Got questions? You’re in the right place.
Scroll through some of the most common questions we hear or explore the categories below to find what you’re after.
General questions
- What is salary packaging?
Salary packaging lets you pay for certain expenses from your pre-tax income. This reduces your taxable income and can increase your take-home pay.
- What is a novated lease?
A novated lease is a type of salary packaging that allows you to lease a vehicle using your pre-tax income. It’s a three-way agreement between you, your employer, and a finance provider.
- What’s the difference between salary packaging and novated leasing?
Salary packaging covers a range of expenses like rent, superannuation, and laptops. Novated leasing is a specific type of salary packaging focused only on car finance and running costs.
Getting Started
- How do I get a novated lease?
Here’s the process:
- Speak with a leasing consultant
- Submit an application
- Choose your vehicle
- Employer approval
- Sign lease documents
- Car is delivered and salary deductions begin
- Can I get a quote before committing?
Yes, use our Novated Lease Calculator to estimate your costs.
- Do I need a high income to benefit?
No. As long as you pay tax, you can benefit. Higher incomes typically see greater savings.
- What if my employer doesn’t offer salary packaging?
We can help by speaking directly with your employer or HR team. There’s no cost to them and we handle the admin.
Vehicle and lease options
- What types of vehicles can I lease?
- New or used cars
- Cars you already own under finance
- Can I include accessories or personalised plates?
Yes, provided they’re included at the time of purchase.
- Do I need to drive a minimum number of kilometres?
No, your lease is based on salary deductions, not distance driven.
Changing Jobs or Ending the Lease
- What happens if I change jobs?
The lease can transfer to your new employer.
- What if I stop working?
You can continue lease payments directly to the finance provider.
- What is a residual payment?
It’s the final payment at lease end, based on ATO guidelines. You can:
- Pay it and keep the car
- Sell or trade in the car
- Refinance the amount into a new lease
End of lease options
- What can I do when my lease ends?
- Trade in and start a new lease
- Sell the car and keep any profit
- Refinance or pay out the residual to own the vehicle
- Can I buy the car at the end?
Yes, simply pay the residual value.
EV (Electric Vehicle) Leasing
- Is EV leasing available?
Yes, eligible EVs have no FBT and lower running costs.
- How far can an EV travel?
Most EVs offer 300–600 km per charge.
- Can I install a charger at home?
Yes. Most EVs come with a basic charger. You can also install a wall unit (around $700–$1,500 + install).
- Is charging cheaper than petrol?
Yes, average savings are around $2,900 per year on fuel.
Common questions
- Do I have to use the car for work?
No, you can use it for personal travel
- Can I lease more than one vehicle?
Yes, if your employer allows multiple salary packaging arrangements.
- What happens during parental leave?
You can continue lease payments using paid leave or direct payments.