novated lease used vehicle

many individuals are unaware that novated leasing is also applicable to second hand cars, or  used cars! there is a widespread but incorrect belief that novated leasing is solely available for the purchase of brand-new cars. novated leasing can also be an excellent choice for acquiring second-hand cars, allowing buyers to reap all its inherent tax benefits while also enjoying the cost savings associated with purchasing a used vehicle. novated leasing simplifies the process for buyers of both new and used cars, making it an attractive and beneficial option for all.


fingo: your choice for used car novated leases

sit back and relax while we take care of all the tedious paperwork for your used car’s novated lease! at our end, we diligently coordinate and manage all necessary documentation, ensuring a hassle-free process for you. Additionally, we will craft an affordable and practical annual budget plan tailored just for you. this personalised budget will not only cover your car’s repayments but also consider the other running costs associated with maintaining your vehicle throughout the year, providing you with financial ease and certainty. 

but that’s not all – we understand that fuel costs can be a significant concern for many drivers. to alleviate this worry, we also arrange a fuel card exclusively for you. this proactive step allows you to smoothly cover your vehicle’s fuel expenses without any stress or additional effort on your part. with this arrangement in place, you’ll be free to revel in the joy and unmatched excitement that comes with owning and driving a new car, without any financial concerns casting a shadow on your experience. 

so, choose fingo for novated lease of a second hand car, and let us handle the nitty-gritty details while you bask in the delight of your new car! 

calculate your novated lease savings

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If unsure, the average is 20,000 KMs.
If unsure, the average is 3 years.
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frequently asked questions

yes, you can novated lease a used car. Novated leasing is available for used cars, providing a cost-effective and efficient way for employees to acquire a vehicle of their choice using combination of pre-tax and post-tax salary, while also enjoying the associated tax benefits and conveniences.

novated leasing for used cars is a financial arrangement between the employee, employer and the financier. where employees can lease a second-hand vehicle through their employer, using a combination of pre-tax and post-tax income, which often results in significant tax savings.

absolutely, you have the option of salary sacrificing a second-hand car. with Fingo’s Novated Leasing, you can utilise the salary sacrifice second hand car arrangement to finance a used car. this approach allows you to pay for your pre-owned vehicle with your pre-tax and post-tax salary, providing you with significant tax advantages and boosting your take-home pay.

opting for a novated lease for used cars with Fingo offers multiple benefits:

  • tax savings: since the part or in some instance all of the lease payments are deducted from your pre-tax salary, you can enjoy tax benefits.
  • budget-friendly: opting for a used car is usually more affordable than a new one, reducing your lease payments.
  • flexible terms: novated leases offer flexible terms, making it a convenient option for many.
  • convenience: all vehicle expenses can be bundled into the lease payment, providing ease of management.

fingo offers a wide range of used cars eligible for novated leasing. However, specific terms and conditions may apply, depending on the age and condition of the vehicle. we recommend contacting our leasing experts for detailed information and guidance on selecting the right used car that suits your needs and meets eligibility criteria.

have more questions about novated leasing a used vehicle?

connect with Fingo’s novated lease experts today to explore more about our novated leasing options for used cars and discover how you can drive away in your dream car while enjoying incredible savings and benefits!

over 20,000 happy customers and counting

save thousands on your novated lease

compare your quote with multiple dealers

we’ll reach out to our network of dealerships to ascertain whether you really did get quoted the best price or not.

fleet discounts
(even for a single vehicle)

we have exclusive access to better discounts with our national purchasing power from purchasing thousands of vehicles every year.

get an obligation-free quote

see if you’re pre-approved for a novated lease now.

how we’re different

thanks to our wealth of industry knowledge we are able to offer savings unrivalled by others.

tailored package

we craft a package specifically to your values and needs, so that you can get the most out of our services.

replacement policy

unhappy with your car or looking to upgrade? we'll accommodate your requests and re-negotiate your plan in order to set you up with your ideal vehicle.

fully transparent

we operate with full transparency to ensure you don’t get stuck with hidden fees or taxes.

same-day approval

we want to get you on the road as soon as possible, so you don't want to be held up by unnecessary waiting periods.

flexible service

we strive to be a helping hand from start to finish. if you're struggling to pay off your loans or need to reshape your package, our team can help.

benefits of a novated lease for employees

  • no gst on the purchase price
  • no deposits or up-front costs
  • save on your vehicle running and maintenance costs
  • save thousands in income tax
  • take your vehicle with you if change jobs
  • just one easy monthly payment for all your vehicle expenses

benefits of a novated lease for employers

  • cheaper and easier to manage than providing company cars
  • provide a more attractive remuneration package to potential and existing customers
  • no residual risk
  • lower payroll tax and workcover premiums. no surplus vehicles if an employee changes jobs
  • we take care of arranging everything so you can focus on important business matters
Fingo Finance