NOVATED LEASE

Novated Leasing is a finance arrangement used with salary packaging, where your employer pays for your Lexus finance and vehicle running costs directly from your salary.

You select the Lexus vehicle of your choice and an agreement is set up between you, your employer and Lexus Financial Services (LFS). Your employer makes payments to LFS directly from your salary.

You can enjoy the convenience of motoring whilst saving on tax and running costs including fuel, maintenance and tyre purchases.

AS AN EMPLOYEE NOVATED LEASE OFFERS THE FOLLOWING BENEFITS:

  • Tax-effective financing through pre- and post-tax salary deduction.
  • Control and flexibility - drive the Lexus of your choice that suits your lifestyle.
  • Convenient motoring - with the option to include all vehicle running costs.
  • Fixed payments for the term of the Novated Lease.
  • Flexibility with a range of lease terms from 1-5 years.
  • The potential to access Fleet discounts through Lexus Financial Services.
  • Competitive servicing, maintenance and tyres
  • Further savings with a fuel card.

FREQUENTLY ASKED QUESTIONS

CAN I CHANGE MY PAYMENT AMOUNT?
Provided your payments are not less than the minimum monthly repayment, you can change the amount by accessing the Payment Details page.

Please be aware that for Lease contracts there are no interest savings to be gained by making additional or increased payments. Please contact our Lexus Financial Services Customer Solutions Centre on 1300 888 840 if you would like further information.
WHAT TYPES OF FINANCE ARE AVAILABLE FROM LEXUS FINANCIAL SERVICES?
Lexus Financial Services offers a range of financing solutions for both personal and business use vehicles. Finance can be conveniently arranged at your local participating Lexus dealership. For further details of the types of finance products available visit the Lexus Financial Services section of the Lexus website, email us, or call 1300 888 840 for more information.
HOW CAN I GET FINANCE WITH LEXUS FINANCIAL SERVICES?
Your Lexus Dealer can assist you with all your finance needs for your next Lexus. Simply click here to contact your local Dealer.
CAN I SELL MY CAR WHILE IT IS UNDER FINANCE?
Lexus Financial Services holds security over all vehicles financed with us. If you have a Business Vehicle Loan or Consumer Loan, you may negotiate with a purchaser to sell your car, however you are obligated to pay your loan in full upon the sale of your financed vehicle.
Footnotes The information provided by Lexus Financial Services, a division of Toyota Finance Australia Limited ABN 48 002 435 181, AFSL and Australian Credit Licence 392536 is of a general nature and for information only. Nothing on this website constitutes or should be considered to constitute legal, taxation or financial advice. Before making a decision about any of the products and services featured on this website, you should consult with your own independent legal, taxation and financial advisors, who can advise you about your personal circumstances The Lexus Financial Services Novated Lease product is administered by Toyota Fleet Management, a division of Toyota Finance Australia Limited ABN 48 002 435 181, ASFL and Australian Credit Licence 392536.

Approved applicants only. Terms, conditions, fees and charges apply. A minimum loan term of 12 months applies. The maximum loan term will vary depending on the finance product selected and will be subject to Lexus Financial Services policy and procedure. You may be required to pay a deposit for capacity reasons. Additional interest charges will accrue if you select a balloon final payment option and early termination fees may apply if you elect to make additional repayments during the loan term.