Massive Government Tax Incentives

Limited

Time

Only!

Right now, you could drive away in a TESLA and pay the same price after tax rebates as you would for a Toyota Corolla.
AND IT'S ATO APPROVED!

Buying a new ev
buying a used ev
refinance existing ev
if you bought an ev after july 1 2022... refinance & save

Going Green With EVs Has Never Been More Affordable

Want to go green and do your part to protect the environment?

If you’ve held off looking at Electric Vehicles (EVs) because of their cost, you’ll be pleasantly surprised when you see the Australian Government’s tax incentives. Now, you can get your dream EV faster and cheaper than ever before. 

On 1 December 2022  (back-dated to 1 July 2022), the Australian government increased the Luxury Car Tax Threshold and introduced an Electric Vehicle Discount. For many Australians, this makes driving an EV finally possible. This also means if you bought an EV after 1 July 2022 then you can also refinance your existing EV and get the benefits.

These amazing incentives are only available until 30 June 2025, so there has never been a better time to make the switch to electric.

Better access to Electric Vehicles is just the start!

10 Reasons To Get Into An Electric Vehicle NOW!

Take a look at the Top 10 reasons to go green with novated car leasing

Benefits of using a Novated Lease for your Electric Vehicle

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Save on GST – Save up to $5,885.00 on the purchase price of your new EV through novated leasing. Real cash back in your bank account!
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Save on Tax – You won’t pay the  Fringe Benefits Tax (FBT) if you keep your EV purchase under approx $84,900, and there’s no GST to pay to keep it running such as on tyres, brake pads, windscreen wipers, and more.
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Reduced Out-of-Pocket Expenses – By paying for your car and car-related expenses out of your pre-tax income, you pay less by paying less tax with every transaction.
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Easy Budgeting – All your car expenses are paid into your salary packaging account before you get paid, so you can just ‘set and forget’.
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Flexible Leasing – If you need to change to your budgeted expenses at any time, contact your salary packaging manager, who will work with you to keep your expenses on track.
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Go Green – Almost 100,000 EV drivers have made the swap to a greener transport option, and now you can join them!
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New, Used and Current Cars – Novated leases are available on new, used, and current vehicles. You don’t have to buy a brand new car to enjoy the financial savings.
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No Pushy Salespeople – Our network of fleet managers offer access to executive fleet pricing and will take the entire transaction process off your hands. You’ll never have to worry about getting a good deal at a car yard again!
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Lower Maintenance Costs – Because EVs have fewer mechanical parts, maintenance, and repairs are minimal.
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Hassle-free Driving – With a dedicated novated leasing manager working with you at every step of the way, all you have to worry about is how you’ll spend your savings!
Calculate your savings here

What others say about NCLO

Fiona E.

Supermarkets West
"As an individual, I was interested in exploring novated leasing as an option for my next car. I reached out to NCLO, via their simple to follow website calculator. I was contacted by a very helpful and informative consultant who was able to answer all my questions, they then provided me with a comprehensive quote and took the time to explain the finer details. The entire process was straightforward, and I felt completely informed of all the information and contractual obligations involved. Thanks to NCLO, I now have the car of my choice without breaking the bank"

Julie

Baulkham Hills

"Working as a marketing consultant and like most, the budget and time I have available for seeking a new car is limited. My friend Mark suggested I check out a car lease as an option for a new car. He said they do all the foot work and you just sit back. Sounded too good to be true, so I found a simple to follow lease calculator on the NCLO website, received my pre-quote via email and was contacted almost immediately, by a very helpful and informative consultant. He answered all my questions, provided me with a comprehensive quote that saved me much more than any other car offers I had received, and unexpectedly took the time to explain the fine print details. Mark was right, once I submitted a quote request I just sat back. They handled the entire process, it was so fast and straightforward. I felt completely informed of my contractual obligations. Thanks to NCLO, I now have the car of my choice and well within my budget."

Sally

Bankstown

"As an individual, I was interested in exploring novated leasing as an option for my next car. I reached out to NCLO, via their simple to follow website calculator. I was contacted by a very helpful and informative consultant who was able to answer all my questions, they then provided me with a comprehensive quote and took the time to explain the finer details. The entire process was straightforward, and I felt completely informed of all the information and contractual obligations involved. Thanks to NCLO, I now have the car of my choice without breaking the bank"

Dave A.

Remote Miner

"I am the CFO for an offshore listed mining company operating in remote WA with approx. 600 permanent employees and 250 contractors. We have been using NCLO for over 4 years for all our staff’s Novated Leasing dealings. We have found their service delivery to our company and our staff to be timely and professional at all times. The standout feature with NCLO is the exceptional effort they go to explain all the inner workings of this ATO approved salary packaging product. It’s a refreshing change to have such open disclosure given the general nature of the Novated Leasing industry at large. In a few words, our company is always seeking ways to improve our green credentials by looking at our environmental impact and options to help our employees offset their carbon footprint. It was identified that helping our staff upgrade to an Electric Vehicle utilising the Australian Government ATO rebate for EV's in conjunction with the huge benefits of a salary packaged Novated Vehicle Lease was an ideal fit. Outcome. Happy Company, Happy Staff, Happy Environment. NCLO comes highly recommended"

Mark S.

Director of Two Moons Consulting

"Jeff and the NCLO team were recommended to me for a novated lease.

I found the process was delivered in a very professional, supportive and seamless manner. Now I am the happy owner of a new shiny vehicle.

I would not hesitate to recommend Jeff and NCLO team."

    What is a Novated Car Lease?

    A novated car lease is a salary-sacrificing agreement between an employee, the car leasing provider, and the employer. 

    The vehicle is the employee’s for private use, but repayments are made through the employer’s payroll system where it is deducted 100% pre-tax for an EV, or using a combination of pre- and post-tax income for traditional petrol, diesel, or hybrid vehicles. 

    If you’re an employee with a novated car lease, this effectively reduces your taxable income, saving you thousands in tax dollars over the term of your lease.

    Already have a vehicle you and your family love? No problem! click here

    You can swap your existing car loan for a novated lease and enjoy the savings. These leases are fully portable, not locking you down with a current employer, so you can continue to save on your motoring even if your career circumstances change. Note, a minor consideration here is that you cannot hold a novated lease on a second-hand vehicle older than 6 years.
    Calculate your savings here

    Save Thousands!

    By making payments before tax, you can potentially save thousands of dollars each year by reducing the taxable threshold of your salary. This leaves you with more money in the bank for you and your family to enjoy.

    If you choose to use a novated car lease when purchasing a new or used vehicle rather than taking out a personal loan, you won’t pay GST – that’s a tax saving of 10% off the purchase price, up to a maximum of $5,585.00. Plus, you’ll continue to save on GST for all your running costs, such as fuel, tyres, servicing, and insurance.

    This system is 100% approved by the Australian Tax Office. It allows for all ongoing car expenses (fuel, registration, servicing and maintenance, insurance, tyres, and even car washes!) to be paid for out of your pre-tax salary.

    Better Budgeting with Novated Leasing

    Fully maintained novated car leases are a great way to simplify your monthly budget while saving money. 

    Because your car expenses are bundled and paid for before your salary hits your bank, you won’t be left scrambling to factor in additional vehicle running costs amongst your other bills.

    What do your monthly motoring payments cover?

    Novated Lease

    Vehicle cost (100% Finance)
    Servicing
    Tyres
    Insurance
    Registration
    Fuel
    Detailing

    Personal Loan

    Vehicle cost (Finance incl. Deposit)

    Save Money in Four Simple Steps

    Select Your Vehicle
    Calculate Your Savings
    Set Up Your Lease
    Enjoy Your Savings & New Car

    Planning a holiday and expect your driving time to increase?

    No problem – these rates can be adjusted whenever your circumstances change, so you can still enjoy the simplicity of having no out-of-pocket motoring expenses.

    Worried about unexpected costs, such as a breakdown?

    No need! Arrange payment as you usually would, then contact your novated leasing consultant. They will work with you to comfortably add more pre-tax money into your account over a set period, so you can reimburse your initial outlay at a later stage. Ultimately, you’ll have paid the breakdown bill with your pre-tax money and saved!
    CALCULATE YOUR TAKE HOME PAY WITH NOVATED LEASING
    When preparing your lease with NCLO, we’ll estimate your monthly kilometres and general usage to determine how much should be set aside to cover ongoing expenses such as fuel, maintenance, and tyres.