Novated leasing

What is a novated lease?

A novated lease is an agreement between you, your employer and SG Fleet, that lets you choose the car you want and bundle the finance and all the expected running costs into a single payment that’s deducted from your salary and saves you time and money.

The obligation for payment is transferred (novated) from you to your employer who makes deductions via payroll and pays SG Fleet directly.

You get a competitive price for your new car, pay less income tax, and save GST on your running costs. SG Fleet can even help you sell your car for a tax-free profit at the end of your lease term.

Everything you'll need to keep your car on the road - including maintenance, repairs, tyres, registration, and fuel - is bundled into one regular payment to make managing your car a breeze.


Choosing an electric car for your novated lease could save
you even more.

Discover how

Novated lease enquiry

Submit your enquiry here and our team will be in touch with you shortly.


How to save time and money with an SG Fleet novated lease

Better new car price web icon

Better new
car price

SG Fleet works harder to beat new car pricing, every time.

Save on running costs web icon

Save on
running costs

Minimise costs and keep
things simple

Income tax and GST savings web icon

Income tax and
GST savings

Maximise any tax
benefits you're eligible for.

Trade in made easy web icon

Your trade-in
made easy

Convenience plus
competitive pricing.



What's hot

Check out some popular cars — from frequent favourites to the latest releases — and see how you can save with a novated lease^.

MG ZS EV Excite
MY22 Auto SUV Electric FWD
Indicative cost
$254.00 ^ per week
with a novated lease
Subaru Outback Sport XT
MY23 Auto SUV Petrol AWD
Indicative cost
$303.00 ^ per week
with a novated lease
2022 Mazda BT-50 Thunder
Auto Dual Cab Utility Diesel 4x4
Indicative cost
$351.00 ^ per week
with a novated lease

Tell me the basics

Want to know how a novated lease works? We break it down in this short video.

Not quite convinced?

Don't let common misconceptions trip you up. Let us bust some myths!

Novated lease calculator

Novated lease calculator

Want to see how much you could save? Use our novated lease calculator to compare different cars, and help you make the right choice.

Let's start calculating
Novated lease

Ready to get your novated lease?

Ready for a new car? Find out how easy it is to get a novated lease with SG Fleet and all the benefits you'll enjoy, and start saving money.

Getting a novated lease
Car Deals

Car deals

Check out the showcase of popular cars and latest deals to help with your car research.

Start searching
Packaged vs non-packaged

Packaged vs non-packaged

Salary packaging a novated lease can save you money. Compare the costs to paying for the same car with after-tax salary.

Start comparing


We'll keep you safe on the road with excellent insurance cover, as well as accident management and roadside assistance support.

Find out more
End of novated lease

End of novated lease

When your novated lease is coming to an end, what are your options and what do you need to do?

Find out here
Novated vehicle accessories

Novated vehicle accessories

We source quality products from quality supplier partners that can can enhance the safety and enjoyment of any vehicle.

Find out more
Car trade-in service

Car trade-in service

With TradeAdvantage, you can sit back and relax while we take care of your trade-in for you.

Find out more
Salary Packaging

Salary packaging

You can salary package lots of things - not just cars. See how else you can access tax savings with maximum convenience and minimal cost.

Explore salary packaging
Novated FAQs

Salary packaging FAQs

We have developed these FAQs to help you make the decision.

Read more


Important additional information and Disclaimers

^Indicative cost per week is based on the following assumptions: 1) product is an SG Fleet Novated Lease; 2) someone living in NSW, earning a salary of $90,000 p/a and travelling 15,000 kms p/a under a 5 year novated lease term; 3) The weekly cost includes finance and estimated costs for fuel, registration, insurance, servicing and repairs, tyres and roadside assist based on previous assumptions, which finance and estimated costs may have changed at the time a lease quotation is provided; 4) includes potential GST and PAYG savings over the term of the lease. At the end of the lease a Residual Value obligation will apply and GST will be payable on the Residual Value amount if you make an offer to purchase. The indicative cost is based on dealer quotes achieved by SG Fleet in the last 60 days and actual pricing may change at the time a lease quotation is provided. The cost does not include any optional extras unless stated. Any additional optional extras would impact the cost of the vehicle to you. Your individual circumstances have not been taken into account and will impact the overall cost amount and the benefits of a novated lease. Given all vehicle pricing provided is indicative only, for the purposes of assisting you with your vehicle selection process, all orders and delivery times will be subject to stock availability. Vehicle images are for illustration purposes only.

Independent advice - prior to entering a novated lease arrangement, you should seek independent qualified financial advice as the complexities of a novated lease could have a significant impact on your financial situation.