Toyota Corolla
Lease the
Toyota Corolla
from
$
168
$
$
168
$
168
Per Week
Toyota Corolla
Compare Variants
ASCENT SPORT
Sedan
Petrol
From
$
168
$
0
$
168
per week
SX HEV
Sedan
Hybrid
From
$
178
$
0
$
178
per week
ZR HYBRID
Hatchback
Hybrid
From
$
183
$
0
$
183
per week
ZR HEV
Sedan
Hybrid
From
$
194
$
0
$
194
per week
Drive a New Toyota Corolla with a Novated Lease from LeaseLab
A popular choice for all types of drivers, the Toyota Corolla pairs reliability and fuel efficiency with a modern, European-inspired design that delivers big on performance. The ideal vehicle for urban commuting or long-distance journeys, the Corolla is known for its comfort and functionality. Securing a new Toyota Corolla on a novated lease with LeaseLab means you can enjoy all the benefits that come with owning this best-selling vehicle model while reaping the significant financial rewards that other financing solutions can’t beat.
Why Choose a Novated Lease for Your Toyota Corolla with LeaseLab?
Choosing a novated lease for a Toyota Corolla comes with a host of enviable financial perks. When you lease a Toyota Corolla, your novated lease payments, as well as running costs like fuel, insurance premiums, tyres and maintenance, are deducted from your pre-tax salary, much like salary-sacrificing. This reduces your taxable income, allowing you to take home more of your earnings. A Toyota Corolla novated lease gives you the option to bundle all vehicle-related expenses into one regular, predictable payment, eliminating financial surprises and simplifying your budget planning.
With a Toyota Corolla novated lease you won't pay GST on the vehicle purchase price or any running costs, giving you a 10% saving from day one. And, the flexibility and ease of a novated lease through LeaseLab means you will enjoy all the benefits of driving a brand new Corolla of any kind without restrictions on personal use, unlike some traditional financing solutions.
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Save More on Your Toyota Corolla with a Novated Lease LeaseLab
At LeaseLab, we streamline the novated leasing process, ensuring it's as straightforward and hassle-free as possible. From providing transparent, easy-to-understand quotes to managing every aspect of your Toyota Corolla novated lease, we handle it all. Forget the hassle and the headache of buying a new car with traditional financing options, and explore the advantages - and the tax savings - of a novated lease for your new Toyota Corolla. With LeaseLab, your Toyota Corolla novated lease is in expert hands, so you can confidently drive away.
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Novated Lease Calculator
Estimate your annual tax savings
Thousands in potential savings await you every year, and we want to be the ones to deliver the good news! The information you share is secure and only used for the purposes of an estimate. And please remember these figures are indicative only. Get in touch for personalised numbers based on your unique situation.
The Process
How It Works
A novated lease is a way to pay for your car and its running costs using your pre-tax income, which in the eyes of the ATO reduces your total salary and therefore the amount of tax you pay. It sounds simple, but it’s a total game-changer. Here's how it works in three simple steps.
You + Your Vehicle
Found the car you want? Perfect. Now, instead of you paying for your car outright, you enter into a lease agreement for the car for a fixed period between 1 - 5 years.
You + Your Employer
An agreement is set up between you, your employer and us. Then, your deductions for the lease (including running costs too, if that's what you want) are made by your employer from your pre-tax income. And that reduces the income tax you pay each pay cycle. Plus, your deduction amount is fixed, so you know what you’re paying for your car each month.
You + Leaselab
With a direct line of communication through a dedicated relationship manager, we'll help you navigate any challenges right the way through your lease. Whether it's today or five years from now, we promise you’ll always have the same level of help and service all the way through to the end of your lease.
Frequently Asked Questions
What are the benefits of a novated lease for a Toyota Corolla?
Easily the most appealing benefit of a novated lease for a Toyota Corolla is the substantial financial advantage. With a Toyota Corolla novated lease, you’ll avoid paying GST on the purchase price as well as on its running costs like fuel and servicing. Your regular novated lease payments will be made from your pre-tax salary, which will lower your taxable income, resulting in significant tax savings. A novated lease also offers flexibility, giving you the option to secure a new or used Toyota Corolla, and to use it however you like, without the restrictions that some other vehicle financing solutions put in place.
How do I get started with a Toyota Corolla novated lease?
Getting started with a Toyota Corolla novated lease is simple with LeaseLab. Use our novated lease calculator to estimate your potential savings, explore our Toyota Corolla novated lease plans, and then contact us to receive a personalised quote for a plan that suits your lifestyle. We handle all aspects of the leasing process, simply and transparently, without the jargon or the hassle of other finance solutions.
Can I save on GST with a Toyota Corolla novated lease?
Yes, you can save significantly on GST with a Toyota Corolla novated lease. You'll avoid paying GST on the vehicle purchase price, which can save you thousands of dollars. Additionally, GST savings extend to the running costs of your Corolla, such as fuel, insurance, and maintenance, reducing the overall cost of ownership by 10%.
Save thousands in tax by driving your dream car
For Drivers
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