Whether you’re after a strong Prado or a fuel-efficient hybrid, a Toyota novated lease is a tax-effective way to get behind the wheel.
By using a combination of pre-tax and post-tax salary deductions, you may reduce your taxable income and potentially save thousands over the lease term.
Compare your Toyota lease costs in seconds to a traditional car loan or Toyota Finance Australia. Our calculation tool estimates how much extra money may stay in your account each month.
Novated Leasing not only gives you a brand new car at a fantastic purchase price, but it also allows you to include many of the running costs in your pre-tax income.
A novated lease is a three-way finance arrangement between you, your employer, and the financier.
Instead of paying for a car with your cash after you’ve been taxed, your employer facilitates payments for lease costs and vehicle running costs through your salary. This reduces your taxation liability and allows you to access GST credit savings on the purchase price and running costs where applicable.
Explore popular Toyota models available on a novated lease, with estimated weekly pricing to help you compare your options. We can source selected new or used cars (subject to age limits) for your novated car lease.
From $202/week
All-electric SUV with zero fuel costs and lower running expenses.
From $185/week
Fuel-efficient hybrid perfect for everyday driving and commuting.
From $273/week
Spacious family SUV combining performance with hybrid fuel savings.
From $413/week
Powerful 4WD built for towing, off-road adventures, and long-distance travel.
As a leading automotive brand in Australia, the Toyota range is perfectly suited for novated leasing in Australia.
When you choose Toyota, you can benefit from:
Select the model from the Toyota range that suits your lifestyle and budget.
We assist with the finance application, credit approval, and lease documentation.
Your employer signs the agreement, and payments begin from your pre-tax salary.
Many Australians are already using novated leasing to help reduce their tax and access a new Toyota.
See how much you could save on a Toyota today and enjoy the benefits of a new car while reducing your tax with salary packaging. This information is of a general nature and does not constitute legal or financial advice tailored to your personal circumstances. Contact our team today for a comprehensive breakdown of your specific salary.
It is a finance method where an employee leases a vehicle, and the employer takes over the payment obligations from the employee’s salary via salary packaging.
Salary Packaging Australia’s novated leases operate under an Australian Credit Licence. All finance is subject to approved applicants.
Yes! Because of their high resale value and low running costs, Toyota vehicles are among the most popular choices for salary packaging in Australia.
Interest rates vary depending on your personal circumstances, credit profile, and lease structure. We provide a tailored quote so you can see your exact costs upfront. Unlike a standard car loan, a novated lease is a finance arrangement where the interest is often fixed for the entire lease term, providing you with certainty over your payments.
During the lease term, the finance company owns the vehicle, but you have exclusive personal use. At the end of the agreement, you can purchase the car, extend the lease, or trade it in for a new car.
With a standard car loan, you pay for the car and all vehicle running costs (like fuel, insurance, and tyres) using money that has already been taxed. With a novated car lease, your employer pays these expenses before tax is taken out. This means you may lower your taxable income in your salary analysis.
If an employee leaves, the lease is “de-novated.” The lease may be transferred over to you as a personal obligation, or you can often transfer the lease documents to your new employer.
* This calculator contains general information and does not necessarily take all of your personal circumstances into account. Salary Packaging Australia encourages you to seek professional, independent tax or financial advice and to consider whether this information is right for you before making a decision. The availability of any packaging benefit is subject to your employer’s approval and compliance with the Australian Income Tax Assessment Act (1997). The Australian Taxation Office can provide advice on compliance.
All benefit examples based on a 60-months term driving 15,000 km per annum on a $85,000 annual salary. Prices excluding GST under novated lease and images are for display purposes only. Vehicles subject to availability. Pricing is based upon supply of motor vehicle in South-east QLD. Vehicle pricing may be subject to change without notice. Pricing may vary depending on the exact location and State of purchase and are based on PAYG income tax rates as at 01/07/2026.
The salary packaging of motor vehicles works for you by substituting a taxable benefit with a non-taxable benefit. The above cost figures represent the estimated impact on your take home pay taking into account those tax benefits based on the assumptions outlined. You should obtain independent financial advice taking into account your personal circumstances before you rely on these figures. Salary Packaging Australia Pty Ltd ABN 53 009 643 485.
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