Novated lease

Drive your salary further with an Audi Novated Lease

A Novated Lease is a three-way agreement between you, your employer and Audi Financial Services that allows you to pay for your vehicle from your pre-tax income – which could save you money. With the option to bundle all your major running costs into the same easy payment as your vehicle, including registration, compulsory third party insurance (CTP), comprehensive insurance, charging/fuel and maintenance, enjoying a vehicle has never been easier.

Potential benefits to you

  • Reduce your income tax by paying for your new Audi through pre-tax salary
  • Save GST on the vehicle finance
  • Flexible finance terms of up to 5 years
  • Budgeting made easy with the option to bundle all your running costs into one payment, automatically deducted from your salary by your employer each pay cycle

How it works

1. Select your Audi – new or used (vehicle must be less than 8 years old at the end of the lease)

2. Check to see if you’re eligible for an Audi Novated Lease with your employer

3. Submit a credit application through your preferred Audi Dealership 

4. Sign the lease agreement – your employer will need to sign the novation agreement 

5. Pick up your Audi  

 

 

If you change jobs, you simply take the vehicle with you and continue to make the vehicle finance repayments directly or transfer your novation agreement to your new employer. If you or your new employer choose not to have the novation agreement transferred to your new employer, the finance payments will be for the vehicle only and will need to be made from your post-tax salary and you will not have the option to bundle running costs into your payment.

Ready for your new Audi? Talk to the Business Manager at your preferred Audi dealership. They can walk you through your options and help you find the right finance solution for you.