose a new or used car, but it needs to have a maximum of eight seats and a carrying capacity of less than one tonne. Operating costs which can be included in your package include fuel, registration, roadside assistance as well as insurance costs. We can even include a fuel card of your choice from BP, Shell or Caltex to make filling up easier and quicker.
As long as your account remains in the positive, we can pay your service and maintenance costs directly to the service centre instead of out of your pocket – all tax and GST free.
What you need to do, and what you should know:
For more information, including calculators, indications of how much you will save, and even current vehicle special deals, please visit our novated leasing page.*
How Much Could I Save With Salary Packaging?
Using your pre-tax salary to pay for things allows you to increase your disposable income and pay less tax – often thousands of dollars less each year. There are dozens of items you can potentially salary package, but some depend on your employer and the industry they work in.
It’s all fully approved by the Australian Taxation Office, however it pays to seek specialist clarification from us to ensure you gain everything you’re entitled to, and make the process of setting up your package easy. You can use our calculators for indicative savings, or talk to us today to find out more and the next steps to take towards saving!
Calculate Your Savings
Your New Car
Salary packaging your next car is a good decision; see how it can work for you. Call 1300 303 357 and speak to one of our friendly specialists.
Get In Touch!
Find out how much you can save on a new or used vehicle with a novated lease through SalaryMasters. Enter your details and we will get in touch with you shortly.
