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Novated Lease

Chattel Mortgage
Lendrive Chattel Mortgage Mobile

Lendrive Finance provides Novated Lease loans. A novated lease is a three-way agreement between the lender, the employer and the employee. In short this is how it works.

Firstly you enter into a novated lease agreement with the lender. Then your employer signs the novation agreement with the lender. Then your employer will pay the lease repayments and deducts the cost of the lease from your pre-tax salary.

If you have a salary sacrifice agreement offered by your employer then Lendrive can help you get a car lease. Then your employer will deduct these payments and Fringe Benefits Tax (FBT) from your pre-tax salary and decrease your net taxable income, this often saves people thousands of dollars in the process.

What are the benefits of a Novated Lease?

Lendrive Novated Lease

Lenders and Banks

Applying is Easy

Apply Now in under 5 Mins or Give us a call.  We will give you your interest rate quote and options available without affecting your credit score!

We will call you within 30 Minutes.

This will not affect your credit score

Personal 

You must be:

  • 18 years or over
  • Permanent Australian resident
  • Currently employed and have a regular income
  • Have a good credit history for the last 5 years *
  • Free from bankruptcy for the last 7 years
 
* Paid defaults under $2000 may be considered
Business 

You must be:

  • 18 years or over
  • Permanent Australian resident
  • ABN registered for over 6 months and have a regular income
  • Have a good credit history for the last 5 years *
  • Free from bankruptcy for the last 7 years
 
* Paid defaults under $2000 may be considered
Why Choose Lendrive
Best Lenders
We work with over 40 of Australian’s best lenders to bring the most choice for your loan, a hassle-free process, the most competitive interest rates and fast approvals.
Flexible Options
Trade in, New Car, Used Car, Vans, Truck, Personal or Business. Lendrive Can Help.
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We use experience and award winning software to match you with the best loans
Ongoing Support
Even after your loan has settled, Lendrive is still here to help.
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