Toyota Novated Lease
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Unlock Savings on Your Toyota with a Novated Lease from Leaselab
Experience the renowned reliability and innovation of Toyota by securing your new car or ute with a novated lease from Leaselab. Whether you're drawn to the efficiency of the Corolla, the versatility of the RAV4, the cutting-edge technology of the Prius, or the rugged capability of the Hilux, a novated lease can make your ideal Toyota more affordable. By choosing Leaselab, you can enjoy the benefits of driving a new Toyota while saving thousands compared to traditional financing.
Why Choose a Novated Lease for Your Toyota with Leaselab?
A novated lease for a Toyota offers a tonne of financial perks. Unlike traditional car finance, where payments come from your after-tax salary, a novated lease lets you use your pre-tax income for payments and running costs, including fuel, insurance, repairs, maintenance, and registration. This structure reduces your taxable income, resulting in considerable tax savings, putting more money back into your hands.
Even better, a novated lease through Leaselab means no GST on the purchase price and running costs of your Toyota, saving you another 10%. This benefit is available for all types of Toyotas, from the all-electric Toyota bZ4X to the latest Hilux. Moreover, for electric and hybrid models, you can take advantage of government incentives like the fringe benefits tax (FBT) exemption, for even more savings. You can find out exactly how much you could save with our Toyota novated lease calculator.
With a novated lease from Leaselab, you can have the best of both worlds; the luxury of driving a best-selling Toyota vehicle, and the financial benefits that traditional car loans or outright purchases can't match. With Leaselab, your Toyota novated lease in Australia might be the smartest financial decision you make when it comes to buying a new car.
Leaselab Simplifies Novated Leases for Toyotas
At Leaselab, we’re committed to making novated leases for new Toyota vehicle purchases straightforward and hassle-free. We eliminate the confusion and complexity often associated with Toyota vehicle financing, and support you throughout the entire journey. And if things change? We make sure our plans are flexible too. With Leaselab, we make securing a new Toyota on a novated lease a seamless - and fun- experience.
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FAQs
What are the advantages of a novated lease for a Toyota?
The tax saving on a Toyota novated lease is the real clincher; you can save tens of thousands of dollars! By avoiding GST, you'll save 10% on the purchase price, as well as the running costs of your new vehicle. Then, by using your pre-tax dollars for your lease payments, you’ll lower your taxable income and save even more.
On top of the financial gains, you’ll have the enjoyment of the renowned reliability and innovation of a Toyota - just without the financial impact of regular car financing or an outright purchase.
How do I get started with a Toyota novated lease?
Start by using our novated lease calculator for your Toyota to estimate your potential savings. You can contact us directly with any questions or submit your details online, and we’ll give you a bell to run through the details of a personalised quote. Our team will guide you through each step, from start to finish.
What are the benefits of a novated lease for a Toyota fleet?
A novated lease for a Toyota fleet vehicle can provide substantial savings for businesses. By using pre-tax income for lease payments and running costs, businesses can reduce their taxable income, and with no GST charges on vehicle purchases or maintenance, it’s a cost-effective solution for managing a fleet of reliable Toyota vehicles for your company.
Can I lease any Toyota model through a novated lease?
Of course! You can lease any Toyota model through a novated lease with Leaselab. Whether you prefer the fuel efficiency of the Corolla, the advanced technology of the Prius, or the durability of the Hilux, we offer flexible lease plans tailored to your budget and lifestyle.
What are the benefits of a novated lease for electric and hybrid Toyota vehicles?
Leasing an electric or hybrid Toyota through a novated lease offers extra savings, including the federal government’s fringe benefits tax (FBT) exemption for eligible vehicles. This incentive reduces the overall cost of purchasing a new Toyota, and enhances your tax savings overall. Of course driving a hybrid or electric Toyota contributes to a lower carbon footprint, helping you do your part for a healthier and cleaner planet.
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