Mercedes Novated Lease
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Experience the Luxury of a New Mercedes with a Novated Lease from LeaseLab
Mercedes-Benz is synonymous with luxury, innovation, and performance. From the sleek C-Class to the powerful GLE, and the cutting-edge EQS electric sedan, Mercedes vehicles set the standard for premium driving experiences. Securing a Mercedes novated lease through LeaseLab allows you to experience Mercedes ownership for yourself while enjoying the multitude of benefits that only a novated lease can offer.
Discover the Benefits of a Mercedes Benz Novated Lease with LeaseLab
Choosing a Mercedes novated lease offers a range of compelling financial advantages. When you opt for a novated lease for your Mercedes with LeaseLab, your lease payments are deducted from your pre-tax salary. This reduces your taxable income, effectively increasing your take-home pay. You can bundle your Mercedes running costs, such as fuel, insurance, maintenance, and charging expenses for electric Mercedes models, into your lease as well, further reducing your taxable income while enjoying the convenience of a single, regular and predictable payment covering all of your vehicle expenses. Additionally, with a novated lease for your Mercedes, you'll avoid paying GST on both the purchase price and the running costs of your vehicle, resulting in even greater savings.
For those choosing an electric model like the EQS, there are further benefits. You may qualify for the federal government's fringe benefits tax (FBT) exemption for electric and low-emission vehicles under the luxury car tax threshold, further enhancing your savings.
Pay Less Tax with a Mercedes Novated Lease from LeaseLab
With a Mercedes novated lease, you can enjoy unrestricted use of your Mercedes-Benz, whether for business or personal travel, providing flexibility and convenience that other financing methods often lack. LeaseLab offers supportive service throughout the leasing process, from securing competitive pricing through our fleet network to managing your lease and vehicle maintenance.
LeaseLab simplifies the novated leasing process, making it straightforward and stress-free. By choosing a novated lease for your Mercedes-Benz with LeaseLab, you benefit from expert guidance, significant tax savings, and the luxury of driving a world-class vehicle without the financial burden of traditional financing.
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FAQs
How does a novated lease for a Mercedes differ from a car loan?
A Mercedes novated lease is different from a car loan in several key ways. With a car loan, your repayments are made from your post-tax salary, meaning you pay for the loan after taxes have been deducted from your earnings. In contrast, a novated lease for a Mercedes comes out of your pre-tax salary, allowing you to make lease payments before taxes are applied. This arrangement reduces your taxable income, leading to significant tax savings. Typically, these tax savings surpass the interest costs associated with the lease, making a Mercedes-novated lease a more financially advantageous option compared to a traditional car loan.
How do I get a novated lease for a Mercedes?
Securing a novated lease for a Mercedes with LeaseLab is straightforward. You can start by requesting a quick, obligation-free quote. If you're satisfied with the quote, we'll assist you with finance pre-approval while you select your Mercedes-Benz. Once you've chosen your vehicle, we'll help you secure it, often at competitive wholesale or fleet prices. Then, you and your employer sign the necessary paperwork to set up your Mercedes novated lease payments from your pre-tax salary. After final approval, you'll receive a welcome kit and you’re good to go!
What can be included in a Mercedes novated lease package?
A Mercedes novated lease package can cover the vehicle itself plus a wide range of running costs. This includes fuel, servicing, tyres, insurance, roadside assistance, charging, and registration. The more expenses you bundle into your Mercedes novated lease, the greater your tax savings will be. However, we understand that some people prefer to manage certain aspects, such as insurance or servicing, separately. Our flexible plans accommodate various preferences, offering options that range from just the car to comprehensive packages that cover all running costs.
It's worth noting that certain items, like road tolls, parking fees, fines, and accessories added post-delivery, can’t be included as they are not considered legitimate operating costs by the ATO. For detailed comparisons and to choose the best plan for you, explore our Mercedes novated lease options on our plans page.
The benefits of novating
Reduce your tax bill using pre-tax income
Fleet pricing on a range of cars
Include running costs in one easy payment
No bill shock with smooth payments
Avoid GST on the vehicle and running costs
Flexible plans and end of lease options