Novated Lease
Novated Lease
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
