leaselab is one of the fastest-growing novated lease specialist in Australia. Founded by brothers Alex and Julian Davis, leaselab provides Australians with novated leases, allowing them to get the car they want while saving money.
A novated lease is an agreement set up between you, your employer and a finance provider. Instead of paying for your car outright, you can enter into a lease agreement for the car with the finance provider (for a fixed period – one to five years). At the end of the lease you can then sell the car, pay residual and keep it, or refinance.