Save up to 42% off the running costs of an Electric Vehicle with the Electric Car Discount amendment bill

Why a Novated Lease?

  • Reduce taxable income

    Make repayments, maintenance, fuel, insurance and even registration from your pre-tax income, and reduce the amount of tax you pay upfront.

  • Employer options

    You can choose the car you want and take it with you to your next job if you change employers.

  • Leasing options

    A range of novated car lease options allows you to choose those with flexible terms, fixed interest rates, and no deposit requirement.

  • Salary packaging

    Talk to us about salary packaging benefits and understand how salary packaging works and where the savings come from. We’re here to answer any questions you have about salary packaging.

Novated Lease vehicle deals

Our Novated Lease Packages include the following;

  • Repayments
  • Registration
  • Fuel or charging
  • Servicing
  • Tyres
  • Insurance

$260 p/w

Tesla Model Y Long Range

Includes $74 p/w in running costs

Tax savings: 48370
$230 p/w

Jeep Compass Night Eagle Wagon

Includes $111 p/w in running costs

Tax savings: 14480
$303 p/w

Tesla Model 3 Performance

Includes $104 p/w in running costs

Tax savings: 48915
$258 p/w

LDV T60 Max Luxe 4×4 Manual

Includes $118 p/w in running costs

Tax savings: 15485
$206 p/w

Mitsubishi Outlander PHEV ES AWD

Includes $81 p/w in running costs

Tax savings: 36235
$233 p/w

Tesla Model 3 Long Range

Includes $67 p/w in running costs

Tax savings: 43215
$221 p/w

GWM Haval H6 Lux Auto

Includes $95 p/w in running costs

Tax savings: 12795
$303 p/w

Mitsubishi Pajero Sport GLS 4WD

Includes $113 p/w in running costs

Tax savings: 15440
$224 p/w

Tesla Model Y RWD

Includes $66 p/w in running costs

Tax savings: 39880

Can’t see your vehicle? Already know what car you want to buy?

Use our Novated Lease Calculator for an instant quote

Novated lease Calculator

Common questions

It is possible to switch from a car loan to a Novated Lease. The specifics will depend on the terms of your current loan, any early repayment fees, and the agreement with your leasing provider. Consulting with Positive Salary Packaging will give you a clear picture of the steps involved and any associated costs.

Yes, you can lease a used car using this method. However, the specific terms and conditions might vary based the age or condition of the used vehicle. It’s essential to check with your us for the exact requirements and potential limitations.

No, the Novated Lease Operating Cost Method is different from a Business Operating Lease. A Business Operating Lease is an agreement where a business leases a vehicle for a set period, after which the vehicle is returned to the lessor. In contrast, the Novated Lease Operating Cost Method is an arrangement between an employee, employer, and a leasing company, where the employee can lease their personal vehicle through salary packaging, factoring in a business use percentage for potential tax savings.

Employers can benefit in several ways, including reduced fleet management responsibilities, potential GST credits on operating costs, and the ability to offer an attractive incentive for employee attraction and retention.

Novated Leases for car brands

We provide Novated Leases for all car brands, including the ones listed here.

The latest on our blog

April 25, 2024

Changing jobs can bring about numerous considerations, and if you currently have a novated lease, it’s important to understand how it may be affected. Let’s talk about the implications of changing employers on your novated lease and provide valuable insights to help you navigate this transition smoothly. The Impact of Changing Employers on Your Novated … Continued

April 12, 2024

Key Points: The Tesla Model Y is an all-electric compact SUV that stands out with its impressive performance, advanced technology, and spacious interior. Here are some essential aspects of this vehicle: Highlights: Considerations: Specifications: Model Y RWD: Model Y Long Range: How much does the Tesla Model Y Long Range cost? The Tesla Model Y … Continued

April 4, 2024

Luxury cars, often associated with elegance and style, can introduce financial complexities, especially when integrated into novated finance leases. To give you clarity on this, we explore insights into the treatment of luxury cars under novated leases and the importance of the luxury car adjustment (LCA) sometimes known as luxury car charge (LCC). Let’s start … Continued

March 30, 2024

When it comes to acquiring a vehicle for business use, businesses have several financing options at their disposal. Two popular choices are novated leasing and chattel mortgages. While both options have their merits, this blog will explore why novated leasing might be a superior choice for business driving needs. Novated Leasing Demystified Novated leasing is … Continued

March 24, 2024

In today’s competitive job market, employers are continuously seeking ways to attract and retain top talent. Offering attractive employee benefits can make a significant difference, and one such benefit is a car allowance combined with a novated lease. This powerful combination not only enhances an employee’s financial well-being but also contributes to job satisfaction. Let’s … Continued

March 5, 2024

If you’ve decided to reap the rewards of vehicle salary packaging, choosing a car is an important step. Often, the best novated leasing cars are the ones that suit the drivers. We take a look at some of the best novated leasing cars. Make sure you know the difference between novated leasing and vehicle salary … Continued

March 1, 2024

Novated leasing expert, Andrew, talks us through some common (and not so common) questions about novated leasing and salary packaging. Question: What happens with my novated lease if I change employer? Put simply, you can likely transfer the lease. However, there are a few things to consider… Firstly, who is Andrew Pantelis? With years of … Continued

February 28, 2024

Question: Do you have to be working full-time for vehicle salary packaging? Put simply: No, you can be casual, part-time or full-time. However, there are a few more things to think about… Firstly, who is Andrew Pantelis? With many years of experience in the novated leasing and vehicle finance industry, Andrew has helped many clients … Continued

February 17, 2024

(Header image source: autoblog.com) Recent Positive Salary Packaging client, Megan, upgraded from a 2012 Holden Astra to a 2020 Hyundai Kona. Here’s the story. Who: Megan 31, Registered Nurse What: Vehicle upgrade Where: Central Coast, NSW When: March, 2021 Why: Client was unable to meet repayments on a traditional car loan Megan contacted Positive Salary … Continued

February 1, 2024

Industry expert, Andrew, talks us through some common (and not so common) questions about novated leasing and salary packaging. Question: What’s the difference between novated leasing and salary packaging? Put simply: When it comes to cars, they are the same. However, there are a few more things to think about… Firstly, who is Andrew Pantelis? … Continued