Novated Self Serve

Victoria

Novated lease in Victoria

If you are employed in Victoria and your employer offers salary packaging, a novated lease lets you pay for a car and its running costs from your pre-tax salary. Our calculator applies VIC on-road costs, so the number you see is the number for you.

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Novated leasing for VIC employees

A novated lease is a three-way arrangement between you, your Victoria employer and a financier. Part of the payment comes from your pre-tax salary, which lowers your taxable income, and your running costs are bundled in.

VIC on-road costs, done properly

Stamp duty and registration differ by state, and a national estimate can be hundreds of dollars out. Our calculator applies Victoria figures to your drive-away price, so the amount financed and your weekly cost are right for VIC.

One flat fee, the real rate

Wherever you are in Victoria, our pricing is the same and it is in the open: one flat $1,500 fee and the true effective interest rate shown plainly. No commission hidden in your rate.

Common questions

Can I get a novated lease in VIC?
Yes. Novated leasing is a federal tax arrangement, so it works the same across Australia, including Victoria. You need an employer willing to deduct the lease from your salary. Most large VIC employers already do.
Does the calculator include VIC stamp duty and rego?
Yes. The drive-away price in your quote includes Victoria stamp duty and registration, so the figure is accurate for where you live, not a national average.
Is an electric car a better deal?
Eligible EVs are FBT exempt anywhere in Australia, which usually makes them the strongest novated lease. See the EV novated lease page for the detail.

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