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

Fully Maintained Novated Lease

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.

Non Maintained Novated Lease

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.

Other Items

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

What’s Included in a Novated Lease?

All FleetPlus Novated Lease customers benefit from:

• Discounted Vehicles

  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.

• No GST

  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.

• Discounted Fuel and Maintenance

  Access to discounts on repairs, maintenance, parts and labour - plus discounted fuel at thousands of petrol stations across Australia.

• Vehicle Choice

  An individually tailored lease which offers an affordable way to get the new or used vehicle you really want.^*

• Simple Monthly Repayments

  One affordable fixed monthly repayment provides peace of mind and ease of budgeting.

• 24/7 Roadside Assistance

  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.

• Discounted Aftermarket Products

  Personalise your vehicle with discounted and guaranteed quality aftermarket products from reputable suppliers.

• FleetPlus Insurance

  We can arrange quality insurance policies from industry leaders including compulsory Insurance, Lease Protection and optional additional cover.

• Dedicated Novated Relationship Team

  Our professional Novated Relationship Managers have many years of experience in Novated Leasing to assist you every step of the way.

• Online System

  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.