Benefits of motor vehicle novated leases include; 

• Maximise your salary by using pre-tax dollars to lease and operate your own car

• Save substantially on the purchase price; potentially thousands of dollars

• Choose a vehicle to suit your needs

• As the financier is the owner of the motor vehicle, they claim the GST on the purchase price, meaning that the employee finances the GST-exclusive amount.

• Under a salary packaging arrangement, the employer is entitled to claim an input tax credit for the GST components

• Take it with you if you change employment

• Smooth out vehicle expenses with a single monthly payment

• Pay fleet rates on running costs

• Purchase and finance vehicles at corporate rates not retail rates