1300 361 360

There are many options for vehicle finance suitable for a wide range of vehicle types, budgets and personal requirements. 

For those who need a vehicle that will be predominantly used for work purposes, a novated lease can be a cost-effective option. 

How does a novated lease work?

A novated car lease is an agreement between you, your employer and the lender, in which your employer pays the car loan repayments directly from your pre-tax salary. 

The car and finance are arranged in your name, and if you leave your employer, you retain the vehicle and take responsibility for the loan and repayments. You can get the lease re-novated with a new employer if they are willing to enter the arrangement. 

Insurance and warranty can be arranged to be included with the loan, making the process easier for you and giving you the protection you need for peace of mind. 

As the payments for your novated lease are taken directly from your pre-tax salary, you don’t need to worry about keeping up with your payments. 

Is a novated lease right for you?

There are numerous car finance options available, and it can depend on your needs, as well as your budget, as to what is best suited to your situation. 

If the reason you need a vehicle is primarily for work purposes, rather than personal use, then a novated lease may be a good financing option for you

You need to discuss with your employer if a novated car lease is something they’re willing to enter into, but there can be benefits for both you and your employer. 

One of the main benefits of a novated lease is that, depending on the car’s value, it can reduce your taxable income at no cost to your employer, potentially saving you money. 

The employer is also not responsible for the vehicle if the employee leaves, so they won’t be left out of pocket. 

Check if your employer offers novated leasing, and if you’re a full-time or permanent employee, you may be eligible for a novated lease.

If you’re considering a novated car lease, or need help with your vehicle finance, contact the team at 360 Finance. 

Getting a Novated Lease with 360 Finance

1. Contact our Commercial Team
Our Commercial Finance specialists will explain how a finance only Novated Lease works through 360 Finance and how it could reduce your tax and save you money.
2. Let us know your requirements
Let us know the type of vehicle you want and your budget. Our Procurement Team and Finance Specialists will work together to find your vehicle and your best rate finance.
3. We arrange everything for you
Once finance is approved and you have found a vehicle, we work with your Employer and the Lender to set up the finance only Novated Lease on your behalf.
4. You drive away in your car
Once everything is arranged, you pick up your car and your employer starts making your finance repayments on your behalf from your pre-tax salary.

What Our Clients Say

Neville Manson
Neville Manson
This is the 4th car loan where l have contacted Brock @360 finance. Brock is Awsome great communicator, friendly, professional & very helpful. I would highly recommend Brock if you are in need of a loan. Neville Portland Vic
mark armitage
mark armitage
Swift communication, easy online process and very responses service provided by Killian would highly recommended them for All financial requirements
Elisabeth Fekonia - Permaculture Realfood
Elisabeth Fekonia - Permaculture Realfood
Easy to contact and get great service from Brock
M R
M R
I gave up on Banks when they wanted your life story 360 Finance made it possible to buy my 4x4 plus dream caravan all under budget just be honest William the man found great deals for me he knew what I wanted and back me 150% he's your PA man! Onto it man! True story while I was out bush no signal he just cover all basic like finding the lowest interests insurance unbelievable price his services & patience is on point absolutely brilliant Thank you William
Connor Welsh
Connor Welsh
William was extremely helpful throughout the whole process
F Gagliardo
F Gagliardo
We had a great experience , Liam was very professional freindly and extremely understanding in preparing all our correspondence documentation. We would definitely recommend all our friends and family to Liam .
Greg Wood
Greg Wood
Kevin from 360 Finance was so helpful and went above and beyond to ensure our loan application went through with minimal fuss. There is always a redtape hiccup when loans are being requested but Kevin did all the hard work to make our experience stress free.
David blythe
David blythe
Liam from 360 Finance was helpful and informative through the whole process. The loan process went easy with the short time frame that was required.
Afghan Updates
Afghan Updates
360 finance is the best option to choose for finance a car i really recommend it
Austin Witt
Austin Witt
Can't thank Killian enough! he was so helpful and made the process so easy for me! Thank you Killian!
Google rating score: 4.7 of 5, based on 587 reviews

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