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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