Compensation, Benefits and Rewards
Novated Leasing
Prosperity Smart Drive arranges Novated Leasing for employers and employees across Australia, including options for electric vehicles.
- Enables employees to salary package a vehicle, exchanging part of pre-tax salary for a novated car lease.
- Offers a quick quote tool so employees can customise a vehicle and estimate lease costs before committing.
- Example lease structures are illustrated over a 60-month term at 10,000 km per year, factoring GST and estimated income tax savings, subject to lender credit approval.
- Covers electric vehicle novated leasing alongside standard vehicle options for salary packaging arrangements.
Best for: Australian employers wanting to offer employees a novated leasing benefit, including electric vehicle options, as part of a salary packaging program.