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  • 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.

Don't miss out on our range of Novated Specials!

At FleetChoice we use our fleet buying power to negotiate savings across a range of our most popular Novated Vehicles.
So if you or a family member are looking to upgrade a car, have a look at our range of specials below and enquire today for a detailed quote.

Offers end 31st December 2019 or while stocks last.

Mazda CX-5 Maxx Sport

Mazda CX-5 Maxx Sport

Including FleetChoice packaged finance and running costs.

From $190/week

from your take home pay*

Save $11,499#

in estimated tax savings over 5 years.

Mitsubishi ASX LS 2WD

Mitsubishi ASX LS 2WD

Including FleetChoice packaged finance and running costs.

From $156/week

from your take home pay*

Save $12,066#

in estimated tax savings over 5 years.

Nissan X-Trail ST-L 2WD

Nissan X-Trail ST-L 2WD

Including metallic paint and FleetChoice packaged finance and running costs.

From $191/week

from your take home pay*

Save $11,696#

in estimated tax savings over 5 years.

How are weekly lease costs and tax savings calculated?

Weekly costs have been determined by comparing the post-tax position of including a car through a novated lease vehicle package with no leased vehicle. Estimates provided are based on the following Novated Lease package:

  • Employee Contribution Method (Salary Sacrifice)
  • 5 year term with 25% residual amount owing at lease end^
  • 15,000 kilometres per year and budgeted estimated running costs
  • $80,000 gross annual salary
  • NSW on road costs
 

What’s included in a FleetChoice Novated Lease package?

A fully maintained Novated Lease takes care of your vehicle finance and budgeted estimated running costs in one fixed repayment.

Finance

Fuel

Tyres

Registration

Comprehensive insurance

Maintenance and servicing

Important Information: Information is current as at the 1st October 2019 and is subject to change.  *Weekly costs have been determined by comparing the post-tax position of including a car through a Novated Lease vehicle package with no leased vehicle. In order to qualify for Novated Specials, vehicles must be ordered before 31st December 2019 via the FleetChoice preferred dealer network.  ^A residual value amount of 25% of the vehicle purchase price plus GST is owed at the end of term. #Savings amount based on income tax and GST savings over the lease term. The Novated Lease offers are only an indicative approximation and availability on the selected new vehicles and models shown and may change at the time the lease quotation is completed and finalised. Your individual circumstances have not been taken into account and will affect the overall weekly cost amount and the benefits of a Novated Lease. This information is not intended as a substitute for any specific financial and tax advice which you should obtain. Credit Criteria. fees and charges, terms and conditions apply. These Novated Specials cannot be used in conjunction with any other offer. 

Some of our Satisfied Customers

fleet_choice_fuel_card.png

Flexible FleetChoice Visa Card

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

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