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If your school offers salary packaging, a novated lease lets you pay for a car and its running costs from your pre-tax salary. Teachers and school staff can save thousands of dollars over the life of a lease, especially on an eligible electric car.
Eligible electric cars are exempt from FBT until 31 March 2027, and eligible EVs under $75,000 keep the full exemption until 1 April 2029. That can make an EV the best value car on a novated lease. Read our electric car novated lease guide.
PAR Leasing also provides fully maintained guaranteed buyback leases for school vehicles, and can help your school offer novated leasing to staff.
Victorian government school staff usually salary package through the state government’s panel of providers. Independent and Catholic schools often let staff choose their provider, so check with your school’s payroll team.
In many cases yes, depending on the car’s age and the lender. Ask us about the car you have in mind.
This is general information only and does not take your circumstances into account. Tax rules can change, so please speak to your accountant or tax adviser before making a decision.
Call us on (03) 8387 1200, email davidb@parleasing.com.au or send us a message for a free, no-obligation quote. PAR Leasing is the fleet division of Alan Mance Motors, based at 237-241 Geelong Road, Footscray, and works with organisations across Victoria and the east coast of Australia.