Novated Lease
Unlock your electric dreams and save thousands on tax with our all in one EV novated lease packaging.
Novated Leasing Done Right
Getting into a new EV is exciting, and you’ll save on taxes too – it’s a win-win. At Geely Reynella, we’re here to help you find the best vehicle to suit your needs, whether it’s EV, hybrid, or petrol. Plus, we’re one of the only dealerships to offer an all-in-one service that includes novated leasing, providing you with affordable, easy and time-saving deals.
Choosing Us for your Novated Leasing Ensures:
- Competitive Pricing: Enjoy transparent pricing without hidden fees.
- Convenient Bundling: Combine all your car-related expenses into one regular pre-tax payment.
- National Fleet Prices: Access novated lease specials on your vehicle.
- Income Tax Savings: Save on taxes for your car’s finance and running costs.
- GST Savings: Cut down on GST for purchasing and maintaining a new car.
- Clear, Easy Quotes: Get straightforward and easy-to-understand quotes.
- Exceptional Service: Experience fast, attentive and effective customer support.
- Flexible Options: Package a new car, a used car, or even refinance your current car for more savings!
- Simple Lease Management: We handle all your running costs for you.
- Package Multiple Vehicles: Manage more than one vehicle with ease.
What Is a Novated Lease?
A novated lease is a smart way to save money by paying for a new electric vehicle (EV) and its running costs using your pre-tax income. It involves a three-way deal between you, your employer and a leasing company. Novated leasing not only makes owning a vehicle more affordable but also simplifies everything, from purchase to maintenance.Step 1: Pick Your Vehicle
Your vehicle of choice can be any new, demo or used EV under the Luxury Car Tax threshold.Step 2: One Easy Payment
We’ll work with your employer to set up the novated lease — covers the novated lease payment, registration, insurance, servicing and running costs in ONE easy payment from your pre-tax salary.Step 3: Drive and Enjoy!
As payments are deducted from your pre-tax income, this reduces your overall taxable income, meaning more money in your pocket to enjoy!Charging FAQs
Whats included ina Novated Lease?
A novated carlease includes:
- Finance
- Registration
- Vehicle Maintenance
- Insurance
- Tyres
- Charging Costs
- Roadside Assistance
What information do I need to provide?
To arrange a novated leasing quote, we need to know your employer, location, lease length, salary details and your approximate annual kilometres travelled.
How soon can I get my new EV?
Depending on the vehicle you are interested in, our vehicles can be available as early as two days to two weeks from signing your EV novated leasing quote.
How much will a novated lease cost?
The cost of a Novated Lease will depend on the vehicle make and model, lease term, annual kilometres and your salary. You can use our Novated Lease Calculator for an estimate or reach out to us for a personalised quote.
How often are the novated lease payments deducted?
Novated Lease payments are deducted corresponding to your payroll cycle – weekly, fortnightly or monthly.
Whats included in my insurance?
Our Novated Lease insurance includes a comprehensive package based on your individual vehicle and circumstances.
Is a novated lease worth it?
For many employees, the answer is a resounding yes. The tax benefits, convenience, and flexibility of a novated lease make it an attractive option. Additionally, the ability to lease an electric vehicle further enhances the appeal, combining eco-friendly driving with financial advantages.
How much of a novated lease is tax free?
One of the primary advantages of a novated lease is the ability to use pre-tax income, which can reduce the taxable income and result in substantial tax savings.
