A Novated Lease from FleetPlus is a three-way financial arrangement between you as an employee, your employer and FleetPlus.
The repayments are taken out of your pre-tax income in every pay cycle in affordable, agreed payments, and you don’t pay any GST on the purchase price of the vehicle. As your taxable income is reduced, you could even end up paying less tax.
Watch our 'novated leasing explained' video:
Your pre-tax income is used to fund the finance costs, as well as the majority of the running costs including fuel, registration, maintenance, insurance, and more. When you establish the Lease, a residual amount is set, allowing you to purchase the vehicle at the end of the lease term. There is also the option to extend the Lease or sell the vehicle and use the funds to pay out the residual.
While you also get the benefits of financing your vehicle with your pre-tax income, and affordable monthly repayments, you are responsible for meeting all vehicle running costs from your own pocket, after tax.
Depending on your employer, you may be able to secure a range of other work-related technology, education experiences, and more through Salary Packaging. With payments deducted from pre-tax pay, these items are more affordable than ever.
Want to know more? Speak with our Novated Leasing specialists today on 1300 353 381
All FleetPlus Novated Lease customers benefit from:
Save yourself the hassle and let us do all the leg work to source you the best price through our national buying power and fleet discounts.
Save on the GST of a new car and the running costs, including fuel. With a Novated Lease from FleetPlus, you don’t pay GST.
Access to discounts on repairs, maintenance, parts and labour - plus discounted fuel at thousands of petrol stations across Australia.
An individually tailored lease which offers an affordable way to get the new or used vehicle you really want.*
One affordable fixed monthly repayment provides peace of mind and ease of budgeting.
This in-house service provides real help from a real person. We assess the situation before utilising either the car manufacturer’s assistance program or the local automobile club.
Personalise your vehicle with discounted and guaranteed quality aftermarket products from reputable suppliers.
We can arrange quality insurance policies from industry leaders including compulsory Insurance, Lease Protection and optional additional cover.
Our professional Novated Relationship Managers have many years of experience in Novated Leasing to assist you every step of the way.
Track your ongoing expenses and vehicle usage reporting through our online portal.
*Some exclusions and restrictions may apply. Speak with our team today on 1300 353 381.
A vehicle sale and lease back is often an overlooked method of achieving a substantial and immediate cash injection.
For customers or clients who have been affected by the uncertainty around COVID-19, help is available.
Important Information: Information was current at time of publishing and is subject to change. Testimonials are of individual experiences of customers of FleetPlus and are not necessarily representative of all those who will use our products and/or services. Information on this website is general in nature and does not constitute financial or tax advice and does not take into account specific financial circumstances, situations or needs. Independent financial and tax advice should be sought. All applications for credit are subject to credit approval criteria. Terms and conditions, fees and charges apply. Before making a decision in relation to comprehensive motor insurance please read the Product Disclosure Statement, Financial Services Guide and Target Market Determination and consider whether this insurance product is right for you . FleetPlus is an Authorised Representative (AR 270321) of the comprehensive motor vehicle issuer Allianz Australia Insurance Limited (ABN 15 000 122 850 AFSL 23408). FleetPlus may receive financial benefits in connection with its products and services.
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