Novated Lease
Drive your money further with a novated lease!
Are you in the market to drive a new car? RemServ can help arrange your vehicle lease!
A novated lease is a three-way agreement between the employer, the financier, and the employee. A car is leased from a financier in the employee's name and novated (transferred) to the employer by way of a Deed of Novation.
The employee can then salary package the car lease and its running costs as a combination of their pre and post-tax salary using the Employee Contribution Method (ECM) during the term of the Deed of Novation.
Why choose a RemServ novated lease?
Our leasing consultants are thoroughly trained and vastly experienced. We do all the hard work for you like arranging finance, comprehensive car insurance and on-road costs. We'll even help you find a car, arrange delivery and tailor a budget that meets your needs.
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Choice - you select the car make or model you want, new, used or even your existing vehicle
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Pricing - obtain competitive deals with our buying power and nationwide dealer networks
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Save tax - you may reduce your taxable income by using pre-tax funds
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No GST - on the purchase price of a new or used car if purchased through a dealership
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Fuel cards - use your BP, Shell or Caltex card at the service station, not cash
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Budget friendly - option to include your car's running costs in your regular payment.
How does it work?
Many employers offer novated leasing as an employee benefit. It's three-way agreement between yourself, a finance company and your employer.
The car is leased in your name and then novated (transferred) to your employer, enabling you to pay for your lease and your car's running costs with your pre-tax salary. You have the option to own the vehicle at the end of the lease term. You can even lease a car for 100 per cent private use.
Can I choose the type of lease I prefer?
Yes. There are several novated lease options available to meet your individual needs:
Fully-maintained lease
An experienced consultant can help you source a car, arrange finance, complete your leasing documents and provide ongoing lease management. This includes monitoring your budget and pre-authorisation of maintenance services.
Self-maintained lease
An experiences consultant can help you source a car, arrange finance and complete your leasing documents; however, you will pay for your car's running costs and we'll reimburse the costs from your account when you lodge a paper claim (provided there are sufficient funds).
Sale and lease back
RemServ will buy your existing car at an agreed price or current market value and lease it back to you (terms and conditions apply). We pay out your existing finance loan (if applicable) and send you any remaining proceeds from the sale. This enables you to free up any equity you have in your car while enjoying the potential savings and convenience of a novated lease.
Increase your net income - here's an example
Kelly Smith earns a salary of $60,000 per annum (excluding her employer's super contributions) and is considering leasing a new car valued at $33,606 over a four year lease term. She estimates she will travel 15,000 kilometres a year and intends on paying for her lease and running costs with a combination of pre-tax and post-tax dollars from her salary. By choosing to salary package her car, Kelly could increase her net income by $205.92 per month or $2,471 a year.
Am I eligible?
Please check your employer's Salary Packaging Information Booklet available from the My Employer section of this website for specific terms and conditions.
How to get started
Call RemServ on 1300 73 14 29 or click the button below for a no-obligation quote.
Click here to see the Novated Lease terms and conditions.




