Novated leasing for AFP & State Police employees

Find out how much police offers and other state and federal police force employees can save on vehicle costs with a novated lease.

We can help members of the police forces get a great deal on a novated lease, even if your employer has an existing salary packaging provider.

Benefits of a novated lease for police force employees

  • Vehicle you novate can be for personal use, without any restrictions.
  • Get a fleet discount on the regular upfront cost of purchasing a vehicle.
  • You can novate a new or used vehicles.
  • Save up to $6,191 instantly by excluding GST from the purchase price.
  • Use your pre-tax salary to make the lease payments (salary sacrificing your vehicle).
  • Include other car expenses (insurance, registration, fuel/electricity, servicing, and tyres) in your pre-tax payments to maximise tax savings.
  • Enjoy GST savings on your recurring expenses too.
  • Novated leases on eligible electric or plug-in hybrid vehicles are exempt from fringe benefits tax.
  • Take your novated lease with you if you change jobs.
Your next EV with Novated Lease Australia

Novated lease savings example

Let's use the hypothetical example of a person employed by a police force buying a Tesla Model 3 RWD with a purchase price of $66,100 entirely for their personal use.

As you can see, the savings with a novated lease can be enormous compared to buying the same vehicle with a car loan, or even paying for it outright with cash.

You can save money regardless of what police income band you're in, as long as you are paying tax.

For this calculation we've assumed a driver in NSW with an annual pre-tax salary of $120,000 and a five year lease with car running costs based on 15,000kms driven annually (insurance, registration, servicing and tyres). For the comparison, we've used a car loan interest rate of 7.5% p.a. The vehicle is eligible for the FBT exemption for zero and low emission vehicles.

Electric vehicle novated lease fringe benefits tax saving example compared to car loan and buying car outright
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No FBT for EVs and PHEVs

An increasingly popular option for members of the police we work with is to novate a zero or low emission vehicles. This is due to the generous fringe benefits tax (FBT) exemption that applies. It means there is $0 FBT to be paid by you or your employer which adds up to thousands of dollars in extra savings.

You can view a full list of the vehicles that are eligible for the FBT exemption to see what options are available.

How can Novated Lease Australia help members of the police force?

We can help employees of police forces across Australia get a great deal on a novated lease. If your department has an existing salary packaging provider, that's not an issue — you can still save by talking to us

Our expert team works to get a highly competitive novated lease deals for public sector employees, including police, compared to what the main salary sacrifice provider is offering.

people

"The other companies were quite satisfied in quoting excessive costs and simply failed to follow up in a prompt manner, if at all. NLA, Eddie and their support team have been excellent to deal with and all in all I have had a very easy and painless introduction to novate leasing. I have no hesitation in recommending NLA and Eddie." - Chris Kalmar

Here's what we can do for you

  • We’ll help you find a vehicle to buy and take advantage of our bulk buying power to get you a discount on the regular price.
  • We’ll help you get the best novated lease deal you can from a selection of providers.
  • We’ll calculate your estimated car running expenses and build them into your lease budget.
  • We look after of all the paperwork and work with your department and salary sacrifice provider to ensure your novated lease is set up properly to maximise your tax savings.
  • At the end of the lease, we’ll explain your options in full and walk you through the process. Depending on what you choose to do, we’ll either help you renew the lease, or pay out the vehicle’s residual value so you own it outright or can sell it and keep any profit tax free.
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