The Premier Choice for Novated Leasing
Choosing Newcastle Commercial Finance for your novated lease means opting for expertise, tailored service, and long-term support.
Let us simplify your leasing experience so you can focus on enjoying the benefits of a novated lease.
What is a Novated Lease?
A novated lease is a popular vehicle financing option in Australia, especially for employees looking to use pre-tax income to pay for a car. Essentially, it’s a three-way agreement between you (the employee), your employer, and a finance company.
Here’s how it works: the employer agrees to deduct lease payments from your pre-tax salary, lowering your taxable income and thereby offering potential tax benefits. Meanwhile, the finance company provides the vehicle, and you get the flexibility to drive the car of your choice without the need for a traditional car loan.
Benefits of a Novated Lease.
Tax Savings: Since payments are deducted from your pre-tax income, you may reduce your taxable income, resulting in tax savings..
Flexibility: Unlike traditional car loans, a novated lease allows you to change vehicles or lease terms to suit your lifestyle or job requirements.
Reduces Business Costs: For employers, offering a novated lease can help attract and retain top talent while managing employee benefits cost-effectively.
Why Choose Newcastle Commercial Finance for Your Novated Lease?
With years of experience in novated leasing, we provide informed advice to ensure you maximize tax savings and select the best vehicle financing options.
We work with small. large and enterprise businesses to customize lease agreements that fit lifestyle, tax, and budgeting goals.
We handle all the logistics, from paperwork to negotiations with the leasing company, so you can focus on enjoying your new vehicle with peace of mind.
Our team offers ongoing support throughout the lease term, addressing any questions about managing or updating your lease agreement.