Step 5: Take delivery and start salary packaging
The finance company purchases your vehicle and your employer begins salary deductions.
Vehicle purchase and delivery
Once all documents are signed, the finance company purchases the vehicle from the dealer and arranges delivery. You don't handle the purchase transaction — the financier pays the dealer directly and claims GST credits.
Before taking delivery, confirm comprehensive insurance is active. If insurance is packaged in your lease, your provider arranges this. Otherwise, organise cover before you drive away.
Salary deductions begin
Your employer starts deducting lease payments from your next pay cycle. You'll see two amounts: pre-tax (salary sacrifice) and post-tax (ECM, if applicable for non-EV vehicles).
Check your first payslip carefully. Compare the deduction amounts against your quote. If they don't match, contact your provider and payroll team immediately.
- Set up fuel/charging card if included in your package
- Register for your provider's online account portal
- Note your account number for servicing and claims
- Keep your quote and signed documents for reference
Key takeaways
- Financier purchases the vehicle — you don't pay the dealer
- Insurance must be active before driving
- Verify first payslip deductions match your quote