Smart, Australia’s leading salary packaging and novated leasing provider, has announced a new partnership with Chery and Omoda Jaecoo that will make novated leasing available at a combined 91 dealerships across the country.
The partnership enables dealer staff to quote customers directly on novated leasing at the point of sale.
Smart’s Group Executive, Novated Leasing and Electric Vehicle Services, Sid Jha said the partnership reflected growing demand from Australian car buyers for simpler ways to access novated leasing.
“More Australians are discovering that novated leasing is one of the most effective ways to reduce the cost of a new car,” Mr Jha said.
“Partnering with Chery and Omoda Jaecoo means eligible employees can now explore novated leasing while they’re shopping for their next Chery vehicle.”
Lucas Harris, Chief Operating Officer, Chery Australia, commented “This partnership allows us to place more customers behind the wheel of our vehicles while supporting fleet and salary packaging customers with competitive ownership solutions, strong whole-of-life value and access to the latest technology and safety features.”
Roy Munoz, Chief Commercial Officer, Omoda Jaecoo Australia, commented “Partnering in the novated leasing space is a key part of our growth strategy in Australia. It opens up a highly competitive channel and ensures our vehicles are accessible to a broader audience, particularly salary earners looking for smarter, more cost-effective ownership solutions.”
The Chery E5 EV and the Jaecoo J5 EV are both eligible for the Australian Government’s Electric Car Discount, which exempts qualifying electric vehicles from Fringe Benefits Tax (FBT). This can save eligible employees thousands of dollars annually when packaging an EV through their employer.
Smart currently manages more than 85,300 novated leases across Australia and serves over 580,000 customers through more than 3,300 employer clients in government, healthcare, education, corporate and not-for-profit sectors.
Chery and Omoda Jaecoo dealerships will begin offering the “Chery Novated Lease powered by Smart” and “Omoda Jaecoo Novated Lease powered by Smart” products in the coming weeks.