The best way to finance a new car
A Novated Lease let’s you use your pre-tax income to pay for your car and its running costs – including fuel, insurance, registration and servicing – in one convenient regular payment.
A Novated Lease is often the best way for an employee to include the vehicle of their choice in a salary package, with tax advantages and fleet savings, so they can drive away in the car they have been dreaming of. It allows them to drive the vehicle they want – any make or model, without compromising their lifestyle.
Novated Leasing
An ORIX Novated Lease helps an employee to optimise their salary by offering fleet discounts, GST savings and a flexible and easy way to budget.
With traditional forms of financing, running costs and finance are paid with post tax dollars and include GST.
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Personal Loans
Personal loans don’t provide fleet discounts or tax savings, nor do they include discounted fuel and maintenance costs.
And unlike Novated Leasing, running costs will be charged at full retail price plus GST. This makes a Novated Lease an easy way to have the vehicle that fits any lifestyle – whatever the budget.
What is Novated Leasing?
A novated lease is a motor vehicle lease that allows an employee to include the vehicle of their choice in a salary package, helping to optimise their salary while offering flexibility and convenience. See our novated lease calculator to track potential savings, or click here if you're still asking, what is a novated lease?
Maximises income and save
Increased purchasing power and tax advantages enable employees to make the most of their salary and potentially take home more pay. It could save thousands on the purchase price and running costs of a new or used car, or even the car they currently drive.
Easy to manage
Simple repayments straight from salary cover the finance and running costs, to create easy budgeting.
Just set and forget.
Discounts at every step
Unlike personal finance, discounts can be achieved on the purchase price, fuel, running costs and maintenance.
Flexible and Transparent
With a Novated Lease, online access to vehicle information enables full transparency and reporting every step of the way.
Is it for me?
Thinking that Novated is only for those on a high income?
Or that it is better to add a motor vehicle to a home mortgage or take out a personal loan?
Think again.
It is only with a Novated Lease that fleet discounts and tax advantages can be combined to create a fantastic benefit for employees.
How much can be saved?
See how little it will cost to drive a brand new car through an ORIX Novated Lease, try our Novated Lease Calculator.
Request a quote
To find out how easy it is to afford a brand new car, and to learn more about the benefits and savings that can be achieved with a Novated Lease, contact the Novated team at ORIX for a quote.