Novated Lease Application Checklist – Apply Easily Today

When applying for a novated lease, being prepared with the right documents can save you time and ensure a smoother application process.

A novated lease is a simple way to finance a vehicle through salary packaging, but to get started, you’ll need to provide some essential details.

This checklist will guide you through the documents required and how One Car Group makes the process straightforward and hassle-free.

Documents Required for a Novated Lease Application

There are several documents required to help us understand your circumstances.  We recommend that before undertaking your loan application, you have some of the following documents ready:

Identification

In most cases, you will only need a clear colour copy of your drivers licence (front & back) which shows your current address.  If your drivers licence is under 12 months old and you have not applied for credit in the past then the financier may ask for other forms of identification such as a passport, medicare card or bank issued card.

Proof of Income

Most application for finance on a novated lease only require a current payslip that shows year to date income, before and after tax.  If it is a new financial year (July to September) then the financier may ask for a payslip to June.

In the event your financiers are a bit more complicated such as owing a rental property then the financier will want to see three months of rental income and expenses from your managing agent.

Proof of Where You Live

If you have lived at your current address for a short time the financier may wish to further confirm your home address.  This can be done by providing one of the following:

• Mortgage statement;
• Council rates notice;
• Tenancy agreement; or
• Rental receipt

Additional Information Needed for Your Application

As part of the application, you’ll also need to provide details about your assets, liabilities, and ongoing expenses. This helps financiers assess your financial situation and determine your eligibility for the novated lease.

How One Car Group Simplifies the Process

Applying for a novated lease doesn’t have to be overwhelming. At One Car Group, our consultants guide you through every step of the process, ensuring it’s simple and hassle-free.

Step-by-Step Guidance from Our Consultants

Our team will help you gather the required documents, fill out forms, and navigate the approval process.

Ensuring a Hassle-Free Application Experience

We’re here to make the application process straightforward, giving you peace of mind and confidence in securing your novated lease.