A novated car lease is the smartest way to get behind the wheel of your dream car. It's a unique agreement among you, your employer, and novated lease provider like Novated Choice. Just like other forms of car finance, a novated lease involves regular payments over a fixed term, with a residual payment due at the lease's end. But unlike other car finance, payments are made using pre-tax dollars, so it has the benefit of reducing your taxable income.

Why choose a novated lease?
A novated lease can instantly slash thousands of dollars off your new car's price tag by exempting you from paying the GST. But the benefits don't stop there. Because a novated lease is paid from your salary before tax it can offer you tax savings. You can also roll in all your car's running costs— fuel, registration, maintenance, and insurance—boosting your savings even more.

Can I use a novated lease for a used car?
Yes! As long as the vehicle isn’t too old and meets the terms of the agreement, you are able to pay for them using a novated lease.