A Novated Lease allows you to own your new Volvo sooner. It’s simply an agreement between you, your employer, and Volvo Car Financial Services. We lease the vehicle to you, and your employer makes payments from your pre-tax income for an agreed length of time.
• Save money by paying for your new Volvo from your pre-tax income. • No annual charges or account keeping fees. • Flexible loan term of up to 5 years. • Option to bundle your registration, Compulsory Third Party insurance (CTP), comprehensive insurance and on-road costs with your monthly payments. • Employers could attract and keep talented staff with cost effective finance and tax-deductible repayments.
If you’ve got your eye on an upgrade, you can take out a new lease and upgrade to the newest model at the end of your agreement. If you end up leaving your job, your new employer will have to take over the novated lease payments by renewing their novation agreement.
Please read the Target Market Determinations (TMD) document for our Financial Services products. This document ‘Target Market Determination’ describes who a product is appropriate for (target market), and any conditions around how the product can be distributed to customers.