Information for Queensland Government employees

Queensland Government employees are now eligible to access a novated leasing arrangement with Toyota Fleet Management. Here’s a quick guide to your new employee benefit.

What is a novated lease?

A novated lease is a popular finance arrangement used with salary packaging. It simply means that your employer pays for your car lease and car running costs out of your salary package through a combination of pre-tax and post-tax salary deductions.

Why Choose Toyota Fleet Management?

It’s a convenient, simple and cost-effective way to drive the car you want. From helping you calculate your savings to taking care of fuel, servicing and maintenance, Toyota Fleet Management makes the process easy. You’ll enjoy:

• Any Make Any Model – with Toyota Fleet Management, you’re free to choose any make or model of car you want
• Low interest rates – Toyota Fleet Management’s rates and fees are transparent and highly competitive when compared with other providers
• Tax Advantages – enjoy tax effective financing through pre and post tax salary deductions
• Servicing and maintenance – receive discounts on fuel and negotiated parts and labour rates for maintenance, servicing and tyres
• Fuel card – for convenient cashless motoring
• Trusted provider – backed by Toyota, Toyota Fleet Management has a solid reputation for service and reliability

How do I get a Fleet Management Novated lease?

The process with Toyota Fleet Management is simple and from start to finish.

Here are the steps:

1. Contact us for an exact quote on 1300 888 875 or email [email protected]
2. TFM presents you with a quote
3. You accept the quote and submit your finance application, and other relevant documents
4. If you do not have an existing Salary Packaging account, you will need to set this up (refer to the link below for the list of Salary Packaging Administrators)
5. Subject to credit approval your finance is approved and the lease documentation is prepared
6. You and your employer sign the lease documents
7. The car is delivered to you
8. Your salary package administrator is sent a notification to commence salary deductions

Should I choose a novated lease?

The implications of salary packaging a motor vehicle through a novated leasing arrangement, including tax savings, will depend on your individual circumstances. This information page has been prepared by Toyota Fleet Management for general information purposes only, without taking into consideration any individual circumstances. Before acting on any information or entering into a novated leasing arrangement, you should consider your objectives, financial situation and needs, and take the appropriate legal, financial or other professional advice based upon your own particular circumstances. The Queensland Government strongly recommends that you obtain independent financial advice prior to entering into, or changing the terms of, a salary packaging arrangement.

For commonly asked questions on a novated lease and how it works please access the ‘FAQs’ document in the download section.