6 November 2017

The lease for the car is with the employee and not the employer, giving employees the choice of making the monthly payments through payroll or directly from their bank account.

Novalease is an innovative solution for employers looking to provide a car employee benefit solution.

The lease for the car is with the employee and not the employer, giving employees the choice of making the monthly payments through payroll or directly from their bank account.

The truly unique feature with Novalease is that with both options, the lease for the car is with the employee and not the employer.

This concept has been a key differentiator for the Novalease scheme since its launch in the UK in 2012 with over 100 schemes now in place. 

 

Employer Key Features

  • The lease is with the employee
  • No employer risk or liability
  • Lease remains off balance sheet under new lease accounting standards
  • Employee has choice of payment via payroll or direct debit from their bank account
  • No employer administration for damage, fines or excess mileage – no recharges to the employer
  • FCA regulated providing full consumer rights for your employees, but no need for a consumer credit licence
  • HMRC Compliant
  • Fully outsourced scheme administration
  • No costs at setup or ongoing

Employee Key Features

  • Fuel & Go - Fixed payment includes all costs related to running a vehicle with exception of fuel
  • Access to corporate discounts and corporate finance rates
  • Choice of payment via payroll or direct debit from their bank account
  • Will be subject to credit check to ensure affordability
  • Full consumer rights and protection
  • Fully portable – can take the car to new employer or deal with us direct at same rates
  • Access to all makes and models

Web Portal Access

Novalease is supported by a comprehensive quotation and vehicle ordering portal, allowing employees to access special offers, compare vehicles side by side and place orders.

Contact us on 0344 854 5161 and find out what employee benefit best suits your business.

Your employees will have access to special offers providing them with further savings on selected cars. Below are a few examples of previous special offers.

 

  • Fiat 500 Hatchback 1.2 Pop 3dr

    £190.00^P/M

    No deposit with everything included*

      Enquire Now

    Request a Brouchure

    Request a Brouchure

    Call 1800 743 262 or submit the form below. All fields are required.

    Submit

    Thank You

    Your request has been submitted.
    We will be in contact soon.

    Close
  • Mini Cooper Hatchback 1.5 3dr

    £259.00^P/M

    No deposit with everything included*

      Enquire Now

    Request a Brouchure

    Request a Brouchure

    Call 1800 743 262 or submit the form below. All fields are required.

    Submit

    Thank You

    Your request has been submitted.
    We will be in contact soon.

    Close

All vehicles come with:

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Tyres & consumables for the life of the lease

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Servicing & maintenance for the life of the lease

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Car tax for the life of the lease

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Roadside Assistance

 

Disclaimer

The vehicle specials above are examples and are no longer available. Actual vehicle may vary from the pictured model. All quotations are based on a basic rate taxpayer and 8,000 miles per annum over 3 years and do not include car insurance or debt waiver. Your personalised quote will differ depending on your age, postcode and actual salary. All figures are approximate only.