Northern Territory's leading Novated Lease specialists
Start saving with a Car Lease today
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Get discounts on the car purchase price
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Save up to $10,000 vs a traditional 5 year car loan
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Easily convert your existing car loan to a novated lease
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Flexible Visa card for fuel purchases
Get a Novated Lease Quote
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Why would I consider a Novated Lease?
A Novated Lease is a tax effective form of financing your next vehicle. It allows you to pay for the vehicle and its running costs predominantly from your PRE-TAX income reducing your taxable income and saving you thousands!
Take advantage of AANT Salary Packaging’s national fleet buying power and save on your next vehicle purchase today!
How do I save money?
Pay less tax
Your employer will take a generous proportion of your lease payment from your PRE-TAX salary, reducing your taxable income and the amount of tax you pay each pay day.
GST Savings
You don’t pay GST on the purchase price of the vehicle and you save GST on your ongoing running expenses.
This will save you thousands!
Fixed payments
The lease payments are fixed and budgeted for the duration of the lease. This allows the employee to avoid large annual vehicle costs.
Flexible vehicle choice
You can lease any vehicle (new, used or existing) up to 12 years of age. Experience Savings through our buying power!
End of lease profit
At the end of your Novated Lease you will typically sell the vehicle for more than your residual payment.
This profit is not subject to income tax.
Flexible Visa Card
AANT Salary Packaging's Expense Visa card provides market leading flexibility and convenience to manage your salary packaged expenses.
Novated Lease Vehicle Deals
Our Novated Lease Packages include the following;
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Repayments
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Tyres
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Fuel
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Servicing
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Registration
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Insurance
Can’t see your vehicle?
Already know what car you want to buy?
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FAQ
What happens if I change employers or stop working?
Your agreement is fully portable between employers. What was once only available to the public service sector, is now available to every working Australian. If you decide to stop working, you can continue the agreement directly with the financier or potentially transfer to a family member or associate.
What happens if I don't spend all of my deductions?
Any unspent provisions can be withdrawn via your payroll at any time throughout the term. Surplus at the end can be rolled into your new vehicle, if you wish to upgrade.
Do I own the car and who can drive it?
You are the registered and insured owner of the vehicle therefore the decision of who drives it is entirely yours!
Can I lease more than one vehicle?
Yes you may lease more than one vehicle for you and your family members.
Will FBT (Fringe Benefits Tax) apply?
Fringe Benefits Tax does not apply to a novated lease.
Do I require a large income to benefit?
No, as long as you pay tax, you will benefit.
Do you have to drive the vehicle for work?
No the vehicle can be driven entirely for personal travel.
What happens at the end of the term?
- Upgrade your vehicle - You can upgrade your vehicle by trading in or selling your existing vehicle, keeping any profits tax free
- Extend your current package for another term - You can re-lease your existing residual which allows you to continue to receive your income tax and GST savings on the same vehicle
- Payout the remaining residual
- Own the vehicle outright with Residual - You can purchase the vehicle outright by paying the residual amount owing on the finance.
Proud NT Locals, supporting local community organisations
All novated examples are based on 60 months term traveling 15,000kms per annum based upon a $72,000 annual income. Images are for display and illustration purposes only. Vehicle supply is subject to availability and pricing may change subject to manufacture discretion and could affect the estimated figures list above. Novated leasing or Vehicle Packaging works for the employee by substituting a taxable benefit compared to their current personal scenario. The above figures represent the estimated net impact on your income taking into account the assumed tax and GST savings. All applications are subject to normal credit criteria and assessment along with loan suitability. Terms, conditions, fees and charges may apply. It is best to seek financial advice from an independent specialist in regards to your own personal circumstances before solely relying on these figures. AANT Salary Packaging ABN 72 152 872 636.
Northern Territory's Leading Novated Lease Specialists
See what AANT Salary Packaging can do for you today. Simply hit the button and send us an enquiry to get started.
