Are you beginning a new job or considering switching employers?
If you’ve engaged in a novated lease with your employer, you can still enjoy its advantages after leaving the company as your novation agreement is entirely transferable! If your job comes to an end, you can continue making payments for the novated lease, which can be assigned directly to you rather than your employer. It’s also possible for a new employer to assume the lease obligations in certain situations.
Not happy with your current provider? Switch now and transitioning your novated lease to beCarWise!
If you’re dissatisfied with the quality of service provided by your current novated lease provider, consider switching your lease to beCarWise instead!
With us, you’ll receive a host of advantages, such as:
- A dedicated consultant to help you find your dream car within your budget and work with you throughout your lease.
- We can also assist with transferring your current car to a novated lease – whether your car is under finance or owned outright, your leasing consultant will look after the transition for you!
- Fast and efficient turnaround for reimbursement claims
- Flexible options throughout your lease
- Local and timely support with consultants located across Australia
- Exclusive discounts on your purchase price through our nationwide supplier network
How to transfer your novated lease to beCarWise
Our lease transfer procedure can be completed in just a few simple steps!
You get in touch with your employer and request for them to transfer your current novated lease to us.
We collaborate with you to gather all the info we need – like who your employer and financier are, and the specifics of your current lease. After that, we’ll take care of the rest by creating a quote and a deed of novation for your employer.
We’ll begin the transfer process – we’ll contact your employer and provide them with all the relevant information, including details about payroll deductions, frequency, and invoicing schedule. We make sure to supply everything they need to facilitate a smooth transfer!
After we’ve completed the necessary paperwork, we send the executed deed to your financier. We also collaborate with them and your employer to establish a simple structure for invoicing and deductions that works for everyone involved.
Once everything is in order, we take care of setting everything up, including your fuel card, and you’re all set and ready to go!
Read what our customers are saying about us
Our customers are more than just numbers. Helping them save and get their hands on their next car is why we do what we do.
Nothing short of amazing. The service I was given was excellent and the team was friendly and easy to deal with.
A massive thank you for all your help. I will be highly recommending your services to anyone in need of a novated lease.
I drive away today feeling over the moon and beyond exited with my new car! Thank you for making me feel comfortable.
Frequently Asked Questions
What happens if my new employer doesn’t offer novated leasing?
If your new employer doesn’t offer novated leasing, you can either:
Continue the lease privately: You can take over the lease payments directly, and we’re here to provide any assistance you need along the way.
Pay out the lease: You may choose to pay the remaining balance and residual value to own the vehicle outright.
Continue the lease privately: You can take over the lease payments directly, and we’re here to provide any assistance you need along the way.
Pay out the lease: You may choose to pay the remaining balance and residual value to own the vehicle outright.
What happens to my novated lease if I lose my job?
If you lose your job, the novated lease agreement with your employer ends. However, you remain responsible for the lease payments. You can simply transfer the lease to a new employer when you secure new employment, and our team can help you throughout the transition process, every step of the way. Read above to see how seamless transferring your lease with beCarWise is.
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