For employees

  • Lease the car through salary sacrifice

    Payments are taken from your pre-tax salary by your employer. Choose to pay monthly or quarterly over a term of two to five years.

  • Option to own the car later

    We’ll own the car and you can offer to buy it at the end of your lease agreement.

  • No maximum loan amount

    Take out a minimum $20,000 loan with no maximum amount.

  • Portable lease

    If you move employers,  the lease and vehicle move with you (if your new employer agrees).

For employers

  • Attract & retain employees

    Giving employees the opportunity to buy a car with pre-tax income may increase their take home pay.

  • No balance sheet impact

    Salary packaged vehicles are neither an asset or a liability, so there’s no impact on your balance sheet. Plus, if your employee leaves, the lease is theirs.

Rates & fees

  • Competitive interest rates

    Fixed interest rates and repayments for the term of your loan. Get a fast online quote to see how much your interest rates and repayments will be.

Apply in four easy steps


Get a quote online

Calculate your monthly repayments and get a breakdown of your costs and interest. We'll need to know:

  • What you want to finance
  • How old it is
  • The amount


Simple application

Eligible CommBank customers can receive a conditional credit decision online. Otherwise we’ll call you to process your application. 


Sign your documents online

Once approved, you can sign your finance agreement online with our SmartSign paperless technology.


Prompt payment to your supplier

If approved, we’ll pay your supplier promptly after you sign your agreements online.

Things you should know

  • The information on this page is for general information purposes only and has been prepared without considering your objectives, financial situation or needs. You should, before acting on the information, consider its appropriateness to your circumstances.

    Applications are subject to the Bank’s normal credit approval and suitability of the asset. Fees, charges and conditions apply. Full terms and conditions will be provided with any agreement upon credit approval.

    Taxation considerations are general and based on present taxation laws and may be subject to change. You should seek independent, professional tax advice before making any decision based on this information.