Novated Leases for Vehicles | Metro Finance

Novated Leases for Vehicles

Metro makes it easy for you to access your dream vehicle with our flexible salary packaging car options.

Why choose Metro?

Metro empowers hard working Australians by providing reliable and efficient service with a real human experience.

We offer cutting-edge financial products and work closely with our brokers to help them tailor quality financial solutions for their clients. With our entire team based in Australia, our expertise and fast responses are always within reach.

Go Green with EV Novated Leasing

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

Metro works with introducers.

Speak to your introducers or click here to be put in touch with one of our trusted introducers.

Novated Lease Benefits

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Salary Packaging Car Options

Novated leases offer the advantage of salary packaging, allowing employees to structure their salary in a way that maximises their take-home pay. By using pre-tax income to cover lease payments and associated vehicle expenses, employees can potentially lower their taxable income.

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Attract and Retain Top Talent

Providing novated leasing options to your employees actively creates a more attractive and competitive compensation package. This can be a valuable incentive for prospective employees, making your organisation more appealing to top talent.

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Convenience For Employees

Novated leases provide employees with a convenient and hassle-free vehicle ownership experience. This relieves employees from the burden of managing these aspects individually. 

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Transferable Lease

Novated leases often offer the benefit of lease portability. If an employee changes jobs, they can usually transfer the lease to their new employer, subject to their agreement.

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Professional Support

Our local team takes care of all the paperwork and documentation involved in the novated lease, including processing lease payments, tracking expenses, and providing regular loan statements.

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Flexible Vehicle Options

Choose a vehicle that suits your lifestyle and preferences. Whether it’s a compact electric car or a spacious SUV, the extensive range of vehicle options ensures that everyone can find the perfect drive.


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.

What we can finance

As one of the best novated lease companies, Metro offers a wide range of financing options within our novated lease program, including:

  • New cars from various manufacturers
  • Used cars
  • Electric vehicles (EVs)
  • Hybrid vehicles


How much will a novated lease cost me?

The cost of a novated lease can vary based on several factors. These factors include:

  • The length of the lease: Keep in mind that the length of the lease can impact your monthly payments, so it’s important to choose a term that fits your financial goals.
  • The type of vehicle you choose: The make, model, and specifications of the car you opt for will affect the overall expense. More premium or luxury vehicles typically come with higher lease costs, while choosing an economical or fuel-efficient option can help you save on monthly payments.
  • The running costs associated with the vehicle: A novated lease isn’t just about the lease payment itself; it also encompasses the running costs associated with the vehicle. These costs can include fuel, servicing, maintenance, insurance, and even incidental expenses like car washing. Including these expenses in your novated lease allows for convenient budgeting, but it’s essential to consider these running costs when calculating the total cost of ownership.

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 encompasses various components to simplify your vehicle ownership experience. These typically include:

    • Finance Payment: The lease payment for your chosen vehicle.
    • On-road Running Costs: These cover expenses such as fuel, servicing, maintenance, insurance, and even car washing. Including these costs in your lease 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. You have the flexibility to personalise:

  • Lease Term: Choose the duration of your lease that aligns with your needs.
  • Car Selection: Pick the make and model of the vehicle that suits your lifestyle.

Interior and Paint Colour: Customise the interior features and select the paint colour to match your style and preferences. Novated leasing is all about making the vehicle truly yours.

To get started with a novated lease, the best approach is to engage with your employer. They might have a preferred novated leasing provider and can help facilitate the process.

If your employer doesn’t have a preferred provider, don’t worry. We can assist by recommending trusted Metro providers to help kickstart your novated leasing journey. Our experts are here to guide you and get you behind the wheel of your new car sooner.

Commercial Finance

Competitive business loans for vehicles and equipment

Personal Finance

Flexible loan terms and competitive finance rates. ​

Novated Lease​

Salary packaged through an employer or salary packager. ​

Broker Portal

Efficient and easy to use, catering to all borrowing types.

If you’re ready to get your business moving, we’re here to help.

Our team can get you in touch with one of our trusted salary packager introducers.