Getting The Right Novated Lease Is Paramount To Saving The Most Money! 

Available to all PAYG employees

get your pre-tax money working for you!

PAYG employees using their new vehicle for PRIVATE or BUSINESS can get a Novated Lease and START SAVING THOUSANDS TODAY!


Knowing The Pitfalls Will Save You Thousands of Dollars!

We all know that buying a car can be daunting and overwhelming, especially when it comes to novated leases. They can either work for you and save you thousands of dollars or they can work against you if you don’t structure them correctly!

When you take up a Novated lease all the finance repayments and running costs – including fuel, registration, insurance and servicing are bundled up into one regular, easy-to-manage payment BUT 

When it comes to packaging a novated Lease, it is nearly impossible for you to calculate the ‘TRUE COSTS’ of the package when everything is bundled together and all you see is the tax savings at the bottom of the quote.

With over 35 years of industry experience we take the RISK and OVERWHELM out of the equation to make sure you save the most money and get the best deal available!

I use my car just for Business – How much Tax Can I save?

Find out how you can use your Novated Lease Tax Savings to pay off your mortgage faster

I use my car just for personal use – can I still get a Tax Saving?

Find out how you can use your Novated Lease Tax Savings to pay off your mortgage faster

Most frequently asked questions

Ask your new employer if they allow Salary Packaging, and if so, contact NSP and we’ll arrange payroll deductions with your new employer. 

The novated lease agreement will end with your current employer. But the finance lease between you and your finance company can remain intact. You just keep making the lease payments. But of course this means you can’t package any of the repayments or gain any tax benefits. If you wish to finalise your lease contract early, you have to contact the finance company to talk about finalising any amount owing on the vehicle

You can pay out your lease early but you need to check and get a payout figure to see if the remaining balance is in line with the market value of your car. We would recommend getting to the 75% point of your lease before breaking it early.

When your lease comes to its end, you can purchase the vehicle, and you’ll need to pay out any residual value, arrears or overdue interest. Or, if you wish to purchase the car, you can refinance it for a new term. Another option is to replace the car with another, and take out a new agreement

This is the amount left owing on the vehicle at the end of the lease term. This is a fixed amount that is set by the ATO at the start of the lease. Residuals help to keep monthly repayments down.

Yes, as long as the car is no older than 8 years of age at the end of the lease.