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Novated leasing

Alex saved $36,920^

Thanks to an Oly novated lease

Book a chat today

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BYD SEALION 7 Premium
$204 p.w*

(Including eligible running costs.)
Tax Savings $36,920^ over the term of the lease

*As at July 2026

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Take a look at the deal Alex got!

When Alex made the switch to a novated lease, he didn’t just upgrade his car, he unlocked thousands in tax savings.

With an Oly novated lease, your car payments and most running costs are bundled into one regular payment. Plus, because part of the payment comes out before tax, you could reduce your taxable income and potentially pay less tax. Nice, right?

Thinking of going electric? Thanks to the government’s EV Discount, your entire lease payment can be taken from before tax salary. That means you could save with every pay.

Great car.

Better price.

That’s the Oly promise.

Find out more

How a novated lease works

Oly demystifies the world of novated leasing by taking you through what’s included in your payment (spoiler: it’s pretty much everything), and how much you could save by using a novated lease to score your dream car.

1:40 minute video

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Just a few of the reasons you’ll love your novated lease

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Big deals for big deals (that’s you)

Thanks to Oly’s huge network of trusted car dealers all across Australia, you could get a great deal on your new ride. Not only that, with a novated lease you don’t have to pay a deposit. Nice, right?

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Conquer your driving costs in one

Doesn’t it feel like there’s a new car-related expense to pay every other week? Annoying! With a novated lease, most of your on-road costs are bundled into your one nifty regular payment that comes out of your pay automatically, covering things like petrol, servicing, rego, insurance and new tyres.

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Stacks of possible tax savings

With a novated lease, part of that regular everything-included payment comes out of your pay before the tax does, so you could end up paying a whole heap less tax. Plus you could skip upfront GST on cars valued up to $69,674. For cars with a driveaway price of over $69,674, upfront GST applies only to anything over that amount.

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It’s super easy

Don’t like admin? Oly does. Oly can help find your new car, get the finance and insurance sorted and even works out the payment details with your work. And thanks to Oly’s handy app, you can submit your claims, check your budget and make changes to your account anywhere, any time.

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You could save even more on an electric car

Choose an eligible electric car and, thanks to the government’s EV Discount, your whole payment comes out of your salary before-tax. That could mean scoring a Tesla 3 for almost the same cost per week as a Mazda CX-5? Seriously! But the only way to take advantage of the EV Discount is with a novated lease.

FAQs

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Employers

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Contact Oly

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Book a chat today

You don’t need to work for a big company to get big benefits, but to be eligible for an Oly novated lease you do need to be:

- Employed full-time, part-time or self-employed

- Earning a set salary (AKA not unemployed, retired, or a ride share driver)

- Looking for a car for personal use

Fill out this form to kick things off, then check your inbox for a link to create your Oly login to apply online (hint: check your spam/junk folder).