Novated Lease Melbourne
Get a quote for a novated lease in Melbourne and wider Victoria.
Car insurance, registration, servicing, roadside assistance, fuel and electricity, and even new car tyres - all of it can be rolled up into your novated lease package if you want it to, helping you reduce your tax bill even further! It’s your choice and you have the flexibility to do whatever is best for your specific situation, although we strongly suggest doing so because of the increased tax reduction benefits.
What You Need To Know
Looking to save big on tax while getting behind the wheel of your dream car? It’s all possible thanks to a novated lease in Melbourne.
Leaselab is a Melbourne-based novated lease provider helping employees across Victoria drive off in style – easier than tracking down a cool pop-up in Collingwood.
We’re here to help demystify the financial jargon and break down what’s included in your payments (hint: pretty much everything if you want it to!), plus how much you’re set to save by using a novated lease to get behind the wheels of their ultimate ride.
Crunch the numbers yourself with Leaselab’s novated lease and EV calculators – your future car (and tax savings) are just a few clicks away.
What’s the difference between a novated and a traditional car lease in Melbourne?
With a regular car loan, you’re paying from your post-tax salary. With a novated lease, a chunk of your pre-tax salary covers the cost – meaning less taxable income and more savings in your pocket.
Then there’s the convenience factor. All your running costs? Wrapped into one predictable, automatic payment. No nasty bill shock.
And with Leaselab, you’re not just getting a car – you’re getting a team that’ll find the perfect ride, handle the admin, and make upgrading to your next set of wheels a breeze when the lease is up.
What are the electric vehicle incentives in Victoria?
If you’re in Melbourne and thinking about driving away in an electric vehicle, you might be in for a little bonus. Thanks to some fantastic government incentives in Victoria, your novated lease just got even better.
While our Melbourne novated leasing experts are here to walk you through the details, here’s the gist:
- Zero and low emission vehicles (ZLEVs) are eligible for a registration discount of up to $100 per year
- Discounted motor vehicle duty rates apply to high-value low-emission (120gm/km) passenger vehicles compared to equivalently-priced petrol and diesel vehicles (priced above $71,849)
Ready to start your engines?
At Leaselab, we’re all about helping you make the most of every dollar – that’s why we’ve created a super simple novated lease calculator to show Melbourne employees exactly how much they could save.
We live and breathe novated leasing, so if you’ve got questions or just want to chat about how it all works, give us a ring at 1300 888 594.
Our mission? Craft the best novated lease packages for Victorians, designed just for you. It’s about slashing your tax, boosting your savings, and getting you behind the wheel of something you’ll love.
FAQ for novated leases in Melbourne
Can you get a novated car lease on a used car in Melbourne?
Absolutely! In most cases, you’re not restricted to a specific make, model, or car type when it comes to novated leases. You can lease a used car, or even your current vehicle through a novated lease.
What happens at the end of my novated lease in Melbourne?
When the lease is up, you’ve got three options:
- Pay the residual value and own the car outright.
- Extend the lease and keep driving the same vehicle.
- Upgrade to a new car by trading in your current ride. Use its sale value to cover the residual, and keep any profit—tax-free (that’s right, we said tax-free). This is the option most people go for.
Everyone’s financial situation is different and we’ll talk through all your options so you make an informed decision.
Are all Victorian employees eligible for a novated lease in Melbourne?
As long as you're working for a company or organisation that offers novated leasing as a perk, you're good to go! If you're fresh into a new job, just note that you might need to wait until your probation period ends to jump into a novated lease.
Whether you work for a start-up or an ASX-listed company, we’re passionate about helping Victorian businesses thrive by elevating their employee benefits.
A novated lease sounds pretty good, right?
Novated leases with Leaselab help everyday Australians like you address the uncertainty and budgetary challenges associated with car ownership. With all payments bundled and budgeted for in advance using pre-tax income, we help you enjoy smaller and smoother payments with no surprises - plus big tax savings.
Say goodbye to confusion and hello to a seamless novated car leasing experience
Want a no-hassle novated lease? Think Leaselab for your next car. Smaller tax bill. Bigger savings. No surprises.
Save thousands in tax by driving your dream car
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