Novated Saver

Calculator
Menu
Calculator

How Novated Leasing Works

A novated lease is a simple arrangement between you, your employer and us that bundles all your car-related bills – including the cost of the car – into one regular, super-convenient payment that can save you thousands.

This payment, which covers your new car plus all your regular car expenses (we’re talking fuel, insurance, rego, servicing…everything!) comes out BEFORE you pay tax, so not only is it easy to budget, it’ll also reduce the amount of income tax you pay.

What’s not to like?

It’s as easy as...

Pick Your Car & Grab a Quote

Choose a new or second hand vehicle and plug in your details to our Novated Saver calculator for a simple, easy to understand quote.

Get Your Finances Approved

We’ll send an email to your boss outlining the simple steps to set up your novated lease. Your employer will deduct payments from your pre-tax salary and send them directly to us, so forget the red tape.

Drive Away in Your New Ride

Once you get everything approved, pick your favourite playlist and drive into the sunset in your brand new car!

Who wants to get caught up in confusing, complex quotesor be stuck with a leasing provider that rips you off with hidden fees?!

At Novated Saver, we have nothing to hide so our quotes are easy to read and understand, with no secrets or nasty surprises.

We can help you make the smart choice, so you can get behind the wheel of your dream car and keep your money in your pocket where it belongs.

Do yourself a favour and find out how much you can save with a clear, hassle-free quote using our calculator!

Get a Quote! Find out how much you could save in seconds!

Use our Novated Saver Calculator to generate a simple, easy to understand quote on the spot.

Simply choose which new or second hand vehicle you’re after, enter your info and voilà!

Go To Calculator

F.A.Q.

With a standard car loan, you make repayments with your post-tax salary. But with a novated lease, you pay out of your pre-tax salary, which then lowers your taxable income. Then there’s the fact that all your running costs are bundled into one regular payment. You won’t find a car loan that does all of that!

Don’t worry we’ll help you with every step of your application, but it might be helpful to know:

  1. The make and model of your current car
  2. An idea of the car you’d like to get
  3. A rough idea of your current car’s running costs
  4.  An estimate of how many kms you think you’ll travel each year
  5.  Your annual income and employer info

Most of the time, we’ll approve applications within 24 hours of getting all the required info and documents.

Servicing costs are all included in your novated lease. In most cases, you’ll be able to get two services a year, depending on time or mileage.

We’ll be in touch with you before your contract ends to chat about your options. These might include:

  1. Getting a new car! Take out a new lease, upgrade to the latest hot ride, and keep enjoying the convenience and potential tax savings.
  2. Refinancing. Extend your lease by refinancing the residual amount (the balloon payment you owe at the end of your lease) and keep making handy regular payments on the car you’ve already got.
  3. Keeping the car. Buy your ride outright by paying the residual amount.

There are plenty of reasons you might change your job (expectedly or unexpectedly) before the end of your novated lease. If this happens, you can choose to:

  1. Transfer the lease to your new job.
  2. Pay the remaining lease payments and buy the car outright by paying the residual value.
  3. Keep making the payments for the lease and running costs yourself with your post-tax dollars.

Whether you do less than 10,000kms a year or more than 50,000kms, a Novated Saver novated lease could save you money. Punch your info into our Calculator to see how much you drive a year might affect your payments.

Yes! Provided you are permanent part-time.