Novated Leasing, the Maxxia way
A tax-effective way to salary package your next car.
As one of Australia’s largest novated leasing providers, we’re about helping you get the car you want while also providing the convenience and potential tax savings that come with salary packaging a car.
Why lease a car with Maxxia
We'll do the heavy lifting
We can help source your new car, have it delivered to your home or work, manage all the paperwork and even arrange the finance and insurance – leaving you to enjoy that new-car feeling!
Tax benefits
With a novated lease, part of your payments come from your pre-tax salary. This could reduce your taxable income and boost your take-home pay.
Save on GST
You could save GST on your car’s purchase price and some running costs.
Easy Budgeting
All your car repayments and regular running costs – that’s fuel, insurance, rego, maintenance and the like – can be bundled into one regular payroll deduction.
What is novated leasing and how does it work?
Put simply, a novated lease is a smart way to get into a new or used car. A three-way salary packaging agreement between you, your employer and a financier, it’s convenient and hassle-free.
Convenience. Potential tax savings. Better budgeting. A great deal.
It could also be tax-effective. Because your repayments are made partly from your before-tax salary, you could lower your taxable income and pay less income tax. These benefits can apply regardless of your employment status or income level, or whether you drive a little or a lot.
Maxxia has been one of Australia’s leading novated leasing providers for almost 30 years now, and we’ve gained plenty of mates along the way. What that means is access to some of the best deals and manufacturers across the country.
Thinking about an electric vehicle?
Because of the FBT exemptions tied up with the Electric Car (EV) Discount, you could enjoy 100% pre-tax payments on eligible EVs retailing up to the Luxury Car Tax threshold of $91,387#.
This could mean making similar payments on an EV that you would on an equivalent petrol car – despite the EV potentially retailing for considerably more!
#For the 2024/25 financial year.
How Much Could You Save on an EV Novated Lease?
Electric Vehicles are currently more expensive than their petrol counterparts. However, with the Federal Government Electric Car (EV) Discount and novated leasing, you could pay around the same amount for a new electric car as an equivalent petrol car – potentially saving you thousands of dollars.
In this example, the Tesla 3’s driveaway price is over $20,000 more than the Mazda CX-5, yet the cost per week is comparable.
Have a car in mind?
Find out what Maxxia can do for you by simply completing our form. We’ll call you at a convenient time to discuss your needs, and answer any queries you might have. Kick back and relax while we help you get a great deal on a great car.
Frequently Asked Questions
Novated leasing: the whys and hows
Cars can be expensive – and a bother to keep track of when it comes to costs and upkeep. By salary packaging a car through Maxxia, you can soften the hip-pocket pain and remove much of the hassle.
Once you’ve decided on your car (which we can also help with) we establish a simple annual budget that rolls all your car’s running costs – including finance, petrol, servicing, registration and insurance – into one regular payment using a combination of your pre- and post-tax salary.
This means potential tax savings, no more juggling bills and due dates, and you don’t pay GST on the purchase price of a new car, either!
Hold the GST
That’s right – when you source a new car through Maxxia you not only get access to our nationwide buying power, meaning competitive prices on an extensive range of new cars, but you don't pay GST on the purchase price. Our nationwide buying power gives us access to lots of great cars – and great deals.
Potential tax savings
Because part of your car payments come from your pre-tax salary, your taxable income could be less. (Once your deductions commence, your payslip will show the pre- and post-tax deductions made to Maxxia relating to your novated lease.) With a regular car loan, you’d be making payments with your post-tax salary – and giving more to the taxman.
Access to competitive third-party pricing
As one of Australia’s leading novated lease providers, we have long-held relationships with suppliers and insurers nationwide, and can help you get competitive prices. No more worries about insurance coverage and over-charging mechanics.
Roll up, roll up
Cruising along an open road in your new car aside, it’s the convenience of a novated lease that many enjoy. In addition to your car repayment, all of those dreaded running costs – fuel, servicing, insurance and, most pertinently, registration – are rolled up into one regular payroll deduction. And the cherry on top? You could save on tax!
Talk to us today about Salary Packaging the Maxxia way
Whether you’re ready to get started or would like to know more, we’re here to help.