More car, less tax with Smart
A novated lease through Smart is one of the easiest and most cost-effective ways to buy and run a car.
Smart™ is one of Australia’s largest novated leasing providers. We make it simple for you to explore options and get into a car that ticks all your boxes. Through our huge dealer network and buying power, we can offer you some great deals on popular models.
Novated leasing is an ATO-approved salary packaging arrangement that may reduce the income tax you pay by using your pre-tax income to cover car finance and expenses. One simple deduction each payday takes care of your lease and all usual running costs.
- You could save thousands on GST and income tax.
- Save time and hassle – we make novated leasing simple.
- New, used or a car you already own – It’s yours to use as you like*.
Let us do the legwork. From sourcing the car and co-ordinating the paperwork to helping you work out a budget to cover the running costs – we can help.
There’s never been a better time to lease an electric vehicle (EV).
The Federal Government’s Electric Car Discount provides an exemption for the payment of FBT for EVs with a purchase price below the luxury car tax threshold ($91,387 in 2025-26) and financed under a novated lease. The policy applies to eligible new or used fully-electric vehicles (provided they are first registered after 1 July 2022).
Click here to find out more about a novated lease with Smart and to explore latest deals and potential tax savings.
*To be able package a used or current car, it must be under 15 years old at the end of the lease with a minimum value of $5,000.
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Things to note
The information in this article has been prepared for general information purposes only and is not intended as legal advice or specific advice to any particular person. Any advice contained in the document is general advice, not intended as legal advice or professional advice and does not take into account any person’s particular circumstances. Before acting on anything based on this advice you should consider its appropriateness to you, having regard to your objectives and needs.
Insurance Products (excluding Travel Insurance) are issued by RACQ Insurance Limited ABN 50 009 704 152 (RACQI) and arranged by RACQ Distribution Services Pty Ltd (RDS) ABN 35 116 361 650, AFSL 567130 and RDS' authorised representatives (including RACQ Operations Pty Ltd ABN 80 009 663 414, AR No. 234978 (RACQO)). Conditions, limits and exclusions apply.
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RACQ Operations Pty Ltd (ABN 80 009 663 414, AR No. 234978) and Members Travel Group Pty Ltd (ABN 45 144 538 803, AR No.432492) (RACQ) are authorised representatives of the RACQ Travel Insurance insurer Tokio Marine & Nichido Fire Insurance Co., Ltd. (ABN 80 000 438 291 AFSL 246 548) (Tokio Marine). Tokio Marine Management (Australasia) Pty Ltd (ABN 69 001 488 455, AR No. 1313066) is an authorised representative of Tokio Marine, and administers RACQ Travel Insurance as the managing agent on behalf of Tokio Marine. Terms, conditions (including eligibility criteria), exclusions, limits and sub-limits apply. Any advice is general advice only, and does not take into account your specific objectives, financial situation or needs. Before you purchase, please consider the Combined Product Disclosure Statement (PDS) / Financial Services Guide (FSG) and Target Market Determinations (TMDs) available at racq.com or on request from RACQ.