Novated Lease Explained

Welcome to the TFM novated lease tutor. Here you can get the run-down on all things novated lease. Uncover how it works at a high level or investigate it in detail, it's up to you.

Information contained in the TFM novated lease tutor is based on information relevant to a novated finance lease only. It is recommended that you seek appropriate advice from a taxation consultant or financial adviser. Toyota Fleet Management is a division of Toyota Finance Australia Limited ABN 48 002 435 181. AFSL and Australian Credit Licence 392536.

A trusted brand

Toyota's steadfast values of reliability and trust are built into TFM and in every product we provide. Our novated leases are designed to be a simple, transparent and tax-effective way to get into the car you want.

Transparent

Unlike many of our competitors, TFM prides itself on being transparent, while also providing competitive interest rates, fees and charges.

TFM are in the unique position of using our own funding sources so we can be completely open about our interest rates and fees.

Buying Power

Take advantage of TFM's buying power on your car purchase, finance, fuel, servicing and maintenance.

Dedicated Experts

At TFM, we have a team of dedicated novated lease experts who are here to help you understand the many advantages of a novated lease. While novated leasing may seem complicated, we make it simple from start to finish.

Now learn about beginning a novated lease

Discover all you need to know before you embark on your novated lease journey.

Take a look at your new novated lease with TFM today

Call us direct on

1300 888 872

Try calculating your novated lease with our calculator.

Calculate

Tell us your details so we can get in touch with you.

Email us

Novated Lease Explained

Welcome to the TFM novated lease tutor. Here you can get the run-down on all things novated lease. Uncover how it works at a high level or investigate it in detail, it's up to you.

Information contained in the TFM novated lease tutor is based on information relevant to a novated finance lease only. It is recommended that you seek appropriate advice from a taxation consultant or financial adviser. Toyota Fleet Management is a division of Toyota Finance Australia Limited ABN 48 002 435 181. AFSL and Australian Credit Licence 392536.

The whole package

Get into any car with a novated lease. This popular salary-packaging tool is a tax-effective way to free up your cash. It includes running costs with flexible terms, and is simple to set up.

Everyone wins

A novated lease from TFM offers advantages all round. From tax savings and discounts through to flexibility and convenience, both employers and employees can reap the benefits.

A great deal

A novated lease from TFM is extremely competitive, with transparent rates, fees and charges.

Residual Values & FBT

TFM's novated leasing experts are here to help you discover just how easy and rewarding novated leasing can be and debunk the myths around things like residual values and FBT.

All things considered

Before you enter into a novated lease, there are a few things you may want to consider.

Getting Started

Now you're ready to get started, see how easy it is to get an estimate. You can even compare it to a car loan or cash, then start the application process.

Now learn about running a novated lease

Discover all you need to know about running your novated lease and how TFM make it so easy for you.

Take a look at your new novated lease with TFM today

Call us direct on

1300 888 872

Try calculating your novated lease with our calculator.

Calculate

Tell us your details so we can get in touch with you.

Email us

Novated Lease Explained

Welcome to the TFM novated lease tutor. Here you can get the run-down on all things novated lease. Uncover how it works at a high level or investigate it in detail, it's up to you.

Information contained in the TFM novated lease tutor is based on information relevant to a novated finance lease only. It is recommended that you seek appropriate advice from a taxation consultant or financial adviser. Toyota Fleet Management is a division of Toyota Finance Australia Limited ABN 48 002 435 181. AFSL and Australian Credit Licence 392536.

Managing your running costs

TFM makes the process of managing your lease simple. We take care of all your running costs including fuel, servicing and maintenance, replacement tyres, registrations/CTP renewal, insurance, roadside assistance. So you can save time and money.

Change Employment

If you change employer, we can help you transfer your lease to your new employer. If your new employer is not able to take on your novation, TFM can assist you with other finance options.

Kilometres & Budgeting

If for any reason you exceed your kilometre allowance, TFM can explain the impact to the on-going budgeting of your lease.

Access & Modify

TFM provides online tools to monitor your lease budget at any time so you can keep an eye on your budgets and running costs. And if you end up over- or under-spending on your budget, TFM will help with a reconciliation and modify your lease accordingly.

Help & FBT

TFM is on hand to talk you through any elements of your lease that you're not clear on, including things like understanding FBT.

Sell car or payout lease

If for any reasons your circumstances change, TFM can also assist if you choose to sell your car or payout your lease before your lease is over.

Now learn about ending a novated lease

There are some things to consider when the end of your lease is approaching. Discover what options are available to you.

Take a look at your new novated lease with TFM today

Call us direct on

1300 888 872

Try calculating your novated lease with our calculator.

Calculate

Tell us your details so we can get in touch with you.

Email us

Novated Lease Explained

Welcome to the TFM novated lease tutor. Here you can get the run-down on all things novated lease. Uncover how it works at a high level or investigate it in detail, it's up to you.

Information contained in the TFM novated lease tutor is based on information relevant to a novated finance lease only. It is recommended that you seek appropriate advice from a taxation consultant or financial adviser. Toyota Fleet Management is a division of Toyota Finance Australia Limited ABN 48 002 435 181. AFSL and Australian Credit Licence 392536.

Lease end options

There are a number of options when the end of your lease comes around. They include returning the car, making an offer to purchase the car or extend the lease.