30 seconds

Novated leasing – without the smoke and mirrors.

The plain-English version: it’s a way to pay for a car (and run it) from your salary before tax, so you keep more of what you earn. Here’s how it works, and the bits other providers don’t tell you.

Novated Leasing: Explain it to me like I'm 5Give me the depth

You

Employer

Positive

Your car

How it works

Four players. One
agreement.

The ‘novated’ part just means there’s a written agreement between you, your employer and us. The financier sits behind us. You only ever deal with one team.

  1. You Drive the car. Pay nothing out of post-tax salary.
  2. Positive SP We coordinate everything: finance, fuel card, rego, servicing, end-of-lease.
  3. Your employer Forwards a portion of your pre-tax salary to us. That's their job in 30 seconds a fortnight.
  4. The financier Owns the car for the lease term. They never call you.
What's included

Everything that makes the car go – bundled.

Finance

Your lease repayments, sorted.

Fuel & charging

Visa-branded card. Any servo. Any charger.

Insurance

Comprehensive, fleet pricing.

Rego & CTP

We pay it. You forget about it.

Servicing

Logbook services at any qualified mechanic.

Tyres

When they're due, we replace them.

Vehicle procurement

We hunt the car down. Stock, demo, second-hand, anything.

Ongoing support

One direct line — for five years.

The fuel card other providers don’t offer.

Most novated leases lock you to one petrol brand. Our Visa-branded card works at any servo, any charger, any qualified mechanic – pay with it like a debit card, no reimbursement paperwork.

The honest math

Out-of-pocket, not ‘tax savings’.

‘Tax savings of $X,000’ is the industry’s favourite headline. The number that matters is what’s left in your bank account each fortnight, compared to financing the same car a different way. Here it is, both ways.

Same car, 5 years, 15,000 km/yr

Tesla Model Y RWD

$74,990
  • Weekly repayment
  • Fuel / charging
  • Insurance, rego, servicing, tyres
  • Income tax saved
  • Net cost per week

Car loan

  • Weekly repayment $378
  • Fuel / charging $28
  • Insurance, rego, servicing, tyres $94
  • Income tax saved $0
  • Net cost per week $500

Cash

  • Weekly repayment $378
  • Fuel / charging $28
  • Insurance, rego, servicing, tyres $94
  • Income tax saved $0
  • Net cost per week $500

Novated lease

  • Weekly repayment $214
  • Fuel / charging $0 (included)
  • Insurance, rego, servicing, tyres $0 (included)
  • Income tax saved $112 (EV / FBT exempt)
  • Net cost per week $214

Worked example assumes income of $110k. EV is FBT-exempt under current legislation, which is why tax savings here ≈ real savings. On an ICE vehicle the gap is smaller – but still real.

See the petrol-car comparison

EVs are different. The federal FBT exemption (effective 2022) means there’s no fringe-benefits tax on eligible electric vehicles under the luxury car limit. That’s why the savings look ‘too good’. For petrol/diesel cars, expect a smaller (but still real) out-of-pocket reduction.

Get help
Legitimacy

Yes – this is legitimate.
Here’s why.

  1. ATO-approved arrangement Novated leasing is explicitly recognised by the Australian Taxation Office. It's how thousands of public-service workers, teachers and nurses already drive.
  2. How FBT works (in 60 seconds) Fringe Benefits Tax is the lever that makes it work. We calculate it, declare it, and use the Employee Contribution Method so your employer pays $0 in FBT.
  3. Our accreditations Members of NALSPA (national salary-packaging body), AFCA dispute resolution, FBAA finance broking association, and the QGov SOA panel.
Accreditations & memberships:
FBAA
Local Buy
Preferred supplier
AFCA
Accreditation
NALSPA
BSI / ANAB certified
Verify our credentials
When it's not for you

If any of these is you, be honest with yourself.

We’d rather not sell you a lease than sell you the wrong one. Five out of every hundred people who get this far don’t go ahead – and we think that’s the right number.

Unstable employment

You're a contractor or you're casually employed and your pay differs week-to-week.

Changing Jobs

You expect to leave your current job within ~12 months and don't want to refinance.

Lower Income

Your income is below ~$50,000 — the tax saving on a non-EV gets thin.

Older Vehicles

You're chasing a 7-year-old used car under $15,000. We can do it; a car loan might be simpler.

Eligible vehicles

Got a specific car in mind?

Three quick questions. No email, no signup.

talking to your boss

We’ve got the email, the talking points and the one-pager.

The single biggest reason people don’t go through with this isn’t the maths — it’s the

Subject: Quick HR thing – novated lease

Hi Sarah,

I’ve been looking into a novated lease for a Tesla Model Y. It works out at $214/wk all-in and there’s no cost or admin overhead for the business – Positive SP handle everything. I’ve attached a one-pager…

Hand it to us

Pick whichever feels right.

Browse vehicles

I know roughly what I want — let me filter.
Run the numbers

Show me real, personalised weekly costs.
Talk to a human

Direct line to a lease consultant. No call-centre script.
Got questions?

Plain-English answers to the things people actually ask.
I'm a Positive customer

Access your driver portal, how to's and get in touch with us.