FAQ: Which vehicles are eligible for Novated Leasing and salary packaging?
Which vehicles are eligible for Novated Leasing and salary packaging?
Subject to your employer's vehicle policy, all new cars and passenger vehicles are able to be salary packaged through a Novated Lease. Many light commercial vehicles and used vehicles are also able to be salary packaged.
As a general rule, used vehicles should be no more than nine years old, and have no more than 200,000 kilometres on the clock at the end of the lease.
Compared with the range of vehicle types and brands available under most company car arrangements, Novated Leasing offers employees much greater flexibility and choice.
Please note that this information is of a general nature only. You should consult an accountant to obtain information specific to your situation.
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