Novated Lease
Car financing through salary packaging
Car financing through salary packaging
A novated lease is a great way to finance new cars for employees through salary packaging. It offers benefits for both employees and employers and operates similar to a finance lease.
Under a novated lease, an agreement is made between BOQ, the employee and employer.
Upon completion of the novated lease period or on termination of the employee's employment, the employee will be responsible for the finance lease.
For important information on Equipment and Vehicle Financing, view our Terms and Conditions below.
Whether you’re ready to apply or you’d like to know more, one of our business specialists will be happy to help and provide more information.
Acquire your business equipment over time
Obtain the business equipment and vehicles you need through a hire purchase loan, where you pay hire charges over a fixed period.
An equipment finance option where you own the asset
Own your own equipment upon purchase through repayments that are mortgaged to BOQ Equipment Finance Limited