Novated leasing with NovateMyCar is the most affordable way to drive your next car, including used cars!

How Does It Work?

Enjoy all the same benefits of a novated lease on a used, including:

  • Save on GST on the purchase price of the car (when purchased through a dealership);
  • Experience the same tax savings on your running costs as a new car novated lease;
  • Enjoy paying less income tax!

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What Are The Used Car Requirements?

There are a few things to consider when novating a used car. The used car must be:

  • Under 200,000kms on the odometer at the beginning of the lease;
  • A maximum of 15 years old at the end of the lease.

There are some car models that are an exception to these rules. If you have a car in mind, our novated leasing specialists are here to guide you through your options when novating a used car.

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What Are The Benefits?

A used car is a great way to drive your dream car at an affordable price! There are many benefits associated with leasing a used car including:

GST Savings

Save on GST on the running costs of your used car! You will also save GST on the purchase price of your used car when purchased through a dealership.


Budget Friendly

All car related costs including car payments, registration, fuel, servicing and insurance, are bundled into one regular all-inclusive payment.

Income Tax Savings

A novated lease allows you to pay for your new car and it's running costs with pre-tax income. Reducing your taxable income and therefore the amount of tax you pay.

Drive With Peace Of Mind

When purchasing your used car from a dealership, the dealer will likely offer warranty on the car, allowing you to drive with peace of mind.

Reduced Depreciation

Buying a used car means that the bulk of the depreciation has been absorbed by the previous owner. As the car ages, it depreciates at a slower rate too.

Support

We understand that every customer is different. That's why we tailor our service for you. We're available via call, email, live-chat or face-to-face.