CarFinance.com.au have access to a panel of lenders who can help you and your employer find a novated lease to suit your needs.

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Novated Car Lease

A novated car lease is an agreement between the employee, their employer and the company financing the vehicle. It is becoming a popular way for businesses to provide employees with company cars.

Essentially the agreement is similar to a car lease agreement between the employee and the lender. The novation agreement is then entered between all parties with the responsibility for the lease rental commitment moving to the employer so long as the employee remains with the business. When the employee leaves the business, the novation ends and the ongoing responsibility for the lease returns to the former employee.

Advantages of a Novated Car Lease

Vehicles acquired this way offer benefits to both employees and the business:

  • The employer can remove the vehicle fleet from their balance sheet.
  • It also in some circumstances the ability to eliminate the administration and maintenance costs with managing a fleet.
  • Gives the employer the ability to negotiate payment of vehicle running costs with employees.
  • Freedom for employees to choose their own vehicle while enjoying the benefits of a company car.
  • No on-going business responsibility for the vehicle if the employee should leave.

Call us for more information about a novated car lease or any other business car finance. 1300 889 669 or apply online.

Why choose us

Low Interest Rates

Low Interest Rates

Select from among the lowest interest rates in the Australian market today

Fast approval

Fast approval

Our trained consultants will structure your finance for fast approval and minimal red tape

Reputable Australian Lenders

Reputable Australian Lenders

Choose leading finance products from our select panel of reputable Australian lenders

100%, NO-Deposit finance available

100%, NO-Deposit finance available

No deposit? No problem! We can help you finance the total amount for your new vehicle

You´re in complete control

You´re in complete control

We put you in the driver’s seat. You choose the car finance that suits you best

Flexible structure & terms

Flexible structure & terms

Terms from 12 to 84 months with fortnightly or monthly repayment options

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