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Fleet Network help Victorians save on the cost of their next car with our Novated Lease Options in Melbourne

Whether you live in the east, along the bay, out west or north of the city, Fleet Network is one of the renown novated lease companies in Melbourne who helps employees across the state to secure their dream vehicle through a novated car lease, all whilst saving you thousands in the process.

What is a Novated Lease?

A novated lease is a salary packaging agreement which allows you to pay for a new or used car and its running costs using your pre-tax salary. A novated lease can provide substantial savings on tax and the running costs of your vehicle, with just one simple monthly payment.

> Watch our short video to learn more.

How does a novated lease work in Melbourne, Victoria?

A novated car lease is a three-way agreement between a Melbourne employee, their employer, and a financier. This agreement is approved by the ATO and allows employees just like you to be able to finance your new car and all the running costs that go with it, using your pre-tax income.

Most novated car leases can be for a term between 1 to 5 years, depending on the agreement between you, your employer, and the financier. You can choose the length of the term that suits your lifestyle and needs, and each monthly payment goes towards reducing the overall balance of your novated lease. The automatic deductions from your pre-tax salary allow you to not worry about budgeting or remembering to make car payments – which is an added bonus! And, at the end of the lease term, you’ll just need to pay the residual.

With our novated car lease and salary packaging options, you’ll receive substantial tax benefits, when compared to financing the car on your own. So, say goodbye to standard, costly car loans and say hello to your novated lease – the most cost effective and easiest way to purchase your next new car.

How Novated Leasing Can Help You Save On Your Next Car

Below we’ve highlighted the significant savings you will achieve with a novated lease from our Melbourne team. We’ve compared a third-party car loan to borrowing against your home loan or paying cash, with a Fleet Network novated lease. From our example, it’s easy to see that a novated lease significantly comes out on top as the most cost-effective way of buying a 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 Lease in Melbourne?

For the past 20 years, Fleet Network have provided Victorian employees with incredible savings through our novated leasing options. Despite our company history and level of experience, it’s our personalised service that sets us apart and is the main reason for our 5-star reviews and testimonials.

When you rely on Fleet Network, the first thing you’ll notice is there are no call centres here – you’ll speak directly with one of our novated lease experts, every time. We’re even happy to take calls outside of our work hours to ensure we help our clients as much as possible and to deliver on our brand promises.

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

Speak with Our Novated Car Lease Experts in Melbourne Today

To learn more about our novated car lease options, and how much you can save on your next car, call us on 1300 738 601. Our local Melbourne team are happy to answer any questions you may have!

Ready for the car of your dreams?

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

We’re real, friendly people and we’re here to help.

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