At Stratton Finance, we recognise the importance of managing vehicle costs for both employees and employers. A novated lease is a smart financing option that lets you lease a new or used* car through a salary sacrifice arrangement with your employer. This flexible solution reduces your taxable income, consolidates all vehicle expenses into one easy payment, and removes the GST from the car’s purchase price, helping you save more.

Stratton partners with trusted lenders to secure a novated lease tailored to your needs, ensuring you get the best deal for your circumstances. With our novated lease options, your employer can deduct lease repayments and running costs directly from your pre-tax salary, potentially saving you thousands each year. You can also bundle all vehicle-related expenses—such as fuel, registration, maintenance, and insurance—into one simple payment, making it easier to manage your costs.

The car can be used for both personal and work purposes, and with GST exemptions, you save 10% on the car’s purchase price, reducing your expenses even further.

Types of Novated Leases

Employers offering novated leasing as part of their salary packaging usually provide one of the following options:

• Non-Maintained Novated Lease: Covers the cost of the car only, excluding running costs like fuel, maintenance, or insurance.
• Fully Maintained Novated Lease: Includes the car’s cost along with running expenses such as fuel, servicing, maintenance, registration, and insurance, bundled into a single payment.

At Stratton Finance, we work with you to find the right novated lease option that matches your needs and budget. Our team of brokers will help you unlock savings and guide you toward the right solution for your circumstances. Whether you're looking for a traditional car or an electric vehicle, we’re here to make novated leasing simple and cost-effective.