You choose the vehicle/s that is right for you, and then your employer makes loan payments on your behalf to the salary packager from your pre-tax income, thereby reducing your potential tax liability.
To find out more, read our guide on what is a novated lease?
Metro is an award-winning Australian non-bank lender that empowers Aussie customers with tailored financial products, backed by real people delivering reliable and efficient service.
We work closely with our Salary Packers to help them tailor quality financial solutions for their clients. With our entire team based in Australia, we offer deep expertise and fast responses to help keep our customers moving.
Metro offers competitive rates to secure the right lease deals for our customers. By leveraging our extensive network and industry expertise, we can present you with tailored leasing options that suit your budget and requirements.
Say goodbye to the hassle of managing vehicle-related tax obligations. Through our novated lease arrangements, you can enjoy potential tax savings by utilising pre-tax income for lease payments, reducing your taxable income and increasing your take-home pay.
Simplify life with our all-inclusive package. Metro novated lease covers not only the vehicle's finance repayments but also its running costs, including fuel, insurance, registration, servicing, and maintenance.
With our novated lease, you have access to a wide range of vehicles from reputable dealerships, allowing you to select a vehicle that perfectly suits your preferences and lifestyle.
Embrace a greener future and revolutionise your vehicle choice with MetroEco. As the world shifts towards sustainable transportation, we are proud to offer an innovative solution that combines the benefits of novated leasing with electric vehicles.
By choosing an EV through our program, you not only contribute to reducing carbon emissions but also enjoy a multitude of advantages, including long-term savings and access to government incentives, such as the
Speak to your introducers or click here to be put in touch with one of our trusted introducers.
There are a few simple steps when it comes to securing a novated lease with Metro. Here’s what to expect:
Don’t just take our word for it. See what our satisfied customers and accredited introducers have to say about their experiences working with Metro.
As one of the best novated lease companies, Metro offers a wide range of financing options within our novated lease program, including:
The cost of a novated lease can vary based on several factors. These factors include:
To get a clearer picture of the costs involved, it’s advisable to have a discussion with a reputable leasing provider and request a quote. This will enable you to compare options and make an informed decision.
A novated lease payment comprises of several elements that make up the monthly amount paid from your pre-tax income. Typically these include the finance payment on your chosen vehicle, along with the on-road running costs, such as fuel, servicing, maintenance, insurance, and even car washing. These costs are bundled together and can help you budget effectively and reduce the hassle of managing them separately.
Absolutely! Novated leasing offers a high degree of customisation to suit your preferences. Some areas you can personalise include the lease term and your car selection, which includes paint colour, vehicle specification and optional features to make your new car truly your own.
Yes. Novated leases often offer the benefit of lease portability. If you change jobs, you can usually transfer your lease to a new employer, subject to their agreement.
Flexibility of terms is one of the many great features of a novated lease, however many choose between three to five-year terms.
There are a variety of vehicles to choose from when selecting a novated lease, including both new and used vehicles. At Metro, our customers are able to lease petrol, diesel, hybrid and fully-electric vehicles. Our industry-first MetroEco product even offers discounted rates and flexible terms on a range of green vehicles.
Our team can get you in touch with one of our trusted salary packager introducers.
