Tax savings in Australia with a novated lease

Flare Cars is built on top of an existing salary packaging benefit, known as a novated lease. 

Novated leasing, the Flare way

It’s a method of financing either a new or used car, and it’s a pretty neat way of reducing your taxable income. Your car costs are bundled together, and you can make your repayments from your pre-tax salary with approval from your employer.

Traditional car buying

Arduously slow

Calling dealers, arranging test drives, wading through the credit check process—it’s a ton of work just to get a better deal.

A lonely island

Financiers, dealers, vehicle delivery—it takes a village to bring all parties together. This might mean you’re filling out similar, manual forms, or repeating yourself multiple times to different people.

Clear as mud

Lenders and dealers aren’t always upfront about how they make their money, and salary packaging or novated leasing may not be clearly (or consistently) explained to employees.

The Flare Cars difference

Less effort, maximum benefit

We get it, life is busy. Flare Cars does all the hard work for you, from comparing the market to arranging for your salary packaging payments.

This time, it’s personal

A dedicated leasing consultant will manage all parties and processes for you, consolidating information and managing each step through our fully digital experience (no paper forms, we promise).

Transparently clear

With one simple, all-inclusive management fee, our costs are fully disclosed upfront so you can make an informed decision. No junk add-ons or insurance products that may diminish your savings, either.

Find

Your dedicated Flare Cars consultant will find the car you want, compare prices, arrange test drives and liaise with dealerships—so you don’t have to.

Save

Leverage our buying power to secure great deals across our network, and access salary packaging benefits to save on the cost of your car.

Drive

Manage your car and associated running costs with easy regular payments, usually paid for out of your pre-tax salary.

Benefit

It’s the benefit that keeps on benefiting: save upfront and on your running costs, with our full-service solution.

What is a novated car lease and how does it work?

Novated leasing is an ATO-approved benefit in which all the costs for running a car are taken directly out of your salary, through a combination of pre and post-tax deductions by your employer. Flare Cars holds the budgeted money for your car related expenses, for example: finance, fuel, insurance, tyres and servicing you so you can pay for your car expenses as they arise from the budget, so you are never out of pocket.

How do I save money with a novated lease?

By doing a novated lease, your taxable income is reduced so you pay less income tax, you don’t finance the GST on a new or used car from a dealership, all your running costs are paid for out of your pre-tax salary, and you don’t pay GST on any of your running costs. You will save thousands of dollars over the life of a lease.

What term can I do a lease over?

You can lease a car for between 12 and 60 months – so it’s really flexible depending on your needs and budget.