Vehicle acquisition We can help you in the purchase of your vehicle. Our buying power ensures you’ll get access to discounts and simplify the ordering process.
Comprehensive insurance You're legally required to take out comprehensive car insurance for the full lease term. This protects both you and us if your vehicle is damaged, stolen, or written off. In many cases, the cost of insurance can be included in your lease package.
Drive as much or as little as you want – there’s no minimum kilometre requirement.
Use your car for work, weekends, holidays, and even let others drive it.
You don’t need to be on a high income to take advantage.
Pick a lease term that fits your lifestyle and budget – from 1 to 5 years.
Lease a new or used car* – you choose the make, model, colour, and any features you like.
*Used cars need to be no older than 4 years old at the beginning of your lease.
Who’s eligible? If you’re a salaried employee and your employer offers salary packaging, you could be eligible for a novated lease.
Whether you’re after a brand-new car or a used vehicle, this flexible option allows you to drive away sooner without the hassle of large upfront expenses.
Seek independent advice: We recommend seeking independent financial, tax, and legal advice before leasing a car.
Custom Fleet has been one of Australia’s leading providers of novated leasing services for many years.
As fleet management and leasing specialists, we have established in-house operational support teams to properly maintain your vehicle throughout its leasing lifecycle, including: Accident and Insurance Management, Service Control, Registration Management, Remarketing and Disposals.
As one of the largest fleet management leaders with access to highly competitive pricing and sharp discounts on vehicles. We have extensive experience supporting the largest corporate novated and fleet leasing programs and helping employees’ source great deals.
Our supplier network includes the most popular manufacturers, biggest dealerships and trusted brands.
With a novated lease, you’re not restricted to specific makes or models You can pick the car that best suits your needs, whether it’s a fuel-efficient hybrid, a luxury SUV, or an EV.
Salary sacrifice your car payments Reduce your taxable income by paying for your car expenses with pre-tax dollars.
All-in-one payment for easy budgeting A novated lease can simplify car ownership by rolling all your vehicle expenses into one manageable pre-tax salary deduction, covering:
Lease repayments
Fuel (with Fleet Card discounts)
Servicing & maintenance
Registration & insurance
Additional tax savings are available for eligible electric vehicles (EVs). Visit the Australian Tax Office website for more information.
*Note: All applications for finance are subject to normal lending and credit criteria. Terms, conditions, fees and charges apply. The information on this website is general in nature. It serves as a guide only and does not take into account your personal objectives, circumstances or financial needs. Before you act on this information you should seek your own independent legal and financial advice. Applicants should read the Product Disclosure Statement (PDS) and Policy Document.
Want to know how much you could save with a novated lease?
Use our quick and easy calculator to estimate your potential tax savings, weekly payments, and overall costs based on your vehicle, salary, and lifestyle.
Get transparent, obligation-free estimates backed by Custom Fleet’s 30 years of leasing expertise.
Submit an enquiry to our novated sales team!
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Keeping your vehicle running smoothly is essential. We offer a range of maintenance and servicing options, to help you ensure that your car is looked after in line with the manufacturer’s guidelines.
Accidents can be stressful, but we’re here to help. Call our driver helpline, and we’ll help manage the repair process and associated costs.
You can log into your online dashboard 24/7 to check your lease details and run reports on expenses. We even let you know if your usage deviates from the original budgeted amounts.
Our driver helpline is available 24/7 for drivers requiring roadside assistance.
The Fleet Card we provide is accepted at over 6,000 fuel outlets around Australia. Plus you might find savings when you purchase online.
You can novate most passenger cars, SUVs and light commercial vehicles with a payload of less than 1,000 kilograms, provided they are used for both private and work purposes and meet the ATO’s definition of a passenger vehicle.
The cost of registration is included in your lease. But please note that in accordance with the ATO guidelines, tolls and parking infringements are not included.
To qualify, you must be employed and paid through the PAYG system (not self-employed).
Your employer must offer novated leasing through us for you to be eligible.
You must meet the finance provider’s credit assessment criteria, including having no significant adverse credit history.
The lease term is flexible, usually ranging from 1 to 5 years. Shorter terms result in higher residual values. Residual value is the estimated amount your car will be worth at the end of your lease. The ATO sets rules around residual values to make sure they’re fair and realistic.
Yes! You can lease a used vehicle if it meets the following criteria:
It must be purchased via a franchised motor vehicle dealer, and it must be less than 4 years old.
At the end of your lease, it must also be no more than 7 years old and have less than 200,000 km mileage.
If your car’s purchase price exceeds the Luxury Car Tax Limit set by the ATO, the additional tax will be itemised and added to your monthly lease payment.
You can either use our preferred insurer, who offers competitive rates tailored for novated leasing, or arrange your own insurance and provide the details for reimbursement, which will then be included in your package.
Not outright, no. But you do have the option to purchase it.
At the end of your lease, you can choose to own the car by paying the residual value – a lump sum that’s agreed at the beginning of the lease.
Once this amount is paid and any financial encumbrance^ is cleared, the car is yours.
^Financial encumbrance – The vehicle remains under financial encumbrance for the duration of the lease and cannot be sold or transferred without the consent of the financier.
Yes, FBT applies to a novated lease. However, if your employer supports the Employee Contribution Method and you make post-tax contributions towards your running costs equivalent to the FBT liability, you can reduce the FBT liability to zero.
Novated leasing approval relies on your borrowing capacity, similar to traditional finance.
You must demonstrate your ability to make regular repayments throughout the lease.
If you leave your job or your employment is terminated, you remain responsible for vehicle payments. The lease will be de-novated, removing running costs from the agreement and converting it to a finance agreement.
Alternatively, you can transfer your novated lease to your new employer, provided they agree to take it on (subject to terms & conditions). If the new employer doesn’t accept the lease, you can continue making payments directly from your after-tax salary and manage running expenses yourself.
You are responsible for anyone who drives the vehicle. There may be specific restrictions from your insurer or employer regarding who is permitted to drive the car.
You should receive your fuel card/EV fob within 7-10 working days of your car delivery. Fuel cards/EV fobs are accepted at over 6,000 participating multi-branded service stations across Australia.
You can find the nearest service station using our Merchant Locator tool.
No – the residual value is set by ATO guidelines and can’t be paid down during the lease.
At the end of the term, it must be paid in full (including GST) as a post-tax payment, and unused lease funds can’t be applied to it.
You can call us anytime. Your Driver’s Assistance Card included in your Welcome Pack, has a 24-hour number for support with accidents, breakdowns, or repairs.
You can also visit our online Driver Guide for helpful phone numbers and information.
For all other questions, our Novated Services team is here to help.
Use our Merchant Locator to find a nearby dealer and schedule a service.
Let them know that your car is leased with Element, and they'll handle the rest.
You can download our Drive App to access live tracking of your lease budgets.
Make sure that your novated lease is confirmed, and you've received your vehicle before you register to use the app.
If your lease budget is in a surplus, the difference will be returned at the end of the lease term.
The difference will be invoiced to your employer and deducted from your pre-tax salary during or at the end of the lease term.
If adjustments need to be made during the lease, our Novated Service team can assist.
