Salary packaging your car needn't be complicated
We get it: anything to do with tax and wages can be confusing, but we’ve got you covered.
One misconception of novated leasing is that the car has to be new. This simply isn’t true, and it’s why thousands of Maxxia customers take out novated leases on used vehicles every year.
We understand searching for a used car can seem a little daunting, so let us take on the heavy lifting for you by tapping into our nationwide network of dealer partners — including Just Honk, our sister company that specialises in delivering great deals on used cars.
If you know the car you want, we’ll take care of the rest. You could also save GST on the purchase price of dealership-bought cars, as well as some of your car’s regular running costs!
You also have the option of sourcing the car yourself — either through private sale or a dealer.
Generally, the car should be no older than 12 years at the end of the lease term. You should also enquire as to your employer’s novated leasing policy, as some vehicle restrictions may apply.
We can coordinate the paperwork, draw up a manageable annual budget that covers your car’s repayments and regular running costs, and arrange your fuel card — leaving you to bask in that unforgettable new-car feeling!
Prefer to manage your own novated lease? A self-managed lease means just that, you take full control of the setup and day-to-day management of your novated lease, from sourcing your own vehicle and conducting any negotiations with dealers to arranging your own finance and paying for your insurance.
You can also draw up your own budget for the running costs for your vehicle, which Maxxia will then request from your payroll. You then claim for items such registration, insurance etc. directly from your Maxxia account quickly and easily using the Maxxia app when funds are available in your account.
Part of your payments come from your pre-tax salary, so your taxable income could be reduced and you may end up paying less income tax throughout the year.
Say goodbye to bill-shock. With a fully-maintained novated lease, we’ll work with you draw up a manageable budget covering all your lease repayments and running costs in one regular payment. With a self-managed lease you set your own budgets for lease and running costs. No more bill-juggling!
The Maxxia App lets you check your balances, change your details and allows flexibility with claiming.
You could save GST on the purchase price of your car through a dealership and some of your car’s running costs.
How much will a fully-maintained novated lease cost, and how much could it save you?
We get it: anything to do with tax and wages can be confusing, but we’ve got you covered.
Did you know you can salary package a new, used or existing car?