How much will you save with a novated car lease?

Five minutes of your time could save you thousands of dollars.

If you have a car loan, changing to a novated lease from Fleet Network could save you a bundle. How much exactly? To find out, take out savings calculator for a spin. You can compare your current arrangement with a novated lease to see your savings. It only takes a few minutes and could save you thousands.

*Figures quoted include all running cost budgets i.e. finance, fuel, servicing, tyres, maintenance, insurance and registration. The novated lease figures include the GST inclusive residual figure. Figures are based on a 60 month term, gross salary $80,000pa. Vehicle pricing and finance rates are current as of August 2023 and may be subject to change. Novated lease calculations use the Employee Contribution Method for FBT purposes; the total cost over life reflects the net effect after tax and includes a Fleet Network admin fee.

Frequently Asked Questions

With a novated lease your lease repayments include fuel, insurance, registration, servicing, and tyres

Anyone can package a vehicle if their employer offers this benefit to their staff. All you need to do is ask your payroll department if you are allowed to salary package and we will liaise with your employer to set it up for you.

If you have any other questions about salary packaging, please call Fleet Network on 1300 738 601 of via our Quote Form. We would be happy to arrange an obligation-free quote or a workplace visit at your convenience.

No, but it has to be less than 12 years old at the end of the lease. For example, if you want to lease a car that is 8 years old at the time of leasing, the maximum lease term would then be 4 years.

Leasing new cars is the safest and preferrable option. As a major part of the cost of the lease is the running costs (such as maintenance and fuel), there is often very little difference in the reduction of your take home salary between new and second-hand vehicles.

Purchasing a second-hand vehicle may become purchasing someone else’s problems with the vehicle. Important parts, like tyres, may not be in premium condition when you purchase second-hand when they would be purchasing new, and will almost certainly need replacing for more than the lease budget would allow.