About Novated Leasing

Access the secret to how Australians are instantly saving up to $50,000 on an EV

How Does It Work?

What is a Novated Lease

Novated leasing is a specialised financial arrangement in Australia that allows employees to lease a vehicle through salary packaging. With this agreement, the employer makes lease payments directly from the employee’s pre-tax salary, reducing taxable income and offering potential tax benefits.

This three-party agreement involves the employee, employer, and a finance company, providing a cost-effective way to acquire and maintain a vehicle. Novated leasing covers all vehicle-related expenses like fuel and maintenance, making car ownership simple and financially advantageous for employees.

How Does a Novated Lease Work?

Understanding how a novated lease works is crucial for anyone considering this financial pathway. At its foundation, a novated lease involves three parties: the employee, who selects the car; the employer, who agrees to make lease payments on behalf of the employee; and Novated Finance Australia, which manages the lease and vehicle. This setup facilitates vehicle financing through pre- and post-tax salary deductions and covers running costs, offering a comprehensive approach to vehicle leasing.

Why choose a novated lease?

Novated leases from Novated Finance Australia offer a more affordable purchase price and significant tax savings on vehicle purchases and ongoing running costs. 

Save big with Novated Leasing Benefits

Novated leasing allows you to save on taxes while driving the car you love. With flexible payment options, you can enjoy hassle-free car ownership.

Drive your dream car with ease

A novated lease lets you drive the car you’ve always dreamed of. With simple, affordable payments, getting into your dream vehicle has never been easier.

Flexible payment options with novated leasing

With novated leasing, enjoy flexible payment plans. Whether you prefer low monthly payments or a tailored solution, novated leasing is the best option.

Stress-free driving experience

Novated leasing includes all the essentials, from insurance to maintenance, ensuring hassle-free car experience. Drive with peace of mind and no unexpected costs.

How can Novated Leasing benefit you?

Experience financial flexibility, tax savings, and easy car ownership with novated leasing.


Here’s why it’s smart to get a Novated Lease for your vehicle →

  • Tax savings advantage

    Enjoy significant tax benefits by including your car’s expenses in your salary packaging. Maximise your savings with every payment.

  • Flexible payment plans

    Choose a payment structure that works for your budget and lifestyle. Tailor your payments for greater convenience and control.

  • Hassle-free maintenance

    Your lease can cover maintenance, tyres, and servicing. Drive worry-free knowing your car is always in top condition.

  • Fuel savings included

    Fuel and maintenance costs can be included in your lease agreement. Spend less on petrol and save even more with novated leasing.

  • Vehicle ownership option

    At the end of your lease, you
    can own the car. Gain full ownership with a simple balloon payment.

  • No upfront costs

    No need to pay a large upfront amount. Start driving your dream car with no heavy financial burden.

  • Wide car selection

    Choose from a wide range of cars that suit your style and needs. From electric to petrol, we’ve got it all.

  • 4-hour approval

    With applications processed fast, you can start driving
    sooner and get on the road in 4 hours.

Have any questions?

If you have any questions about novated leasing or how it can benefit you, our team at Novated Finance Australia is here to help! Whether you need more information about the leasing process, the vehicles available, or the tax advantages, we're happy to assist.

  • Approval can be completed in under 4 hours, so you can start enjoying your new ride as quickly as possible!

  • Absolutely! Novated leases are available for both new and used vehicles, giving you flexibility in your car choice.

  • Yes, you can use the car for personal and business purposes with no restrictions.

  • Yes, electric vehicles (EVs) and plug-in hybrid vehicles (PHEVs) are eligible for novated leasing. Choosing an EV through a novated lease can offer significant tax benefits and savings on running costs, making it an economical and environmentally friendly option.

  • At the end of your novated lease, you typically pay the residual value to own the car outright.

Save on tax and get into your dream car with a novated lease

Access the secret to how Australians are instantly saving up to $50,000 on an EV