Novated Lease

A Novated Lease Is NOT Just For Business Owners Or Fleet Buyers

A Novated Lease is a car financing alternative that allows ANYONE to take advantage of the tax system to dramatically reduce the net cost of buying and running a vehicle.


A Novated Lease is an agreement between your employer, yourself (the employee) and the financier, which amounts to a transferral of the obligation to meet the lease rentals under the finance lease from yourself to your employer. As an employee, a Novated Lease enables you to drive the car of your choice and to take that car with you if you change jobs.

As an employer, it eliminates the financial burden of having to have the vehicle listed on the company books and of having to dispose of it should the employee leave. You simply pay the lease rentals on behalf of the employee during their employment with you. That is the beauty of a Novated Lease.


You choose the car you want. Using our novated leasing calculator, you can quickly work out how much we can save you. Then simply contact us to get the ball rolling.


We arrange with your employer to set up the lease and to arrange salary deductions for the lease payments, using a combination of pre-tax and post-tax income.


The vehicle purchase price, insurance, fuel, maintenance and tyres are all bundled into the single salary deduction to maximise the tax savings and eliminate the hassle of budgeting for running costs.


You can relax knowing that your total vehicle outlay is effectively being subsidised by the tax man, giving you massive savings over a traditional car loan. Just click below to find out how much.

Savings Comparison Table

Key Features – Employees

Enjoy unconditional use of the car of your choice, because the lease is portable – you have the option to take the car with you when you change jobs, flexibility in structuring your remuneration package and you may be able to take advantage of fleet discounts and other benefits. A Novated Lease preserves the equity you have built up in the car so you can use it to upgrade or change over to a new vehicle.

Employers Benefits

Balance sheet ratios are unaffected by motor vehicle liabilities, the company’s borrowing power remains intact, you can attract new employees by offering to package a motor vehicle of their choice as part of their salary, no unwanted car or disposal problems when the employee leaves, as your lease obligation ends with their termination of employment, the company can claim eligible income tax deductions for lease payments and motor vehicle running costs.


Flexible repayments – lease rentals are met by the employer as part of your salary package with flexible terms – choose the length of the lease. The life of a lease usually depends on two things: how much you want to pay per month, and the life of the asset.

What is a Sale & Lease-back Package?

As the name suggests, you sell your vehicle or equipment to the finance company for an agreed price and we lease it back to you via a Finance Lease. We have Sale and Leaseback packages available for vehicles and equipment purchased within 6 months at the time of application.

Major Benefits to Your Business:

Allows return of working capital to your business. Fixed payments allow for more accurate budgeting and protect you against interest rate fluctuations. Rentals are fully tax deductible if the vehicle or equipment is used in generating taxable income. Direct debiting of your monthly payments can be arranged saving you time and money.

No headaches–we do all the work.

ClickON Car Loans can source the vehicle and fleet pricing, then quote up your novated lease. We handle your application, documentation and settlement–all you need to do is pick up your car.

It’s easy–here’s how it works.

We package up your running costs–from rego and fuel to insurance, service and maintenance. Our partners at FleetPartners bill your employer fortnightly, and walk them through the setup.

Your Next Step…

Call us today on 1300 022 044 or ClickON for a QUICK QUOTE.