How Novated Leasing works for you

* Figures are based on the following criteria: 1) FleetPartners Novated Lease 2) Gross annual salary of $110,000; 3) QLD on road costs; 4) Travelling 12,000km p.a.; 5) 60-month lease term; 6) calculated using the Employee Contribution Method (ECM); 7) Assumed residual value based on residual percentage outlined by ATO guidelines as at 01/07/24; 8) Payments made monthly in arrears; 9) Budgeted running costs inclusive of vehicle finance, fuel (if applicable), servicing, 4 tyres over the lease term, scheduled maintenance, comprehensive motor vehicle insurance for a driver with no at fault claims in the past 5 years and re-registration over the period of the lease; 10) FBT exemption applied to eligible Electric Vehicles (if applicable) and GST saving up to $6,334 (as per ATO guidelines as at 01/07/24) ; and 11) Manufacturer discounts of $6,441 on the Mitsubishi Outlander ZM Exceed Tourer, $9,130 on the Mitsubishi Triton MV GLX+, $2,970 on the Toyota Hilux GUN227R, $4,938 on the Ford Everest UP Sport 2.0, $3,300 on the Ford Ranger Platinum 3.0, $6,141 on the Hyundai Palisade LX3.V1, $1,536 on the Toyota Landcruiser Prado and $4,842 on the Mercedes-Benz EQA 250+ City Edition. The exact residual amount, as set by the ATO, will be specified in your vehicle quote and is payable at the end of the lease term. Vehicle pricing is indicative and correct at the time of publishing but may be subject to change based on vehicle availability or the options specifications and accessories selected. Vehicles must be ordered before 31/03/26 (unless extended) via the FleetPartners preferred dealer network. Savings estimate based on the tax savings of a Novated Lease calculated using the Employee Contribution Method compared to the financed purchase of the same vehicle over the same term at an equivalent interest rate paid from post-tax earnings. All applications are subject to eligibility and credit approval criteria. Terms and conditions, fees and charges apply.