A common misconception of a novated lease is the belief that the car financed must be new. Novated leasing is available on used cars too!
How Does it Work?
Novated leasing with Remunerator is the most affordable way to drive your new car!
Remunerator customers can enjoy all the same benefits of a novated lease on a used car, including:
- Save on the GST of the purchase price of the car (when purchased through a dealership).
- Experience the same tax savings on your running costs as a new car novated lease.
- Enjoy a reduction in the amount of income tax you pay.
What Are The Requirements?
There are a few things to consider when novating a used car. The used car you choose need to be:
- Under 200,000kms on the odometer at the beginning of the lease.
- A maximum of 15 years old at the end of the lease.
- There are some car models that are an exception to these rules. If you have a car in mind, our novated leasing experts are here to guide you through your options when novating a used car.
Australia's Best Value Retaining Cars
Our novated leasing experts have highlighted the best value retaining or cars that have a strong resale value at the end of a novated lease term. Likewise, Remunerator receive a high volume of novated lease requests specifically on these used cars.
Toyota Hilux
As Australia's top-selling vehicle for 7-years running, the Toyota Hilux is an incredibly desirable car for new and used car buyers. On average, the Hilux holds 80.6% of its value at the end of 3-years (Drive, 2023).
2023 RRP: From $24,255
Toyota RAV4
The Toyota RAV4's popularity stems from its dependable reputation, versatile design, and comprehensive features. Offering diverse powertrain options, spaciousness, advanced safety tech, and off-road capabilities, it caters to a wide audience. It's hybrid options also contribute to its appeal by addressing fuel efficiency concerns. On average, the RAV4 holds 80.9% of its value at the end of 3-years (Drive, 2023).
2023 RRP: From $36,550
Toyota Prado
The rugged and versatile SUV offers both off-road capability with on-road comfort. It's spacious interior, advanced features, and proven reliability, the Prado offers a perfect blend of adventure and practicality for families and outdoor enthusiasts. On average, the Prado holds 79.6% of its value at the end of 3-years (Drive, 2023).
2023 RRP: From $62,830
Ford Ranger
The Ford Ranger, a robust and versatile Ute, has garnered a loyal following for its impressive capabilities, comfortable cabin, and advanced features. A Ranger can be a smart investment, as you'll be able to enjoy the truck while benefitting from it being one of Australia's best-selling cars.
2023 RRP: From $35,930
Isuzu MU-X
The Isuzu MU-X is designed to tackle both urban environments and off-road adventures. It's built to be dependable and spacious for Australian families, comfortably seating up to 7 passengers. New or used, Australians want to drive a MU-X helping it retain its strong resale value.
2023 RRP: From $43,900
Isuzu D-Max
The Isuzu D-Max is a renowned ute celebrated for its off-road prowess, reliable performance, and strong towing capacity. It has proven to be ideal for both professional and recreational use equipped with all the latest desirable technology and safety features. Across all variants, the D-Max on average retains 79.2% of its value after 3-years, proving a strong investment.
2023 RRP: From $32,200
Mazda CX-9
The Mazda CX-9 is a true family vehicle, combining practicality and design to make everyday driving efficiency and comfortable. Advanced technology offers a refined driving experience for families and individuals alike. For years, it has been a popular choice for vehicles in its category, helping it retain 79.8% of its value after 3-years.
2023 RRP: From $47,600
Jeep Grand Cherokee
The Jeep Grand Cherokee is one of the most awarded SUVs ever. Its American build is tough and premium. Like many on this list, it is a great family car which is why it performs so well in the Australian market. On average, after 3-years the Grand Cherokee retains 79% of its value.
2023 RRP: From $77,950
Are you ready to drive one of Australia's best-value retaining cars or another used car?
Learn more about the benefits of novated a used car here or request a quote today to get started.
Is your car listed above and are you ready to upgrade into a new model? Read our ultimate guide to selling your car!