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Novated vehicle leasing can save you thousands – see how

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We provide novated car leasing for locals in Tasmania

At Fleet Network, we help employees in Hobart, Launceston and anywhere else in Tasmania, to secure their new or used vehicle through a novated lease, all whilst ensuring they save thousands throughout the process.

What is a Novated Lease?

Also referred to as salary sacrifice or salary packaging, Novated Leasing is an agreement which allows you to pay for a vehicle, including its running costs, using your pre-tax salary. In a simple and affordable monthly payment, this can provide significant savings on the overall tax and running costs of your car.

> Watch our short video to learn more.

How does a novated lease work in Hobart, Tasmania?

A novated vehicle lease is a three-way lease agreement between a Tasmanian employee, an employer, and a financier. This Australian Taxation Office-approved agreement allows Hobart and Tasmanian employees, such as yourself, to finance your new or used car (as well as all the running costs that go with it), using your pre-tax income.

A novated car lease term with Fleet Network can be anywhere between 1 and 5 years. But the real benefits of a novated car lease in Hobart with Fleet Network is that you can choose the length of the term to suit your personal needs, plus each monthly payment goes towards reducing the balance of your novated lease. The deductions which automatically come from your pre-tax salary mean you won’t need to stress about putting money aside for a car loan or remembering to make car payments! Once the term has ended, there is a set residual to pay.

In comparison to financing the vehicle on your own, you’ll receive significant tax benefits with a novated lease and salary packaging. This means it’s time to say goodbye to paying cash or regular car loans with high interest rates and say hello to a novated lease – the most cost-effective and the easiest way to purchase your new or used car.

How Novated Leasing Can Help You Save Thousands

The table shows the high amount of savings which can be achieved when novated leasing in Hobart, TAS. Below, we’ve compared a third-party car loan with paying cash, borrowing against your home loan or with choosing a Fleet Network novated vehicle lease. A novated lease comes out on top as the most cost-effective and simplest way of buying your next car.

Car Loan

Mortgage

Cash

Novated Lease

Mazda CX-5 GT
purchase price
$48,485$48,485$48,485
$45,231Fleet Network discounted purchase price
Cost of finance over 5 years$61,800$53,940N/AIncluded
Running costs$29,727$29,727$29,727Included
Novated lease cost including running costs and tax savings$0$0$0$73,415
Total cost over 5 years$91,527$83,667$78,212
$73,415(inc. residual)Just $239/week running costs included

Why Choose Fleet Network for Your Novated Vehicle Lease in Hobart?

As one of the leading novated vehicle leasing companies in Hobart, Tasmania, Fleet Network have been providing local employees with a huge amount of savings through novated leasing for more than 20 years. Surprisingly, it’s not our incredible company history that’s the reason behind our 5-star reviews and testimonials – it’s our customised approach to service.

Our team don’t rely on call centres – when you call, you’ll speak directly with our novated leasing staff, every time. Our novated lease sales team are even happy to take calls outside of hours to ensure we deliver on our brand promises and help clients as much as possible.

  • We deliver personalised communication throughout every step of the process and beyond
  • We always respond to client enquiries within four business hours

Talk with the Novated Leasing Experts in Hobart Today

To learn more or find out how much you can save on your next new or used vehicle with a novated lease, call us on 1300 738 601.

Ready for the car of your dreams?

More questions? Check out our Novated Leasing FAQs or give us a call.

Fleet Network consist of a team of real, friendly people and we’re here to help.

We are dedicated to getting you the best result on your novated car lease.