Novated Car Leasing Melbourne

Melbournians, listen up. If you want a new set of wheels, novated leasing is the way to go. With a wide choice of vehicles and lease arrangements, Clear Lease has everything you need to jump into the drivers seat. Read on to find out more about novated car leasing in Melbourne. You’ll learn about how it works and the amazing benefits the scheme offers.

How does Novated Car Leasing work?

Put simply, novated leasing is the process of leasing a car using your pre-tax salary. Each pay cycle, your employer will automatically deduct a fixed repayment from your salary, which covers the cost of the car and any operational, maintenance and insurance accounts included in your contract.

Since everything is managed by your employer and Clear Lease, there’s absolutely no chance of missing any payments and copping fees. Additionally, since the payments are taken from your pre-tax salary, your taxable income is lower, saving you a bucket load in income tax! This is one of the biggest benefits of novated leasing.

The savings stretch even further though. When you take out a novated lease on a vehicle, you won’t pay GST – immediately saving you thousands of dollars. Plus, you can benefit from discounted fuel and maintenance rates with our service partners across Melbourne.

When your lease expires, you’ll have a few different options. Firstly, you can choose to pay off the residual amount and buy the vehicle. Alternatively, you can investigate an upgrade, refinance or re-establish your lease on the same terms. We’re happy to walk you through the details and find the best option to suit your needs.

You can drive your dream car without owning it

For many individuals, upgrading their vehicle can be painful. You’ve got loads of costs to think about and working out the finance can be stressful and confusing. Clear Lease makes the whole process streamlined so you can focus on more important things.

If you’d like to own the vehicle at the end of the novated term, you have a number of options available. You can pay out the ATO residual in a lump sum to own the car outright, we can refinance the residual into a standard car loan / chattel mortgage instead of a novated lease. Alternatively, you can trade the car in for a newer model and establish a new car loan or novated lease.

Also, it’s good to know, you can still take the car with you if you leave your current employer. Our team will help transfer the novated lease to your new employer.

Novated lease costs

Finance Payment

The regular finance payments vary depending on the age and price of the vehicle, the length of the lease term and the balloon size (outlined by the ATO), as well as the estimated kilometres you expect to drive. We’ll also take maintenance, tyres and insurance costs into account, if you choose to include these as part of your lease package.

At Clear Lease, we make all the costs crystal clear to our customers – you’ll always know what you’re paying for and you’ll never get hit with any unexpected expenses.

Servicing & Roadside Assistance

Even exceptional drivers have accidents. Roadside assistance means that professional help is just a phone call away, and you can benefit from:

  • 24/7 on-demand roadside assistance
  • Getting back on the road quickly, no matter the accident
  • Peace of mind knowing that help is on the way

Fees and Charges

We include all of our leasing costs within your allocated payment cycle – including registration, insurance, servicing and maintenance. Clear Lease charge a nominal fee for the management of your vehicle, the cost varies depending on your employer. Of course, this is all disclosed as a part of your quote and contract.

The maintenance fee charged is easily made back with the fuel, insurance and servicing savings you’ll appreciate over the duration of your contract. Our team also take care of any administrative tasks relating to your vehicle – so you can focus on more important things.

Running Costs

Our novated lease packages feature options to include the majority of your running costs:

  • Car registration
  • Insurance premiums
  • Fuel costs
  • Servicing & maintenance
  • Tyres
  • Regular car washing


A novated lease is a car lease that is paid for using your pre-tax salary. All the operating costs for the car are packaged into one weekly/fortnightly/monthly payment depending on your payroll cycle. It can include repairs and maintenance costs, fuel, registration, insurance and tyres.

This makes novated leasing a great option for buying a new car, especially if you want everything to be kept simple and streamlined. The fact that you’ll save loads of money on tax, the additional savings on running costs is just another bonus!

A novated lease is one of the most cost-effective ways to get behind the wheel of a new car. Novated Car leases also offer a number of additional perks as opposed to purchasing a car through a standard car loan (Chattel Mortgage). For example, standard car loans require a deposit and all payments are made from your post-tax income. You also have to pay GST on the purchase price of the vehicle. With a novated lease, everything is taken care in one pre-tax payment, with no deposit or GST required. Plus, it includes all of your annual operational and maintenance expenses. What’s not to love?

Yes, employees who opt for novated leasing can make great savings on their taxable income. When you use opt for a novated lease, your re-payments are made from your pre-tax salary. Since your taxable income is lower, this reduces the amount of income tax that you will pay! A novated lease is a great tax-effective way of saving money and getting more out of your salary.

Employers can also get some pretty sweet benefits by offering novated leasing to their employees. Here are a few of them:

  • You won’t have to cover insurance, maintenance, and servicing costs on behalf of your employees
  • The risks and administrative hassles associated with fleet ownership are removed
  • If an employee leaves you won’t be left with the car
  • Staff are likely to stay at your business for a longer period if they are receiving these great benefits in return
  • You can negotiate with your staff to brand the vehicle with your logos and business