Discover Luxurious Reliable & Elegant Performance with a Lexus Novated Lease
Since its inception in 1989, Lexus has infused every detail of its brand with "omotenashi," the Japanese tradition of hospitality that makes each driver feel truly cared for. Today, luxury enthusiasts are drawn to Lexus for its striking designs, daring craftsmanship, and seamless blend of elegance and innovation. Whether you’re behind the wheel of the iconic RX or the sleek NX, each Lexus model is a symbol of refinement, delivering not only reliability but also a driving experience elevated by cutting-edge technology and enduring value.
With a Lexus novated lease, you can enjoy the pinnacle of luxury while managing both vehicle costs and upkeep in a tax-smart way, bringing sophistication within reach.
Unlock Tax-Savings with a Lexus Novated Lease
Whether you're a high-flying executive seeking refined comfort on your city commute, or a style-conscious parent craving the perfect blend of practicality and luxury, a Lexus delivers on all fronts. Known for its impeccable craftsmanship and forward-thinking design, Lexus is built for those who value sophistication and elegance in every drive. With Leaselab's Lexus novated lease, you can enjoy the elevated experience of driving your dream car while unlocking significant tax savings.
Beyond the GST benefits and reduced running costs, you can tap into additional savings through the federal government’s FBT exemption for zero and low-emission vehicles. Use our Lexus novated lease calculator to explore your financial perks, and let Leaselab guide you toward a cost-effective, luxury-filled journey.
Our Lexus novated lease plans are tailored to make your driving experience smoother from start to finish. We’ll work with you to create a personalised payment plan that fits seamlessly with your lifestyle and aspirations. With a Lexus novated lease from Leaselab, you’ll enjoy exclusive savings on your vehicle and running costs, ensuring you save throughout the lease period.
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Use this calculator to get an instant estimate on how much you can save. The calculation includes the car, fuel or electricity and on-road running costs to maximise your savings. The information you share here is secure and only used for the purposes of this estimate.
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Frequently Asked Questions
Will I have ownership of the Lexus once the novated lease term ends?
To take ownership of your Lexus after completing a novated lease, you'll need to pay what’s known as the 'balloon payment' or 'residual value.' This payment is determined as a percentage of the car’s overall price and is influenced by the duration of your lease. Generally, opting for a shorter lease results in a higher balloon payment, while a longer lease can lower this amount but allows for less flexibility.
With Leaselab, you won’t have to navigate this journey alone; our dedicated team is here to assist you in making informed decisions that suit your financial goals and lifestyle.
Will I have ownership of the Lexus once the novated lease term ends?
The ideal length of a Lexus novated lease primarily depends on your unique preferences and financial circumstances. For Lexus drivers, opting for shorter lease terms might mean higher monthly payments, but this flexibility can be invaluable for those who want to avoid long-term commitments or anticipate lifestyle changes. On the other hand, longer leases generally feature lower monthly expenses but may lead to a prolonged repayment period. Generally, a lease duration of three to five years offers a sweet spot between affordability and commitment.
Is there a minimum salary for a novated lease?
No, a Lexus novated lease does not have a minimum salary requirement. However, approval depends on your financial standing, including your income, living expenses, and any dependents, to ensure you can comfortably manage the regular lease payments. For a detailed evaluation of your situation and tailored advice, Leaselab is here to help guide you through the process.