• Employees
  • Employers
  • Existing Customers

What is Novated Leasing?

Novated leasing is a way of turning your new, used or existing car expenses into a savings plan. FleetChoice can roll your car and running costs (including Fuel, tyres, registration, insurance, servicing) all into one easy payment.

So instead of paying for all this with your take-home pay, a portion is paid using your pre-tax salary, turning tax to your advantage. That's where the real savings are derived.

What is a Novated Leasing Program?

A Novated Leasing Program is a tailored offering that allows your employees to salary package a new or used motor vehicle and its running costs. Offering Salary Packaging services helps your organisation to be positioned as an employer of choice and enhances employee recruitment and retention.

Speak to our team today to see how we can assist your business, staff and their families with this or wider Eclipx Group services.

Make the most of your Novated Lease

Need to book a service?

To ensure your vehicle is maintained at its optimal peak, it is important your vehicle is serviced in accordance with the manufacturer's servicing schedule by an authorised agent.

Had an Accident?

If you've had an accident or need roadside assistance give our friendly team a call on our 24/7 Accident & Emergency Breakdown Assistance hotline and they will help you out.

Client Login

Update your details, review your agreement or simply want keep on track of your budgeted spend, login to our customer portal to access your information.

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Flexible FleetChoice Visa Card

FleetChoice's Expense Visa card provides market leading flexibility and convenience to manage your salary packaged expenses.

Some of our Satisfied Customers

Frequently Asked Questions

Do I have to drive the car for work purposes?

You do not need to use your car for work purposes to be eligible for a Novated Lease. Both work and private use vehicles can be managed under a Novated Lease Agreement.

What happens if I change jobs?

There are a number of options to consider if you change jobs during your lease term:

  • You could transfer your Novated Lease to your new employer
  • Continue to make your monthly lease payments under the existing finance agreement (less any previously included running costs)
  • Make an offer to purchase the vehicle and payout the lease (including residual value amount)
What kind of car can I choose?

The choice is yours!

  • New – access our buying power or negotiate with your own dealer
  • Used vehicles
  • Your existing vehicle under a Sale and Leaseback

Be mindful there are some restrictions on used vehicles, but speak to your Novated Consultant today for more details.

What happens at the end of my lease?

When you sign up for a Novated Lease you agree to a ‘residual amount’ at the end of the lease. This is a goverment regulated calculation which equals the amount the vehicle is worth at the end of the lease term.

At the end of the lease you can pay the residual amount and own the vehicle outright, extend the term of the lease for a further period or alternatively you can sell the car and use the funds to pay out the residual.

Speak to our Team Call us on 1300 34 33 88