Select ME Bank for your employee's staff packaging

Novated Lease

ME Bank has partnered with salary packaging experts Leasexpress to provide cost effective vehicle leasing options for your staff.

Employees lease a motor vehicle of their choice and the employer pays lease repayments, vehicle registration, insurance, servicing, fuel, repairs and tyres from the employee's salary package.

Benefits for your company
Benefits for your staff

No capital expenditure – beneficial for the balance sheet

Promotes a standardised and consistent vehicle policy that still allows your staff choice

Better containment of vehicle costs

Simplified ITC/GST process

Straightforward and meaningful monthly reporting

May be offered to all levels of salary-packaged staff within an organisation

Assists with staff recruitment and retention

Eligible to people employed on a salary package

Purchase a new or near new vehicle from $15,000

Benefit from fleet discounts

Your repayments, fuel, tyres, registration and maintenance expenses are tax effective and deducted from your salary package

Convenience of a vehicle expense card used to pay all running costs

Novated Lease Calculator

Salary Packaging FAQs

For further information please call ME Bank on 1300 726 912.