What's a novated lease?

Novated leasing is a finance arrangement used with salary packaging, where an employer pays an employee's vehicle finance and running costs from their pre and post-tax salary.

Employee Novated lease benefits

Toyota Finance offers the whole novated lease package for a whole lot less.

• Choose the car that suits your lifestyle, any make or model
• Tax-effective financing through pre and post-tax salary deductions
• We believe we can offer the best interest rates in the market
• Transparency across all rates, fees and charges
• Take advantage of Toyota Finance's buying power on the cost of vehicle Further savings with a Toyota Finance Fuel Card
• Competitive servicing, maintenance and tyres
• Further savings with a Toyota Finance Fuel Card

Employer Novated lease benefits

We take the hassle out of setting up a novated lease program for your employees.

• Allows you to attract and retain valuable staff
• Add value to an employee's remuneration package
• Simple administration through one monthly invoice
• Ensures vehicles aren't assets that impact your balance sheet
• Toyota Finance experts supporting you and your employees throughout the lease
• Keeps the vehicle with the employee, even if they move on
• Can be integrated with Salpac, Toyota Finance's salary packaging and payroll management program