When your lease payments and vehicle running costs are deducted from your gross salary, you pay less tax!

Why choose novated leasing? 

Novated leasing is one of the most cost effective ways to buy and own a new or used 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 use your pre-tax salary to pay for your vehicle expenses. This in turn reduces your taxable income and ultimately means that you pay less tax every year and retain more cash in hand on payday. 

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.

Pay less for the car you want
  • Achieve substantial tax savings and discounts on both your car and related running expenses.
  • Combine finance and running costs into one easy payment on payday
  • Lease a new or used car and even lease one for your partner.
  • Choose the monthly repayments and term that suits your budget, from one to five years.
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.

Why Express Fund
  • We source the car you want from a network of dealers or you can source it yourself.
  • 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.
Contact us



Sally's Scenario

Sally is on an annual income of $85,000 and wants to buy a new car that is valued at $38,000 inclusive of GST.  Sally’s car will be used for 100% private use. She estimates travelling 15,000 km each year. Sally can either finance the car personally or  via a novated lease. As a start, Sally will instantly save $3293 on the GST for the car's purchase - lowering the finance amount. She may also even save further if she takes advantage of the fleet discounts available through Express Fund (up to $3000).  Let's take a closer look at Sally's savings:-

Tax Savings - Novated Leasing

Cost of car $38,000
fleet discount $3,000 (approx)
GST $3293
Lower finance amount = $31,707

Sally's Benefit Upfront Annual Over 48 Months
Income Tax Benefit   $1,313 $5,252
GST Benefit $3,126.36 $403.68 $4,740.72
Novated Benefit    $1,530.91 $6,123.64
TOTAL BENEFIT   $3,247.59 $16,116.36



Tax benefits 

One of the most compelling benefits of a novated lease is that you can decrease the amount of income tax you pay portioning your monthly payments and car running costs from your pre-tax salary. This enables you to use your pre-tax salary to pay for your vehicle expenses. You can also save on the GST off the purchase price of the car.


A fully maintained novated lease covers all your car's maintenance and running costs, via a simple monthly payment. Our specialist fleet services team are available  24/7 to assist with any questions and we provide online access to a portal that lets you check your balances, change your details and make claims.


No paperwork

A simple online application process that takes just 10 minutes to complete. We take care of all the paperwork both in the lead up to settlement and then moving forward as the lease progresses. This includes communicating with your employer, registration and insurance. We will also touch base with you towards the end of your lease to discuss you options.

Considering Novated Leasing for your staff?

Contact us