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What is a novated lease?

Discover a smarter way to own your new Chery with a novated lease, powered by Smart, Australia's leading novated leasing provider. Novated leasing bundles your vehicle finance and all running costs such as fuel, insurance, and servicing into one simple payment directly from your pre-tax salary. By reducing your taxable income, you'll save money and enjoy a hassle-free ownership experience. It's the most cost-effective way to drive.

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A novated lease with Smart™ helps you drive your salary further in many ways.

How novated leasing works

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Choose your Chery

Get a quote for your preferred Chery car and different lease terms.

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Lock in your lease agreement

Obtain finance approval and sign your lease agreement.

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Drive & Enjoy

Your employer takes lease payments and running costs straight from your pre-tax pay.

Why novated leasing makes sense

Benefits

Electric

Go electric and pay no FBT

Eligible electric vehicles under the luxury car tax threshold are exempt from Fringe Benefits Tax.**

The whole cost of your lease comes out of pre-tax salary

  • FBT exempt on eligible EVs**
  • Charging included in your budget
  • Lower servicing costs

 

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Find the Chery that fits your life and your budget

Applicable Models

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Tiggo 4

#1 Best Selling Small SUV*

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Tiggo 8 Pro Max

7-seater Large SUV

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Tiggo 4 Hybrid

5-seater Small SUV

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Tiggo 8 Super Hybrid

7-seater Large SUV

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Chery C5 HEV Listing

Chery C5 Hybrid

5-seater Small SUV

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Tiggo 7

5-seater Medium SUV

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Tiggo 9 Super Hybrid

7-seater Large SUV

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Chery E5

5-seater Small SUV

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Side_Thumbnail_Tiggo_7_PHEV_w_SUPER

Tiggo 7 Super Hybrid

5-seater Medium SUV

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Side_Thumbnail_Omoda_C5

Chery C5

5-seater Small SUV

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*GST is not payable on the purchase price of a vehicle financed through a novated lease (GST savings are calculated on the FBT base value of the vehicle, up to the claimable limit [$6,334 in FY 2025-26] unless exempt).

**GST and Fringe Benefits Tax (FBT) are not payable on the purchase price of eligible EVs financed through a novated lease. Other taxes may still apply. ‘Eligible EV’ refers to electric vehicles purchased under a novated lease and eligible for the FBT exemption under the Federal Government’s Electric Car Discount Policy. FBT exemption is available for eligible electric or hydrogen cell vehicles purchased through a novated lease up to the Luxury Car Tax limit ($91,661 in FY 2026-27). See the Australian Taxation Office website for full eligibility criteria.

General Conditions

  • Orders must be placed directly by an approved Novated Lease Provider or Fleet Management Organisation (FMO).
  • All orders must include:
    • Driver's Name
    • Employer's Name
    • A clear statement confirming the order is for a Novated Lease
    • Vehicles under this program must not be advertised with a discounted driveaway price.