Finance GST-exclusive cost
Pay the GST-free price of the vehicle — saving you ~10% on the purchase outright.
How novated leasing works
Understand the people, payments and steps involved
A novated lease is an ATO-approved salary packaging arrangement that may help reduce the income tax you pay while making it easier to budget for your vehicle expenses. It's a three-way agreement between you, your employer and a finance provider, with payments made from your salary.
One regular payment can cover not only the vehicle finance but also eligible running costs such as registration, insurance, fuel or EV charging, servicing, tyres and roadside assistance. Autopia manages the administration, helping make the process simple and convenient.
Use our calculator to estimate your potential savings.
What are the benefits of a Novated Lease?
Fleet buying power
Discounted vehicle pricing through Smart's bulk fleet purchasing agreements.
All running costs bundled
Fuel, insurance, registration, tyres & servicing — one easy fortnightly payment.
Lower total cost of ownership
Savings on both the purchase price and all your ongoing vehicle expenses.
Pay for your car before income tax and keep more of your salary
Gross salary
$100,000− $8,500 pre-tax
Taxable income$91,500
Tax saved~$2,800 / yr
Simple steps to lease a car you love
Find the right car
Get quotes for your preferred car and accessories, and different lease terms. Compare savings against a car loan or buying outright.
Lock in a great deal
Apply online for finance, with a usual 24-hour turnaround time, subject to credit check. Sign your contract and we'll source your car at a great price.
Take delivery and hit the road
Enjoy the freedom of a new car while we take care of salary deductions and payments.
Additional FAQs
Do I qualify for a Novated Lease?
If you receive a salary and pay tax through the PAYG system, then yes, you do qualify for a novated lease. It doesn't matter how many kilometres you drive, what tax bracket you're in, whether you use the car for work or not. Even if you own the car outright, you're still eligible for a novated lease and all the savings that come with it.
How much can I save with a Novated Lease?
Everyone has their own unique set of circumstances, however, as an example of how much money you could be saving, by choosing to salary sacrifice a car in 2020, the average Autopia driver increased their disposable income by $5,182.
What is Fringe Benefits Tax (FBT) and do I have to pay it with a Novated Lease?
Fringe Benefits Tax (or FBT for short) is the Australian Tax Office’s view on Australians generating income from ‘non-monetary’ benefits like a car, but you shouldn’t ever have to pay it as long as your novated lease is managed by Autopia.
By covering a portion of your car’s expenses out of your post-tax salary, we offset the liability, completely eliminating Fringe Benefits Tax. This is called the Employee Contribution Method. It’s one of the strategies we can use to ensure you never have to pay FBT, and it could be your new best friend.
Search Vehicles