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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

mark rollasonmark rollason
05:02 15 Jul 24
Great help and understanding from Kathy Brain hope you have more employees like her . And if any one needs a loan I'll send them to her. Thank you 😊
02:51 15 Jul 24
Had a really great experience with Brock.Was very quick to get loan sorted and he made the process very easy
Gordon BrownGordon Brown
05:50 12 Jul 24
Kathy was absolutely fantastic and so helpful. I would highly recommend with no hesitation .
James DuttonJames Dutton
02:54 12 Jul 24
Wow!!! What a team. Special Praise to Scott though. He made the whole transaction seamless and his empathy towards getting me the best rate was nothing short of exceptional.Give them a go!!! You will not be disappointed.
anne whealinganne whealing
05:01 11 Jul 24
Will was wonderful. Made the process of getting loan easy. Kept myself and seller in the loop. This is my second finance with 360.It took the stress away and made the process simple. It nice to share a laugh with my bean counter also. Thanks again Will!
Eleanora MesinzovaEleanora Mesinzova
00:32 10 Jul 24
From start to finish Kathy has been an absolute super start. Her friendly demeanour, hard working ethic and her above and beyond approach made a first time experience such a positive one. I cannot sing praises for her enough. Kathy made the whole process smooth and easy for me as a first time loan applicant and car buyer. She has a great knowledge of the industry and did not hesitate to answer my questions or reassure me when there was unease. I wish I could give more stars. Thank you so much for all your hard work and efforts, truly,from one appreciative customer.
Fiona ShannonFiona Shannon
02:43 06 Jul 24
This was our second time using 360 finance for a new car purchase. Kathy made it an easy process and kept us updated along the way. She took the time to understand our needs and met our budget requirements. We would definitely recommend 360 Finance!
Margaret WattsMargaret Watts
02:19 05 Jul 24
I was fortunate to have Alex help me, he was fantastic, he was very helpful, and patient, he explained and guided me step by step through the whole process of applying for loan. Alex was approachable,, friendly, and respectful, he was always in contact. I am so very grateful for all that Alex did for me. I would highly recommend him to anyone for his financial advice and experience.
Neville MansonNeville Manson
05:08 03 Apr 24
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.NevillePortland Vic
mark armitagemark armitage
22:34 02 Apr 24
Swift communication, easy online process and very responses service provided by Killian would highly recommended them forAll financial requirements
Easy to contact and get great service from Brock
06:36 31 Mar 24
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 WelshConnor Welsh
21:01 28 Mar 24
William was extremely helpful throughout the whole process
Precision PrecastPrecision Precast
00:11 28 Mar 24
Kathy from 360 Finance has made the experience of getting finance for my truck for my bussiness the most simple and carefree experience i have ever had. she was extremely professional and handled every situation from our first conversation till the very end. I highly recommend her if finance is what u are after.Thank you for all your hard work Kathy
Tracey WatsonTracey Watson
06:08 25 Mar 24
Dealing with William has been an absolute pleasure. He talked me through every single step, making sure I understood completely. As a result, he was able to get me a loan and insurance in just a few short days. I would 100% go back to him in the future. Can’t wait to pick up my new Nissan X-Trail.
Leah HarrisLeah Harris
21:14 22 Mar 24
Ben was so fantastic through the whole process. Just when I thought about giving up on getting a car he made my new car dreams come true!His communication was clear and was available for any questions I had at times that suited me. The process of buying the car was so quick. He settled my car purchase In only a couple of hours.I cannot recommend him enough.
Claudia KargboClaudia Kargbo
07:32 21 Mar 24
Kathy you are amazing 🤩!This was the most smoothest process I have ever gone through. Kathy was attentive and kept updating me through out The whole procedure. I had so much confidence knowing she was looking for the best deal possible for me.360 finance were easy to get in touch with, I didn’t have to wait days for an outcome or stay on hold for hours to talk to finance broker. I would highly recommend 360 Finance if you’re looking for a reliable, fast and genuine finance broker.Thank you so much Kathy and 360 finance.Best service ever 😊
Zoe YearkZoe Yeark
04:42 12 Mar 24
Killian has helped me get out of my old beat up car into my brand new car, he was easy to talk to, communicated with us every step of the way, he made the process easy for us from start to finish. Thank you Killian, I will be definitely recommending you to anyone I know looking for their dream car.

At today's lowest car finance rate of 6.52%
(Comparison rate 7.76%) you'll pay approximately...

$ per *

At today's lowest car finance rate of 6.52%
(Comparison rate 7.76%) you can borrow approximately...


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