How do I novate a used vehicle
Discover the benefits of a Novated Lease on a pre-owned vehicle at Positive Salary Packaging. Our expert team will guide you through the process of securing a Novated Lease, providing you with flexible financing options and cost-effective solutions for owning a second-hand vehicle.
Discover the ease of securing a Novated Lease on a used vehicle with Postive
- Find your dream vehicle at a dealership, online or a private sale
- Inform the seller that Positive will be in touch to secure the vehicle
- Positive will handle all paperwork, contracts and financing
- Sign on the dotted line and drive off into the sunset with your newish car
- Positive makes the process as easy as possible, with our expert team guiding you through every step
*Note: GST is not applicable on second-hand novated leases and vehicles must be less than 12 years old to qualify for a Novated Lease.
Contact us today to learn more about how a Novated Lease can help you take control of your transportation needs. At Positive Salary Packaging, we are dedicated to helping our clients navigate the complexities of vehicle financing and ownership.
The 2025 guide to EV novated leasing in Australia
Everything that's changed since the FBT exemption – which cars qualify, what the luxury car limit really means, and the four mistakes we see people make.
Electric Car Discount Changes 2026: What It Means for Your EV Novated Lease
The Electric Car Discount is staying. Here's what's changing from 2027, what stays the same, and how a novated lease on an electric vehicle still stacks up.
How Do You Calculate Novated Lease FBT?
How FBT on a novated lease is calculated with the statutory formula or operating cost method, and how the employee contribution method offsets it.
FBT Exemptions for Plug-In Hybrid Electric Vehicles Are Changing – Here’s What You Need to Know
Plug-in hybrids stopped qualifying for the FBT exemption from 1 April 2025. Who could keep the exemption, and the lease changes that can end it.
Common misconceptions around residual values and novated leasing?
Common misconceptions about residual values on a novated lease, including who owns the car, selling it, and your options as the lease term ends.
What happens at the end of a novated lease
Your options when a novated lease ends, whether you refinance and keep the car, trade it in for a new one, or pay out the residual and own it.
Should You Get an Electric Car Lease?
Things to know before leasing an EV, including home and public charging, claiming electricity costs, driving range and common concerns about switching.
Can I buy a used car with a Novated Lease and start saving thousands?
Yes, you can novate a used car. How a novated lease works on a used vehicle from a dealer or private seller, or on a car you already own.
What items can I claim on my novated lease?
The costs you can include in a novated lease budget, from finance, rego and insurance to servicing, tyres, roadside assistance and car detailing.
