If you're looking for a convenient way to get into a car of your choice, a novated lease could be a great option - no matter if you drive a little or a lot.

How a novated lease works

A novated lease is a three way agreement between you, your employer, the Government of South Australia, and your choice of financier to lease your chosen car, over a period of one to five years.

• a car is leased in your name
• Maxxia pays for your lease repayments and car running costs using a combination of your pre-tax and post-tax funds from your salary packaging account
• by paying your car expenses before getting taxed, you reduce your taxable income - so you could pay less tax and end up with more money in your pocket.

Two different novated leasing options to choose from

•   A fully-maintained lease – where Maxxia takes care of the lease setup and every part of the ongoing management for you.
•   A self-managed lease – where you find your financier, negotiate your price, organise the paperwork and setup your own budgets.

A novated lease could benefit almost anyone who needs a car. You don't have to be a big earner or drive lots of kilometres to benefit. Whether you source a new or used car, or package your current car through a Lifestyle Lease (fully-maintained only), you could benefit from the convenience and potential tax savings that come with a novated lease.

Click on the links below to find out more

Fully-maintained lease            

Self-managed lease

Things you need to know: The above information is not intended to constitute taxation or financial product advice. Your benefits and savings will vary depending on your personal objectives, financial situation and needs. We recommend you obtain independent financial advice before making any financial decisions.

Eligibility criteria and terms and conditions apply. All salary packaging proposals are subject to the requirements of your employer. Administration fees will apply. The actual administration fee that applies to you may vary depending on your employer. ITCs (refund on GST) are excluded. Maxxia may pay and receive commission or rebates in connection with some services and products it provides or arranges to be provided by third parties.

Maxxia Pty Ltd ABN 39 082 449 036