Salary sacrificing your next car is the smart way to lease a car. A novated lease arrangement with your employer enables you to unlock your pre-tax income which can save you thousands on your next new or used car.
For over 20 years, we’ve been helping Australian’s salary sacrifice their way to a new car. Our service is personal. We’re fast, flexible and we don’t use call centres – call us and you’ll speak directly to our experts. If you’re looking to get started, click to get a fast online quote.
What is Salary Sacrificing?
Salary sacrificing a car via a novated lease is an arrangement with your employer that enables you to use your pre-tax income to lease a new or used car.
When payments are made before tax, it can help to reduce your taxable income, which increases your take home pay and helps you pay less overall tax. Depending on your salary, the financial benefits from salary packaging can be significant.
While we specalise in salary sacrificing cars Australia-wide, salary sacrificing can also be used to reduce your taxable income on a number of other expenses like insurance, loan repayments and other personal expenses – it just comes down to your employer.
Examples of Salary Sacrifice Car Leasing
It can be tricky to understand the true savings of novated leasing, so we’ve put together two packages which highlight the differences of salary sacrificing a car versus personal financing.
While there is no minimum number of kilometers that you have to travel in order to make significant savings, for the purposes of these examples we have we have estimated 15,000km over a 5-year novated lease – this represents an ‘average’ package.
Note: We can also provide savings and salary packaging figures specific to your needs, give us a call on 1300 738 601.