NOVATED LEASE
A smart and simple way to finance your Geely. With payments made directly from your salary, you can bundle running costs like servicing, insurance and charging into one regular deduction.
What is a Novated Lease?
A novated lease is a salary-packaging arrangement that lets you finance and run your car through regular payroll deductions. Depending on your employer and novated provider, deductions may be made from your pre-tax or post-tax salary, which can make driving more cost-effective than a traditional car loan.
Your lease can cover everyday car expenses such as:
- Registration and insurance
- Routine servicing and maintenance
- Tyres and roadside assistance
- Charging or fuel costs
Electric Vehicles tax settings
Eligible electric vehicles may qualify for a fringe benefits tax (FBT) exemption under ATO rules, which can make novated leasing more cost-effective.
How does it work?
- Choose your Geely – Select the model that suits your needs.
- Check with your employer – Ask your HR team if novated leasing is available through your workplace.
- Use your employer’s novated provider – If your company partners with a Fleet Management Organisation (FMO), they will guide you through the process.
- Or find your own provider – If your employer doesn’t have an FMO partner, you may choose from a wide range of novated lease companies.
- Salary packaging begins – Your lease payments and running costs are deducted from each pay (pre-tax and/or post-tax depending on eligibility and employer policy).
The information on this page is general in nature and does not take your personal objectives, financial situation or needs into account. It is not legal, tax or financial advice. Eligibility for any tax concessions (including the EV FBT exemption) depends on ATO rules and your employer’s arrangements. Please refer to the ATO and your employer/novated lease provider for eligibility and personalised advice.