What is a Novated Lease?

It’s simple, it’s smart and it saves you money. Here’s how it works.

Forget about comparing costs, finding finance and negotiating deals, a novated lease is the tax friendly, hassle-free way to purchase your next vehicle.

Full Novation
So Many Benefits

How it Works

Full Novation
So Many Benefits

How it Works

Whether it’s new or used, for work or pleasure, a novated lease allows you to pay for your vehicle and its upkeep using pre-tax dollars. Unlike when you purchase direct from a dealership, with a novated lease you pay less (or even no) GST on the purchase price, repayments, fuel, insurance or servicing.

Best of all, one regular payment from your salary covers everything, making it easy to stick to your budget. Your insurance and roadside assistance can also be included, and thanks to a choice of lease terms, flexibility is an integral part of the package.

Benefits of a novated lease

More choice, greater flexibility and more money in your pocket

Your Car, Your Choice

Whether you want a new, used or second car, we’ll find the model that suits your needs and your budget.

No GST, No Worries

Stay a step ahead of the tax man and save GST payable on vehicle purchase price, repayments and running costs.

Great Flexibility

Keep things flexible with a choice of lease terms, no minimum kilometre targets and sell, upgrade or own at a lease end.

Two Cars? Too Easy!

Need a second car to keep life running smoothly? Novating a second vehicle is quick, easy and delivers double the benefits.

Expert Advice, Whenever You Need It

From accessories, to insurance and roadside assistance, we’ve got everything you need to stay safe and comfortable on the road.

Discounts and Covenience

Access discounts on servicing, tyres and batteries, and get an easy to use fuel card for the life of the lease.

Transferring your lease

If you already have a novated lease and you’re not happy with your current provider, switching to beCarWise couldn’t be easier!


A novated lease agreement is fully transferrable. So if you are looking to swap providers, consider transferring your lease to beCarWise – we pride ourselves in providing personalised customer service.

Our transfer process couldn’t be simpler, all you need to do is request a transfer with your current employer and, from there, we’ll work with you to make sure all the required information is correct. Once that’s done, the transfer process is entirely in our hands! We’ll work with your employer and financier to set everything up on your behalf. You’ll be ready to go and reaping in our many benefits in no time!

Got questions about novated leasing?

Check out our frequently asked questions!

With average savings of $5,188* per year, it’s the smart, simple way to get your next set of wheels on the road.

*$5,188 was the average customer savings over 2022 and is subject to change. 

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