Salary packaging a car through a novated lease can be a great way to potentially save on tax, while also helping you maintain an appropriate budget for the running costs of your vehicle.

Before your lease begins we calculate your fuel, tyre and maintenance budget on the estimated kilometres you travel in a year. But, of course, life always throws up surprises, and circumstances can alter at any time. This could mean that you end up driving your novated lease vehicle more, meaning you’d need to increase your fuel card budget. Alternatively, if you are driving your car less than expected, you may build up an excess account balance. That’s money you could be spending elsewhere!

The refreshed Maxxia app now comes with our Novated Lease Fuel Spend tracker^{^}, which allows you for the first time to see how much you’re contributing to fuel each month, and how much you’re using.

So if your driving habits or personal circumstances have changed, and you feel they’ve affected what you spend on your novated lease vehicle, check your Novated Lease Fuel Spend tracker within the refreshed Maxxia app.

If you need to update your fuel budget, contact Maxxia from within the app or call 1300 123 123 between 8.00am and 7.00pm, Monday to Friday.

If you are interested in taking out a novated lease, you can get a quote here.

^Fully maintained leases only.

*Cap tracker available to employees with access to FBT exemption cap