Honda Novated Lease
Discover competitive novated lease pricing for your Honda at Leaselab. Simplify car ownership with tailored, tax-effective leasing. Get started today.
Honda leases that are the real deal
Built around the “Power of Dreams” philosophy, Honda has been delivering practical innovation and everyday reliability to Aussies since 1969. The brand led the way with fixed pricing at its dealerships, giving buyers transparency and confidence.
With petrol and hybrid options spanning hatchbacks, SUVs and sedans, there’s a Honda to suit almost any lifestyle — made even smarter with a tax-effective novated lease.
What happens at the end of a Honda lease?
You decide. With Leaselab, you’ll always be in the driver’s seat. At the conclusion of your lease, you can:
- Pay the residual and keep your Honda
- Trade it in for a new vehicle
- Return it and start fresh
We’ll help with any and all questions so you can decide which avenue is best for you.
How much do I need to earn for a Honda lease?
Many people think novated leases are just for high earners, but that’s not the case. Honda novated leases are available to most salaried employees. It’s less about your income and more about making sure your repayments comfortably fit your budget.
Use our Honda novated lease calculator to see estimated weekly payments and explore what fits your budget.
What is a novated lease?
A novated lease is an innovative way to finance your vehicle through a three-party agreement involving you, your employer, and a car finance provider. It allows you to pay for your car from your pre-tax salary, leading to significant tax savings and a streamlined car ownership experience.
Save thousands in tax
Bundle your car and running costs into one pre-tax salary deduction, saving thousands annually and tens of thousands over the lease's lifetime.
Get a better car for less money
Save up to $6,334 on the GST component of the car's price, making it easier to afford a better car and maximising your budget.
No bill shock
Turn annual car-related expenses into even monthly payments, preventing unexpected costs that can disrupt your budget.
Include running costs
Add fuel, servicing, insurance, and more to your lease package, all paid pre-tax, increasing your savings on everyday costs.
Fixed monthly payments
Enjoy predictable, fixed payments over the lease term, helping you manage your finances with confidence.
Managed by us, for you
We handle all aspects of your lease, from processing expenses to providing transparent account reporting, ensuring hassle-free management.
The Process
How It Works
A novated lease is a way to pay for your car and its running costs using your pre-tax income, which in the eyes of the ATO reduces your total salary and therefore the amount of tax you pay. It sounds simple, but it’s a total game-changer. Here's how it works in three simple steps.
You + Your Vehicle
Found the car you want? Perfect. Now, instead of you paying for your car outright, you enter into a lease agreement for the car for a fixed period between 1 - 5 years.
You + Your Employer
An agreement is set up between you, your employer and us. Then, your deductions for the lease (including running costs too, if that's what you want) are made by your employer from your pre-tax income. And that reduces the income tax you pay each pay cycle. Plus, your deduction amount is fixed, so you know what you’re paying for your car each month.
You + Leaselab
With a direct line of communication through a dedicated relationship manager, we'll help you navigate any challenges right the way through your lease. Whether it's today or five years from now, we promise you’ll always have the same level of help and service all the way through to the end of your lease.
Instant estimate - no obligation
All your car and running costs are included
Customer Service
Rego & Insurance
Tyres & Alignment
Servicing & Maintenance
Fuel or Electricity
Lease Payments
Choose your own running costs
You can customise your lease to your liking. Get a Personalised Quote below to choose your options.
What is the biggest downside to leasing a Honda?
Before you lease a Honda, it’s important to know the potential disadvantages involved. This could include:
- Novated leases are only available to employees on a PAY-G salary.
- You don’t technically own the car.
- You’ve got limited flexibility for making extra repayments.
- If you change jobs, it might require a bit more paperwork.
- You’ll need to pay the residual to own the car at the end of the lease.
- It is slightly more complicated than a standard loan - but if it’s set up properly, then it’s well worth it.
Is it worth buying out a lease?
Buying out your Honda lease would make more financial sense if the residual value is lower than the market price. It’s perfect for drivers who love their car, want to keep it long term or see a strong resale value at the end of the lease.
Our team will let you know when your lease is coming to an end, so you can decide if this is the right move or whether you want to take a new Honda (or another manufacturer!) for a spin.
How much would it cost to lease a Honda HR-V or ZR-V?
We love finding unbeatable Honda novated leases for Australians. With Leaselab, your repayments could be from:
- Honda HR-V – from $182 per week
- Honda ZR-V – from $190 per week
To see how much your repayments might be, based on your mileage and salary, use our handy Honda lease calculator.
Can I extend my Honda lease?
Yes! Many providers allow lease extensions if you’re not ready to upgrade. Extending can keep your weekly payments predictable and avoid the hassle of finding a new car, while still enjoying the benefits of a novated lease. Our team can lay out all your options, so you have all the facts before making a decision.
Can you lease a used Honda?
Absolutely. Used Hondas can be leased through a novated lease, often lowering weekly payments while keeping tax benefits, insurance and maintenance included. This is a really cost-effective way to drive a reliable, proven vehicle without paying the full price of a new model.
It just takes a bit more paperwork, but we’ll be there with you.
About Leaselab
We work hard to make the complex world of novated leasing easy and accessible for everyone. This is part of our long-standing goal to reinvigorate the novated leasing industry with a focus on service and quality. We are here to do the right thing for our customers.We live and breathe novated car leasing and are ready to provide you with personalised guidance so that you're informed every step of the way.As we always say: It’s a new lease on novated leasing.
Why choose Leaselab for your novated lease?
We work hard to make the complex world of novated leasing easy and accessible for everyone. This is part of our long-standing goal to reinvigorate the novated leasing industry with a focus on service and quality. We are here to do the right thing for our customers. We live and breathe novated car leasing and are ready to provide you with personalised guidance so that you're informed every step of the way.
years of combined experience in novated leasing
Customer satisfaction rating
of reviews are 5 stars
How we stack up against the competition
We believe everyday Aussies deserve a smarter way to buy a new ute. That's what grounds our commitment to customer success. And it's why we always act in the best interests of our clients by providing trustworthy education and guidance, even (and especially when) it’s difficult.
Total Transparency & Easy Access
See all your lease details at any time, with a simple, intuitive online portal.
Multiple Lender Options, Competitive Rates
Choose from a range of lenders to get the best deal for you.
Super Short Support Wait Times
Speak to a real person in under a minute, on average.
Rapid Reimbursements
Get your money back fast—usually within 2–3 business days.
Dedicated Account Manager
Enjoy personal service from your own account manager, for the life of your lease.
Exclusive Employee Benefits
Access extra perks and benefits beyond your lease, at no extra cost.
Our Happy Customers
Rated 5/5 based on 141 Google reviews
Helping Aussies get into their dream car
We’ve helped thousands save tens of thousands, and we’re on a mission to make novated leasing mainstream, simple and accessible to everyone.
Education that empowers you
We’re here to give you the knowledge and confidence to make the smartest decision for your situation.
Service that never stops
From your first quote to your final lease payment and beyond, our team is by your side throughout the entire process.
“Great service. Always very prompt in answering questions. Excellent communication, kept me up to date through the whole process. Really couldn't be happier with the service I received.”
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Wayne R
Save thousands in tax by driving your dream car
For Drivers
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