At Paywise, we offer employees in Hobart and across Tasmania a cost-effective, convenient way to purchase their next car, while saving thousands through the process.
Our Tasmanian team combines local tax expertise with trusted connections to Hobart dealerships, providing a hassle-free and customised Novated Lease experience from start to finish. See your potential Novated Lease savings below or contact our team to get started today.
A Novated Lease is a financial arrangement where your employer make payments from your pre-tax salary to cover the financing and running costs of your vehicle. Through a Novated Lease with Paywise, you could enjoy significant tax savings and a reduced purchase price on your vehicle in TAS!
To apply for a Novated Lease in Hobart and across Tasmania, you need to be employed in Australia with a steady income, and your employer must offer salary packaging. To apply for a Novated Lease you’ll be asked to provide:
After submitting your application, it will go through a finance review and credit assessment to confirm your eligibility, similar to applying for a car loan. However, keep in mind that a novated lease covers all your running costs, not just the finance.
Legislation was passed in late 2022 to exempt certain Electric Vehicles (EVs) from incurring Fringe Benefits Tax (FBT). This is exciting news for anyone in Tasmania wanting to own an EV, presenting a highly compelling opportunity via salary packaging under a novated lease arrangement.
A Novated Lease in Tasmania is a three-way agreement between:
As an ATO-approved agreement, it allows employees, like you, to use your pre-tax income to finance a new or used car. Novated Leases also cover the running costs of owning a car.
How it works:
Skip the hassle of a traditional car loan. Enjoy the many benefits that come with a Novated Lease through Paywise!
For over 35 years, Paywise have been helping Tasmanian employees maximise their income through Salary Packaging and Novated Leasing. As a proudly Australian-owned company with a national footprint, we are dedicated to providing exceptional service to our customers nationwide. Whether you’re looking to treat yourself or stretch your pay to cover everyday expenses, we ensure you get the most out of your salary.
At Paywise, you’ll talk to a real person. From day one, you’ll have a dedicated specialist to guide you through the entire process.
Manage all benefits at your fingertips with the Paywise App and access your digital card, view transaction balances and submit claims, all at a glance. You can even live chat with your Paywise account manager!
Got a car that’s struggling to sell? We can negotiate with our network of wholesalers and dealers to get it sold at a price you’re happy with.
Paywise have been helping TAS employees maximise their take-home pay and achieve substantial savings for over 35 years with Novated Leasing. Beyond our decades of experience, it is our commitment to personalised service that has earned us outstanding testimonials.
When you contact us, you’ll connect directly with a Paywise expert each time. We have a dedicated Novated Lease sales team, who work tirelessly to provide the assistance you need and uphold our brand promises. This is the case even beyond regular business hours.
If you’re in Hobart or anywhere in Tasmania and want to explore vehicle leasing, contact the Paywise team today. Our experts are ready to answer any questions you have. Call us on 1300 132 532 or send an email to info@paywise.com.au.
