Can I get a novated lease on a used car?

The short answer is yes, you can salary sacrifice a second-hand car, but there are a few things you should keep in mind to ensure you maximise the benefits.?

Purchase a high-quality second-hand vehicle?

For added protection and peace of mind, we recommend choosing a vehicle with some remaining factory warranty.?

Purchase through a dealership?

By purchasing your used car through a dealership, you will have more protection with a car history check, consumer protection guarantee and all of your paperwork sorted. You will also benefit from a GST discount.

If your heart is set on a particular car only available by private sale, that’s ok too as most private sellers don't charge GST.

You will also save on the used car’s running costs over the course of your novated lease.?

Opt for a vehicle that isn’t too old?

While there are always exceptions, the general rule of thumb is that the vehicle cannot be older than 12 years by the end of your lease.???

You could place a seven-year-old vehicle on a five-year lease, for example.??

We're here to help

If you have a particular vehicle in mind, speak to our expert team. Through our extensive network we can help you source your dream car!

Give us a buzz on 1300 888 594 or send a message here.?