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.

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