City of Joondalup
Novated Car Leases for City of Joondalup Employees
Drive your dream car, enjoy exclusive savings and hassle-free car management. Discover the benefits of novated leasing today.
What is Novated Leasing?
A novated lease is a finance option that has potential tax benefits. In a novated lease, you bundle together the finance and budgeted running costs of your car into one simple payment that comes out of your salary each pay period.
Opting for a novated lease allows you to pay for your cars expenses for things like fuel/charging, servicing, car insurance and registration from your pre-tax salary which could save you thousands each year!
How it works
A novated lease is a convenient and cost-effective agreement between you, your employer, and a novated leasing provider, like Easi. You choose a car you love and pay for it directly from your wages through salary sacrificing. This employee benefit is very popular as your employers only involvement is paying across your money for your lease into your easi account.
Browse our range of cars
We have direct access to an extensive range of car manufacturers and offer the best car deals with the best price guarantee. Browse some of our vehicles below.
Simplify your life, streamline your finances
Imagine driving the car of your dreams without the usual headaches like rego renewal popping up just before your birthday? Easi helps you streamline your budgeting and unlock potential tax benefits on all your costs.
Easi helps you find the car of your choice, setup your lease package and enjoy stress free motoring during your lease with our award-winning customer service team on standby.
Embrace the easi and put your savings on cruise control with a novated lease.
Pick a car, any car!
To put it simply, a novated lease is a type of car lease in which you are allowed to make your vehicle payments out of your pre-tax earnings, saving you money. It’s a three-way agreement between you, your employer, and a finance company.
This allows the car to be treated like a company car which provides you with significant income tax and GST savings. To maintain the lease, your payroll team will deduct the regular payment from your salary and then remit this amount to Easi to pay for the car and it’s running cost budgets.
A novated lease typically lasts between 12 to 60 months, after which you can either trade the vehicle in for a new one, refinance and keep it, or buy out the remaining total cost. The most popular lease term is 48 months. It will depend largely on your personal circumstances on how long you’ll want your lease payments to last on your new car.
More and more workers are using salary packaging for novated leasing due to the tax benefits – here is a list of some of the best benefits they provide:
- Save on tax through pre-and-post-tax salary deductions.
- Forget about keeping receipts or logbooks.
- Budget easily with your car expenses and running costs covered in one monthly payment.
- Enjoy the convenience of cashless motoring.
- Choose the new car you want to drive at a great price.
- At the end of the lease, take advantage of any surplus between the market value and the residual value of your vehicle (plus GST – conditions apply).
In a novated lease, repayments are made from pre-tax salary dollars resulting in a significant tax saving over the life of the lease. GST does not apply to the purchase cost or ongoing expenses plus discounted fleet pricing applies to all associated costs, saving you thousands.
An Easi novated lease allows you to buy any vehicle at GST-free prices and Easi’s extensive buying power and financial services enable us to source vehicles at heavily discounted fleet prices. Use these advantages to assess whether this is an affordable option for you and how much you could save on cars.
We have a team of experts on hand to make setting up your novated lease easy. Start by choosing the car you want and making sure your employer is on board (we can help with this). Then decide on a term that suits you – anywhere from 12 to 60 months is a typical arrangement.
We will set up a three-way novated lease arrangement between Easi, you, and your employer. Then you can simply enjoy the benefits while the business you work for takes care of the payments through salary deductions.
Yes, we have budget-friendly electric vehicles, and plug-in hybrid vehicles included in our calculator. Simply enter the vehicle details to calculate the fee estimate. Buying an electric car can be a secure way to save on running costs like fuel so don’t forget to factor these fuel savings into your final decision
Got some unanswered questions? Flick us a message!
Enter your details below and an Easi team member will reach out by your preferred method.