What is a novated lease?

(Simply the most cost effective way to own a car)

Imagine being able to pay for fuel, car registration and insurance, new tyres and other maintenance costs from your pre-tax earnings. Well, a novated lease bundles all these costs into one simple (pre-tax) payment and is one of the most cost effective ways to buy and own a car. And you don’t need to be a senior executive to be eligible. 

A novated lease is a three way agreement between you, your employer and Express Fund that enables you to utlilise your income before it is taxed and retain more cash-in-hand on payday.

Pay less for the car you want:
  • We source the car you want from a network of dealers.
  • No trudging from dealer to dealer or stressful negotiations.
  • We coordinate your salary deductions and take care of all the paperwork.
  • We manage the finance and running expenses.
  • We're a one-stop-shop for all your services and insurance.

Express Fund manages the whole process for you from negotiating the best deal from a nationwide network of dealers through to coordinating your salary deductions, servicing and insurance.

Am I eligible for novated leasing?

As long as you are a full time, permanent employee you could be eligible. Even if your employer doesn't currently offer novated leasing, we can assist to set it up.

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How novated leasing works


Find a car you love

We can help with dealer negotiations to ensure you get the best drive-away price. We link you to a reputable providers for your insurance, maintenance and repairs. With 24/7 breakdown assistance. Simply complete the online application to get started.


Get financed and save

Once you've chosen your car, we set up the arrangement with your employer and pay for the finance, then invoice the expenses to your employer. You can save thousands of dollars using pre-tax dollars to fund your purchase and the good news is you don't even need a deposit.


We manage the rest

Once it's set up, your employer pays for your car from your pre-tax salary with monthly payments. You save thousands and we manage the rest. 

5 things to know about novated leasing

You don't need to use your car for business purposes.

You can package a car that you already own or one this is owned by your partner.

There is no minimum or maximum requirement on kilometers driven.

You don't need to earn a high salary or be senior executive to be eligible.

You can take your lease with you if you change jobs.


What's included in your package 

Lease payments

Your employer will deduct your agreed repayments from your pre-tax salary. 


Registration and Insurance

Your car rego is included in your lease payments and we can also arrange your comprehesive insurance if you like as well.

Fuel card

We provide you with a handy fuel card with access to thousands of fuel spots cross Australia. And if your fuel card is lost or damaged, we can replace it ASAP.


Maintenance and Running Costs

All associated running costs and scheduled services are budgeted into your repayments which means there is no additional costs to worry about.



Why choose Express Fund?

Express Fund offers a comprehensive and simple novated leasing solution for employees no matter how small or large the business. We manage the whole process for you from negotiating the best deal from a nationwide network of dealers through to coordinating your salary deductions, servicing and insurance.