What is a novated lease?
A novated lease is one of the easiest and most cost effective ways to buy and own a car, and you don’t need to be earning a senior executive salary!
- Make tax savings and discounts on your car and related running expenses
- Bundle finance and running costs into one easy payment on payday
- Lease a new or used car
- Choose the lease term that suits your budget, from one to five years
Why choose a novated lease for your next car?
From the day you decide it’s time for a new car till the day you move on to your next car, Salary Solutions makes it easy for you. Salary packaging a car – also known as a novated lease – works like other salary packaging arrangements in that it utilises your pre-tax income to reduce the cost of owning and running your car.
The difference with Salary Solutions is that we do most of the legwork for you, and we’re always available to guide you through the process. So all you need to do is drive.
Five ways you save with Salary Solutions
- No haggling, no sales pitch
In 2017, we saved our customers over $21m on the purchase price of their car through our huge national buying power. That means you can leave the haggling to us and be sure of a great price!
- No trudging from dealer to dealer
We organise your test drives with our trusted network, so you can save your weekends and enjoy the great service (and no pressure!).
- No hassles with paperwork and complicated processes
We guide you through the paperwork and set up the lease with your employer on your behalf. Deductions happen automatically, so there’s no added worry on payday.
- No big bills, no out-of-pocket expenses
All your finance and annual running costs – like fuel, servicing, insurance, registration, roadside assistance and tyres – are bundled together into a single payment deducted on payday. When you incur an expense – like fuel or servicing – the provider bills us directly, and we pay the bill on your behalf with funds set aside in your salary packaging account.
- You save thousands!
When you buy a new car, you’ll pay no GST on the purchase price, instantly saving 10%. And because most running costs are paid with pre-tax dollars, you save a minimum of 30%, depending on the rate at which your tax is calculated.