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.