Novated Lease

Many employment contracts now include a car as part of the package.

With a novated lease, the employee actually chooses the car and leases it from the financier. The employer then novates the lease from the employee and basically takes over the responsibility of making the rental payments.

Suitable For:

  • Businesses that have employees who spend a reasonable amount of time on the road or who want a car as part of their employment package.

Benefits For Employer:

  • This structure gives you the ability to provide a car for an employee without having to show it on the balance sheet.
  • If the employee leaves, the car and the lease go with the employee.
  • Fixed Interest Rates

Benefits For Employee:

  • You choose the car you want and use it without having to make the repayments.
  • If you change jobs, the car and the lease change with you.


  • Term 1 – 5 years
  • $10,000 +
  • Fixed Interest rate
  • Flexible repayments and methods available

RTF Financial Services are a part of the S3F Group

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