A novated lease is an ATO-approved vehicle finance option with a major income tax saving benefit.
All your monthly repayments and running costs are taken care of with one payment out of your pre-tax salary.
You get to choose the car you want, and come pay day, your employer pays your salary, minus the monthly costs of the vehicle, helping you save big on taxes. Anybody who receives a salary as a full-time or part-time employee and pays tax as you go (PAYG) can get a novated lease.
Everything is prepaid, so you can go out and live life with freedom.