Step 2: Choose your vehicle and get quotes
Compare at least two novated lease quotes before committing — total cost matters more than monthly deduction.
Getting quotes
Contact two or three novated lease providers — Maxxia, SG Fleet, Smartleasing, LeasePlan, and others — with your chosen vehicle details. Provide the drive-away price including GST, options, dealer delivery, and on-road costs.
Ask each provider for a formal quotation PDF showing: vehicle price, lease term, interest rate, residual value, monthly deduction, pre-tax vs post-tax split, and admin fees.
What to compare
Don't just compare monthly deductions. Evaluate the full picture:
- Interest rate and total interest over the lease term
- Residual value (must meet ATO minimums)
- Monthly admin/account management fee
- Fully maintained vs finance-only running costs
- Pre-tax vs post-tax (ECM) split
- End-of-lease options and refinancing terms
Using Novate to compare
Upload each provider's PDF quote to our upload tool. We extract vehicle price, interest rate, residual, and monthly rental automatically, then run savings calculations. This makes side-by-side comparison fast and objective.
Key takeaways
- Always get at least two quotes
- Compare total cost over the full lease term
- Upload PDFs to Novate for instant extraction