St. George BankNovated Lease
As part of our salary sacrificing arrangements you can lease a car and pay your lease and running costs from your pre-tax salary with our Novated lease offering
At a glance
- Pricing
- Rates on application
- Loan size
- $15,000 to no maximum
- Upfront fee
- $500
Fees
7 fees published, grouped by when they're charged.
- When you take it outUp to $5003 fees, each listed below
- While you hold itNo fee published
- When you close it or pay it offVariesEarly Termination Fee
When you take it out3
- Asset Inspection Fee
Applies where we, or one of our agents is required to inspect the Equipment being financed. This fee is payable on or before the settlement date. Note: Sometimes we may require an agent to inspect th…
$150 - Establishment Fee
Charged to cover the costs of originating your Goods Loan, Hire Purchase or Lease and payable by you on or before the settlement date.
$500 - Legal Fees for Complex Documentation
Where we require external Lawyers to document some or all of your contract documentation, we will advise you of this fee before proceeding. It will be payable on or before the settlement date
Varies
When particular things happen3
- Break Costs
Refer to your Goods Loan, Lease or Hire Purchase Details and the Auto & Equipment Finance General Terms you were provided with for an overview of how this fee is calculated. Break costs are not a fix…
Varies - Overdue interest (Default / Penalty Interest)
This charge applies on overdue amount from the time it's due until it's paid
0.00% of interest accrued - Personal Property Security Fees
Personal Property Security Fees apply when search and registration fees are applicable. Where charged individually, these will be itemised on your Details and for the current costs, please refer to t…
Varies
When you close it or pay it off1
- Early Termination Fee
Applicable when you terminate your Goods Loan, Lease or Hire Purchase early and is charged at an amount equivalent to three monthly payments. We work this out by adding up the total repayments, divid…
Varies
Features
- Flexible repayment terms are available for the product
- A Finance Lease that is novated to your employer so that they take on the responsibility for paying the rentals while you remain an employee with them.
- With respect to ownership we own the vehicle and you rent it from us.
- Potential tax benefits: Rental payments are tax deductible.
Eligibility and limits
- Available to businesses
- Amount from $15,000, no maximum
- Minimum term of 1 year and Maximum term of 7 years
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Published by St.George Bank under the Consumer Data Right, last changed by them on 6 Nov 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.