Platinum Direct Finance Novated Lease Program is perfect for businesses that want to provide a salary packaged car without spending valuable time managing maintenance or driver issues.

By combining Car Finance via a Novated Lease agreement with budgeted running costs, such as fuel, registration, insurance and maintenance, a Novated Lease Vehicle Program will manage the entire process for you from beginning to end. You’ll also avoid being left with unwanted company vehicles.

How does it work?

The employee chooses the car they want and estimates the annual kilometres they’ll travel. We calculate a total cost with finance for the vehicle and budgeted running costs covered by one simple monthly deduction from the employee’s pre-tax salary. If the employee leaves, they keep the car and make the payments. In some cases they can even arrange for their new employer to take over the lease.

Benefits to business

No risk of being left with unwanted company vehicles if the employee leaves they take the vehicle and payments with them.
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