Are there any cars I can’t get on a novated lease?
Before your novated lease starts
Yes, some employers have a specific list of cars available to their employees.
Beyond that, you cannot take out a novated lease of vehicles designed to carry one tonne or more, or designed to carry nine passengers or more, because they are not classified as a "car" under FBT legislation.
If you’re in doubt, please contact us so we can discuss the eligibility of your proposed vehicle.
Disclaimer: This general information doesn’t take your personal circumstances into account. Please consider whether this information is right for you before making a decision and seek professional independent tax or financial advice. Employers should independently consider whether a benefits program is appropriate for their organisation and seek advice where appropriate. Conditions and fees apply, along with credit assessment criteria for lease and loan products. The availability of benefits is subject to your organisation’s approval. Maxxia may receive commissions in connection with its services. Maxxia does not act as your agent or representative (or provide you with any advice or recommendations) in respect of the purchase of any vehicle.