Novated Leasing
Get your new car and unlock significant tax benefits effortlessly with Auto Deduct.
What Is Novated Leasing?
A Novated leasing is the cheapest and most tax effective way to run a motor vehicle, redirecting all your motoring expenses through your salary to reduce your taxable income.
Available exclusively to salaried employees, a novated lease not only offers unbeatable tax and GST savings but also offers a streamlined way to manage car ownership expenses, combining lease payments, insurance, registration, maintenance, and fuel into a salary deduction.
A novated lease can help you get into your dream car whilst maximising your salary at the same time.
Why A Novated Lease?
Easy Budgeting
Lease payments and running costs bundled through your salary, one inclusive payment.
Pay Less Tax
Reduce the amount of income tax you pay by using your pre-tax salary.
Fleet Discounts
Novated leases attract fleet discounts that are not usually available to the public, notably on vehicles and fuel.
Save GST
Save GST on the purchase price and the running costs with a novated lease.
Income
Have more disposable income to spend on the things you want.
How Are Novated Leases Calculated?
Novated leases are built around you, the driver. It's your dream car, with a package customized to fit your unique driving needs.
Our consultants will take the time to understand your vehicle buying habits to ensure the lease is suitable and is going to work for you.
Budgets for running costs are based off your vehicle (every vehicle is different) and the km’s you usually drive, leases are also adaptable if things change.
Finance
Finance payments based off the ex GST purchase price (where applicable). Its your purchase price and term you choose.
Fuel or Charging
Discounted fuel cards or even access to a national charging network, we’ve got you covered to keep you on the move.
Servicing & Tyres
Scheduled servicing, repairs and tyres can all be budgeted for and paid using your pre-tax salary
Rego & CTP
Registration and CTP can be included in your package, simply renew the policies and we will reimburse you through your pre-tax salary.
Motor Insurance
Use our policy or use your own we can incorporate the cost through your novated lease.
How Does A Novated Lease Work?
All of our leases are tailored around you, the driver. Choose your vehicle, whether it’s new or used, and we will create a package based on your driving habits. We bundle in all the running costs to ensure you get the maximum tax savings possible.
With a novated lease, you also do not have to pay the GST on the purchase price of the vehicle, instantly saving you thousands (up to the ATO limit). The GST savings extend to the running costs as well.
The Auto Deduct Difference
Our state-of-the-art software guarantees precision in every quote and provides a holistic evaluation of your lease. By integrating the latest automotive data, we ensure your lease process is smooth and efficient from start to finish.
Our mission is to empower you to make smart decisions about car ownership, leading to improved financial outcomes. We take a comprehensive, data-backed approach to guide you through the entire leasing process.
Not only do we ensure your lease is set up correctly, but we also focus on optimizing the end of your lease. By leveraging data to forecast your vehicle’s value, we keep you informed about your options, helping you conclude your lease with potential financial gains above the residual value.
Get In Touch
Get in touch today to begin your journey and unlock the savings of a novated lease
Whether its just to ask a couple of questions or to begin a novated lease, reach out for a consultant to assist