How to choose the best novated lease provider for you

Key takeaways

How does a novated lease work?

Novated leasing is a super tax savvy way to finance a new (or used) car. Why? Because your lease payments use some of your before-tax salary, which could lower your taxable income and save you thousands in tax each year.

And if you have your sights set on an eligible electric car, even better. Thanks to the government’s EV Discount, you can pay 100% of lease payments from your before-tax salary to really max out your tax saving opportunities!

Tired of all the pesky car bills? With a novated lease, your car payments and most running costs get bundled into one tidy regular payment for simpler budgeting.

Now that you know the ins and outs, how do you find the perfect lease provider for you? What should you look for? Keep reading, cause Oly is about to lay it all out for you.

Novated lease providers in Australia

There’s a tonne of novated lease providers in Australia of all shapes and sizes. The thing is, they also vary in experience, quality of support, and what they bring to the table. Some providers let you bundle the lot (that’s car payments, fuel or charging, servicing, tyres, registration and insurance) into what’s often called a fully maintained lease. Others go a more self-managed route, leaving you to handle all the admin along the way.

It’s worth doing your homework to find the best novated lease provider for you. No matter who you choose, your lease experience should be smooth, simple, and stress-free, so you can scoop the benefits and hit the road smiling every time.

Your novated lease provider cheat sheet

Simple application process

Nobody wants a paperwork marathon just to get a car. A slick, hassle-free application process means fewer forms, less admin, and less back-and-forth between your employer, your lease provider and you.

Easy to understand quote

Some providers throw out quick quotes, but you need to know exactly what’s inside. Get the full picture - what comes out of your pre-tax and post-tax salary and how much you’ll save in tax over the duration of your lease.

Gold standard customer support

A great lease provider doesn’t ghost you once your lease is signed. Life happens, driving habits shift. Your provider should stick with you, making sure your lease keeps up with your needs. They should be easy to get in touch with, happy to offer ongoing support and available to field your questions.

Easy lease management

A great provider keeps you in the driver’s seat with easy lease management. Need to update details, check balances, tweaks budgets or submit claims? It should all be available through easy-to-use software that lets you tap in and manage your account 24/7.

Full scope of services

Is your provider just handing you a lease, or can they go the extra mile? A top-notch provider delivers the whole package, helping you score the perfect car, locking in great insurance, plugging you into the best charging solutions, and handling all the nitty-gritty.

Solid expertise

Does your provider know the ins and outs of novated leasing, salary packaging, and running costs? If they have the expertise, they can tailor your lease to fit your budget and lifestyle. Plus, they stay ahead of the game - keeping your lease ATO compliant and making sure you’re always getting the best deal!

End-of-lease support

A great provider is proactive when your lease wraps up, making sure you’re aware of your options, so you can maximise the perks and extend, upgrade or renew your lease as needed.

Why Oly?

Oly brings novated leases to employees of small and medium businesses, so you can have the best of both roads. Drive the car you love and make the most of your salary. Now that’s legendary.

Oly has mapped out the perfect route, bringing together all the right coordinates for a simple, stress-free novated lease:

Novated lease experts

Oly is backed by one of Australia’s biggest, most trusted novated leasing providers, MMS Group. This means you get 35+ years of experience and bigger buying power to score a great car deal through Oly’s giant network of dealerships.

Clearcut quote

Oly doesn’t just hand you a quote with a bunch of meaningless numbers. Your expert leasing consultant will walk you through exactly how much will come out of your pre-tax and post-tax salary each pay cycle; plus, how much you could save on tax every year!

And if you’re keen to compare cars, Oly lets you build multiple quotes for your top picks and see their costs side by side.

Fast turnarounds

With all the right info, Oly could step on the gas and get you approval on your lease within hours. Enjoy a simple application process online or over the phone.

A+ customer support

Oly doesn’t just throw you a lease but pulls everything together in one place, so you get maximum value. Chasing a ripper deal on a car? Oly has you covered with a nationwide network of trusted dealerships. Need access to smart meters and fast chargers for an EV? Oly’s partnered with top EV suppliers to bring you great charger deals. Oly will even sort your insurance and setup automatic payments with your work. This way, you get to sit back and enjoy the ride with Oly as your trusted co-driver, offering guidance and support as you need it.

Easy budgeting

Oly’s experienced team will help you get your running-cost budget just right - so your lease runs smoothly, and you don’t over-budget or under-budget on costs like fuel and servicing.

On-the-go lease management

Oly’s handy app lets you manage your account, update details, check budgets and submit receipts anytime, anywhere.

Employer-friendly

Oly makes things super simple for your work with automatic payments straight from your salary. Plus, the Oly Business Hub is your employer’s handy pit stop for everything they need to oversee your lease - reports, tax invoices, and leasing info. It’s also packed with helpful videos and guides, so you don’t have to explain a thing - too easy!

Freedom at the finish line

With Oly, you call the shots when your lease wraps up. Want to own your car outright? Just pay the residual and it’s all yours. Happy with your current ride? Extend your lease and keep cruising. Or maybe, you’re eyeing an upgrade? Refinance the residual and roll into a fresh lease. As the finish line approaches, Oly will make sure you cross it as a winner!

Want to chat novated leasing with Oly now? Get in touch.

Ready to drive?

Fill out this form to kick things off, then check your inbox for a link to create your Oly dashboard login to apply online, build your own quotes, compare your favourite cars and put yourself behind the wheel of your dream ride.

Keen to talk now? Give Oly a call on 1300 328 182.

Oly is available:
9am – 5pm AEST Monday to Friday
Excluding public holidays

* Questions marked with an asterisk need to be answered before you can submit the form.

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