can you lease a used car australia

Short answer: yes, you can lease a used car in Australia; longer answer: it depends on the provider and how elderly the car is.

Most novated lease companies do allow used vehicles, often requiring the car to be under about 10 years old at lease end and below roughly 200,000 km, with rules varying by financier. Business buyers can look at finance leases or chattel mortgages for used cars, but lenders will check condition, valuation and sometimes insist on inspections and full insurance. Expect interest rates a touch higher than new, and remember residual values must align with ATO guidelines. Fringe Benefits Tax still applies to novated leases (eligible EVs may be exempt under current rules). Bottom line: talk to your salary packager or lender for their exact age/odometer cut-offs, then pick a sensible used car that doesn’t smell like last summer’s bait.