FAQs

Employees can choose from a range of MyCarBudget options.  They set a budget for each of the selected options based on the distance they expect to travel over the coming year. You, the employer, make a regular deduction from their after tax pay.  MyCarBudget then meets all selected expenses and using FleetPartners purchasing power generates real savings. The range of available MyCarBudget options includes:

Starter Pack:
• Discount fuel - choice of either Shell, Caltex or BP fuel card and a 6c a litre discount on all fuel purchases (unleaded fuels and diesel).
• Roadside Assistance - complimentary 24/7 Roadside Assistance nationwide for all MyCarBudget customers.

Additional Options:
• Registration Renewal - automatic payment of your registration renewal.
• Discount Servicing - access the OneCall service for discount servicing, repairs and maintenance.
• Discount Tyres - purchase tyres at FleetPartners corporate rates.
• Insurance - bring your existing insurance along or access a quote from the MyCarBudget team.

MyCarBudget is fundamentally different to Novated Leasing in a number of ways. Firstly, customers are not obliged to purchase a new or used car, they can bring their own car. Therefore there are no lease repayments and with payments being after tax, there is no messy end of Fringe Benefits Tax year reconciliations. Secondly the agreement is between the employee and FleetPartners directly. You the employer are not liable for any outstanding monies upon termination of the agreement.

MyCarBudget offers your employees some of the key benefits offered by Novated Leasing namely car expense budgeting and access to FleetPartners purchasing power without the worry about Fringe Benefits Tax, Employee Contribution Method and meeting mileage hurdles.

Finally, Novated Leasing has been around for a long time and most employers offer it, so there is not much that is unique about it from provider to provider. MyCarBudget is unique, no other organisation is offering this service. By offering it to your employees your organisation can now also be unique and set yourself apart from your competitors. Atleast in terms of employee benefits offered.

FleetPartners will create an agreement directly with each accepted employee. Therefore upon termination of the agreement, should the employee have a shortfall, FleetPartners will work directly with the employee to establish a repayment arrangement.  This removes any liability or administrative burden for you.

Similarly, should the employee have accumulated monies within their budget, they will be paid directly to the employee by MyCarBudget.

MyCarBudget's flexibility means that you can continue to manage your employees the way you normally do.

In order to make the program successful we will work with you to develop a communication plan that will ensure your employees have the opportunity to access material regarding the MyCarBudget package as well as speak to FleetPartners staff regarding how it works and how to sign up.

Your role will also include approving each application and ensuring that regular after tax deductions are established for each participating employee.

There is no cost in offering MyCarBudget to your employees. In order to make the program successful we will work with you to develop a marketing plan that will ensure your employees have the opportunity to access material regarding the MyCarBudget package as well as speak to FleetPartners staff regarding how it works and how to sign up.

You may however consider paying for all or part of the $9.95 monthly fee on behalf of each participating employee. If this is something that you might be interested in, MyCarBudget would be happy to develop a proposal for you covering pricing and payment options.

We have developed a range of marketing material that we will work with you to make available to your employees. The following tools and services will be available:
• Onsite presentation by MyCarBudget staff
• Brochures
• New Starter Insert Brochure
• Application forms
• Banners
• Email templates
• Intranet Pages
• MyCarBudget website landing page

When you decide to offer MyCarBudget to your team, you also decide who can participate in the program. We will work with you to ensure that only the applicable staff are given access to information about the program. We will also ensure that material distributed to staff clearly states who is eligible.

To ensure that only eligible staff participate in the program, a copy of all applications will be sent to you for your approval prior to them being activated. This means that you stay in complete control of the program.

You can access a copy of the MyCarBudget brochure, application form and employee terms and conditions via our employee communications page.

MyCarBudget is a serviced offered by FleetPartners Australia Pty Limited. 

FleetPartners head office is based in Richmond, Victoria with sales offices throughout both Australia and New Zealand, supported by over 300 staff. Currently 60,000 drivers in Australia and New Zealand drive vehicles supported by FleetPartners fleet leasing and management services. We are driven by service and focus on finding the solutions to your individual needs, in partnership with your business. You can find out more about FleetPartners.  

MyCarBudget does not have any specific minimum on the number of staff you need to have to participate in the program. Give us a call on 1300 710 629, email us at info@mycarbudget.com.au or complete our online enquiry form and we will be in contact with more information about the program.