Myths Exposed

It's only for top-level executives

Absolutely not. While those in a higher tax bracket will experience higher tax savings, any full time or permanent part-time employee can take advantage of novated leasing to reduce their tax and get a new car for less. We'll put together a package based on your personal financial circumstances, not your title.

You can only use the car for business purposes

Absolutely not. A novated lease is designed to provide employees an added benefit – beyond your salary. So you don't have to use your car at all for business purposes in order to benefit from a novated lease.

You have to drive a lot to benefit

Absolutely not. Even if you only drive your car to work and back, you can benefit from novated leasing. Use our online novated lease calculator at leasexpress.com.au/calculator.html to see how much you could save, based on your unique situation.