Novated leasing · Australia
The novated lease, rebuilt as a platform.
Novate.it packages your next car — finance, fuel or charging, servicing, tyres, insurance and registration — into one salary deduction, with the tax treatment worked out for you. Quote in minutes, sign online, and manage the whole lease from one place.
- quote turnaround
- 1 day
- price lock on every quote
- 30 days
- pre-tax on eligible EVs
- 100%
- up-front cost to you
- $0
The customer portal — active lease view.
Who it's for
One platform. Three sides of the same lease.
A novated lease only works when the employee, the employer and the funder are all looked after. Most providers build for one of them. We built for all three.
Employees
Drive a better car for less of your take-home pay.
Choose any eligible car, see the real per-pay cost against your own salary, and let the platform handle the tax, the paperwork and the running costs.
See how it worksEmployers
A benefit your people will use — with no admin load.
Set your policy once. Approvals, payroll files, FBT declarations and reporting are handled by the platform, not your HR team.
For employersFinance partners
Clean originations, complete settlement packs, live data.
Rate cards and residual tables applied exactly as you set them, executed documents delivered in one pack, and a portfolio you can actually see.
For fundersHow a novated lease works
Three parties, one agreement, one deduction.
A novated lease is an arrangement between you, your employer and Novate.it. Your employer agrees to make the lease payments from your salary; Novate.it manages the car, the funder and the suppliers.
- 01
Choose the car
New, demo or used — any make, from any dealer, subject to your employer's policy. Or novate the car you already own. - 02
We package everything into one figure
Finance, fuel or charging, servicing, tyres, registration, insurance and roadside — budgeted for your kilometres and term, GST-free. - 03
Your employer deducts it from salary
Mostly before tax. Eligible electric vehicles are 100% pre-tax; other cars use a small post-tax portion to cancel FBT. - 04
Drive, claim and track online
Lodge receipts from your phone, watch budgets in real time, download documents, and get 90 days' notice of your end-of-lease options.
Electric vehicles: the entire lease from pre-tax salary.
Since 1 April 2025, battery-electric cars under the fuel-efficient luxury car tax threshold ($91,387 in 2025–26) are exempt from fringe benefits tax. No post-tax portion, no ECM — every dollar of the package comes out before income tax is calculated.
- Battery-electric only — plug-in hybrids are no longer eligible for new leases
- Home charging is claimable as a running cost at a per-kWh rate
- Eligibility is stored on every quote version, for your employer's FBT records
Worked example · same salary, same term
Kia EV5 Air
$58,990 drive-away · 36 months · 15,000 km/yr
- Package per fortnight
- $683
- Pre-tax / post-tax
- $683 / $0
- Income tax saved per year
- $5,685
- Est. saving vs buying privately
- $7,413/yr
Toyota RAV4 Hybrid
$52,500 drive-away · 36 months · 15,000 km/yr
- Package per fortnight
- $672
- Pre-tax / post-tax
- $268 / $404
- Income tax saved per year
- $2,229
- Est. saving vs buying privately
- $3,936/yr
Employee on $95,000 in NSW, 2025–26 tax rates, 7.49% p.a. Illustrative only — run your own numbers in the calculator.
The platform
Built from the ground up, not bolted onto a fleet system.
Most novated leasing runs on spreadsheets, email and a legacy fleet back office. Novate.it is one system — the same quote, the same documents and the same numbers whether you're the driver, the consultant or the payroll team.
Customer portal
A quote you can build yourself, in four steps.
Pick the car, drag the term and kilometre sliders, enter your salary and state, and watch the per-pay cost and estimated saving update as you go. Submit when you're happy — a consultant confirms pricing within a business day.
- Wishlist and side-by-side comparison of up to three cars
- EV eligibility badge on every vehicle
- Saved drafts — pick up on any device
Consultant workspace
Every quote, priced against the right funder and policy.
Consultants see a live queue with SLAs, apply funder rate cards and residual tables automatically, and send Disclosure Packs generated from the same numbers the customer saw — no re-keying.
Employer administration
Policy as configuration, not as a PDF nobody reads.
Approved funders, price caps, body types, mandatory services, budget limits and payroll frequency are enforced on every quote automatically. Every change is versioned and audited.
What's in the package
Everything a car costs, in one number.
All running costs are budgeted for your kilometres and paid from the package — GST-free, because your employer claims the GST back.
Finance
Repayments on the vehicle at your funder's rate, with the residual set to ATO minimums.
Fuel or charging
A fuel card or claimable EV home-charging at a per-kWh rate.
Servicing & repairs
Scheduled servicing auto-approved within budget; repairs pre-approved by a consultant.
Tyres
Two-step pre-approval: quote first, receipt after fitting.
Registration & CTP
Renewed each year from the package; nothing to remember.
Insurance
Comprehensive cover invoiced directly to the package.
Roadside assistance
Included up to an annual cap.
Management
A flat monthly fee for claims, documents and support — disclosed on every quote.
Reporting
Annual statement, FBT declaration and payroll history, downloadable any time.
For employers
A benefit worth thousands a year to your people — at no cost, with no admin.
Employees get a saving they feel every payday. You get a retention tool that costs nothing to run, because policy, approvals, payroll files and FBT declarations live in the platform — your team never touches a spreadsheet.
For finance partners
Originations you don't have to re-check.
Your rate cards and residual tables are applied exactly as published. Every settlement pack contains the executed lease, the deed of novation, the disclosure pack and the schedule — generated from the same quote version the customer signed.
From quote to keys
What happens after you press submit.
Every quote moves through the same five stages, and you can see exactly where yours is at any time.
- 1
Draft
You
Build the quote in the portal — save and come back any time.
- 2
Submitted
Consultant
A consultant reviews and prices it within one business day.
- 3
Confirmed
Novate.it
Pricing locked for 30 days. Disclosure Pack issued.
- 4
Signature
You + employer
E-sign the lease and novation agreement — no printing.
- 5
Active
Everyone
Deductions begin. Claims, documents and support in one place.
Common questions
The short answers.
Do I need my employer to offer novated leasing first?
Yes — your employer needs to agree to the novation. If they don't have a programme yet, we can set one up quickly; there's no cost to the employer and no ongoing administration. Send them our employer page or ask us to contact them.
Can I novate a used car or the car I already own?
Usually, yes. Used and demonstrator vehicles are fine subject to age and kilometre limits at the end of the term, and a car you already own can be sold to the funder and leased back. Your employer's policy may restrict body types or set a maximum price.
What happens if I change jobs?
The novation with your old employer ends, and the lease reverts to you. You can novate it again with your new employer (most do), keep paying it yourself, or pay it out. Nothing is lost — the platform generates the new novation documents.
What happens at the end of the lease?
You'll get options 90 days before the end: renew on a new car, extend the lease on the same car, pay the residual and own it outright, or return it. The residual is fixed at the start, so there are no surprises.
Ready to see your numbers?
Run a quote against your own salary in a couple of minutes, or talk to a consultant about what your employer's policy allows.