Buying a new car doesn’t have to be a financial burden. When you work with us at Buddii to secure your finance, you’ll discover a world where car finance leasing is made simple!


There are far more important things to worry about with your work and business, so leave the heavy lifting to us and let us find the best novated lease for you.

Are you currently working a job with employee benefits? Does your employer offer salary packaging? Maybe you just want a tax-effective way of sorting out a new car purchase? If you answered yes to any of these questions, then a novated lease might be the perfect solution.

Buddii is your trusted team for quality, transparent novated leases. Discover a world of taxation benefits and cheaper running costs when you have a novated lease vehicle.

What Exactly is a Novated Lease?

A novated lease is a car loan, except that instead of being between you and a financial institution or a lender, the agreement takes place between you, your employer and a financial company. Your employer agrees to take on responsibility for the lease, but the payments are made from your pre-tax pay. So what this means is that you can package the costs of a brand new car while saving GST and paying less tax!

The transfer and rights for the novation are agreed in a deed which exists between your lender, your employer and you. When you have paid off the loan or leave the company, the lease obligation transfers back to you.

It’s a Payroll Deduction that Covers All Your Running Costs

  • Fuel
  • Registration
  • CTP
  • Servicing and maintenance
  • Insurance
  • Tyres
  • 24 hour roadside assistance

What Kind of Car Can I Buy With a Novated Lease?

You can buy any car of any make and any model when you purchase using a novated lease in Australia.

  • New car (potential for access to fleet discounts)
  • Second-hand car (though there will be some restrictions as far as age and value are concerned)
  • Your current vehicle (under a sale and lease agreement)


At Buddii, we are proud to also be able to help you save on the overall purchase price and find your new car faster through our exclusive partnership with trusted Australian automotive groups. We can give you access to thousands of new and used cars at leading dealerships throughout the country, all backed by our personalised service and attention to detail to ensure your new car and car finance leasing ticks all the boxes.

Residual Value for Novated Leases

Something you need to consider when it comes to taking out a novated lease is the residual value of your car, or the amount of money left over on your car at the end of your financial period. This amount attracts GST and is worked out starting from the beginning of your lease. Once your loan term has expired, you can either pay the balance of the novated lease or renew your finance.

The loan experts at Buddii will work closely with you to determine your needs, lifestyle and financial situation to match you with a novated lease with the right terms for you. We’ll also be there from beginning to end, making sure you understand what’s involved with your car finance leasing and that it continues to be a benefit to both you and your employer.

How Do I Know if I Can Get a Novated Lease?

Not everyone can get a novated lease – your employer needs to offer salary packaging as part of their payment options before you can qualify for a novated lease. Novated leases are classified as a commercial finance product, and as such, they can only be used for a vehicle that is primarily used for business purposes.

A novated lease can offer exceptional benefits to consumers and employers alike, and at Buddii, we offer novated leases with full disclosure and transparency so you always know where you stand.

Work With Buddii for the Best Novated Lease Options

When you choose Buddii for your novated lease, you will enjoy access to some of the very best loan products and options

  • Flexible novated lease terms ranging in duration
  • Access to some of the lowest interest rates available
  • Access to potential savings on car running costs
  • A fixed interest rate for the duration of your loan
  • Fixed repayments

Enjoy the Benefits of a Novated Lease Today

Start reaping the rewards of car finance leasing with Buddii. Our experienced loan brokers will work hard for you to uncover the perfect finance solution for your circumstances. We believe in matching our clients with the right lender, affordable rates and terms that work for you, and we won’t stop until we find you the perfect product.

We’re dedicated to your happiness, so pick up the phone and give us a call on [phone number] or get started today with our online contact form.