Toyota Hilux
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Drive a New Toyota Hilux with a Novated Lease from Leaselab
The Toyota Hilux is renowned for its durability, off-road capability, and rugged design, making it the perfect vehicle for work and play. For navigating city streets, tackling off-road terrain, or helping yet another mate move house, the Toyota Hilux is respected for its exceptional performance and reliability. Opting for a Toyota Hilux novated lease in Australia through Leaselab allows you to enjoy this iconic ute with substantial financial benefits that traditional ute financing can't deliver.
Why Choose a Toyota Hilux Novated Lease with Leaselab
A novated lease for a Toyota Hilux can offer game-changing financial benefits. Unlike traditional financing, novated lease payments, along with running costs like fuel, insurance, and maintenance, are deducted from your pre-tax salary by your employer, reducing your taxable income. Your lease and running expenses are combined and taken as one regular, predictable payment so you’re never short or met with any unexpected financial surprises.
A Toyota Hilux novated lease also means no GST on the vehicle purchase price and its running costs; that’s another 10% saving in your pocket. With a novated lease, you enjoy the benefits of driving a new Toyota Hilux without any personal usage restrictions and without the financial headache that other financing solutions can bring.
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Save More on Your Toyota Hilux with Leaselab
Novated leasing for your Toyota Hilux is straightforward with Leaselab. Our quotes are simple and easy to absorb, and our process is fast and easy. We manage every element of your novated lease from start to finish, or renewal, and are here to back you if things change. With Leaselab, you can be confident that your Toyota Hilux novated lease is taken care of so you can focus on your next project.
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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.
Can I save on GST with a Toyota Hilux novated lease?
GST savings are a huge win with a novated lease on your Toyota Hilux. You’ll avoid paying GST on the vehicle purchase price, saving you thousands of dollars. And, GST savings extend to the running costs of your Hilux too, including fuel, repairs, insurance, and registrations, making Hilux ownership even more appealing.
Is a Toyota Hilux novated lease worth it?
We think so. A Toyota Hilux novated lease in Australia offers massive financial benefits. By using pre-tax dollars to make your lease payments you lower your taxable income, resulting in significant tax savings. Running costs can also be paid with pre-tax dollars, enhancing your savings, and simplifying your lifestyle with the predicatabiolity of one regular payment for all of your vehicle costs. A novated lease makes owning and driving a Toyota Hilux alot more affordable when compared to traditional financing options.
Are there any restrictions on how I can use my Toyota Hilux with a novated lease?
No, there are no restrictions on how you can use your Toyota Hilux with a novated lease. It’s yours to drive for both business and pleasure. Our novated lease structure allows you to manage your expenses efficiently while providing the freedom to use your Hilux as you wish.
Save thousands in tax by driving your dream car
For Drivers
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