Clear Lease

What Clear Lease does

Clear Lease is a privately held Australian financial services company founded in 2021 by Nicolas Jarvisto and headquartered in South Melbourne, Victoria. The company specialises in novated leasing and salary packaging, enabling employees of partner organisations to acquire vehicles (new, used, or existing) via pre-tax salary deductions. Its core product is a fully-maintained, all-inclusive novated lease that bundles finance repayments, fuel or EV charging, registration, insurance, maintenance, repairs, tyres, and car washing into a single weekly payment. EVs receive preferential treatment under Australian FBT rules (100% pre-tax deduction versus 50% for combustion vehicles), and Clear Lease has positioned itself prominently in the EV-led portion of the market, marketing 45% average savings versus traditional financing on EVs.

The technology stack is intentionally lean: a web-based Savings Calculator produces instant quote estimates in approximately five seconds, a third-party Driver Portal (white-labelled Catch-e SaaS) handles existing-customer lease management and claims, and employer-side administration interfaces support payroll integration. The platform does not include proprietary fintech infrastructure for vehicle sourcing, finance structuring, or insurance underwriting; Clear Lease acts as the broker and administrator rather than a principal. There is no disclosed AI/ML capability, no proprietary models, and no in-house data engineering workforce.

The business model is a hybrid of managed-services fees and transaction-based revenue, earned through lease setup fees, ongoing administration margins, and vehicle procurement spreads on fleet discounts negotiated with major automotive OEMs (Tesla, BYD, Polestar, Hyundai, Toyota, Ford, Mazda, Mercedes-Benz, BMW, and others). Go-to-market combines a digital self-service funnel (website calculator, Learning Hub SEO content, Google Ads) with inside sales (1-5 business hour callback) and a B2B employer-partnership channel managed by a dedicated BDM, currently at 900+ Australian business partners. The company markets a 5.0 Google rating (100+ reviews), 1m 15s average support response time, and a family-owned, Australian-operated positioning as differentiators against incumbent novated lease providers.

Name

Clear Lease

Legal name

Clear Lease

Website

https://clearlease.com.au

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Clear Lease is an Australian novated leasing specialist enabling employees to salary-package vehicles via pre-tax deductions, serving 1,000+ drivers and 900+ employer partners with bundled all-inclusive lease products and a white-label Driver Portal.

Ownership category

akta.pro rank

Product category

Novated Leasing Services

NAICS

Automotive Equipment Rental and Leasing (5321)

SIC

Services-Auto Rental & Leasing (No Drivers) (7510), Finance Lessors (6172)

akta.pro primary industry

Corporate/Enterprise Car Leasing (Closed-End/Open-End) (TLABAAAA)

Keywords

• Novated lease services
• Salary packaging
• Vehicle leasing
• Employee benefits
• Fleet management

Headquarters

HQ city

Port Melbourne

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Novated Lease Management Fees: Clear Lease earns revenue by structuring and managing novated leases for employees. The company charges fees for lease setup, ongoing administration, and management of the bundled vehicle costs. Revenue is generated through margins on vehicle procurement (access to fleet discounts), finance structuring, and service fees bundled into the all-inclusive lease payments.
2. Vehicle Procurement and Fleet Discounts: Clear Lease negotiates bulk/fleet pricing with car dealers and brands, accessing discounts that are passed through to drivers. The company benefits from volume relationships with major automotive brands including Tesla, BYD, Polestar, Hyundai, Toyota, Ford, Mazda, Mercedes-Benz, BMW, and others.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Clear Lease structures and manages novated leases for Australian employees, bundling vehicle finance, fuel/charging, registration, insurance, maintenance, repairs, tyres, and car washing into a single pre-tax salary deduction. The company partners with over 900 Australian employers to offer novated leasing as an employee benefit, with supporting tools including an online savings calculator and a self-service driver portal.

Product overview

Clear Lease is a novated leasing specialist offering a single, integrated financial product that combines vehicle leasing with salary packaging. The core offering is a fully-maintained novated lease that bundles finance repayments, fuel/charging, registration, insurance, maintenance, repairs, tyres, and car washing into one pre-tax salary deduction. The company operates three main service channels: an online Savings Calculator for prospective clients, a Driver Portal for existing clients to manage their leases, and a Business Services program for employers. All novated lease vehicles are GST-free on purchase, and electric vehicles receive additional FBT exemptions. The product portfolio includes a wide range of vehicle types from budget-friendly small cars to luxury electric vehicles and performance SUVs.

Differentiator

Problem solved

Functional benefit

Brands

• Salsac by Clear Lease: A salary packaging service offered by Clear Lease for businesses and employees seeking additional salary packaging options beyond novated leasing.

Products and services

• Novated Leasing A salary packaging arrangement where an employer leases a vehicle on behalf of an employee, allowing car costs to be deducted from pre-tax salary. Includes bundled running costs such as finance repayments, fuel/charging, registration, insurance, maintenance, repairs, and tyres. For individual employees seeking tax savings through novated leasing.
• Novated Leasing for Business Employer program offering novated leasing as an employee benefit, with end-to-end administration support for payroll deductions, FBT compliance, and employee onboarding. For Australian businesses of any size offering employee benefits.
• Salsac by Clear Lease A salary packaging service offered by Clear Lease for businesses and employees seeking additional salary packaging options beyond novated leasing, covering benefits such as superannuation contributions and work-related tools.

Quantifiable outcome

• 10-30% boost in take-home pay through salary packaging vehicle costs
• +4 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Australian Employers (900+ businesses)coreChannel Partner/ Reseller/ DistributorClear Lease partners with over 900 Australian businesses to offer novated leasing as an employee benefit. Employers facilitate payroll deductions for salary packaging while Clear Lease manages all vehicle procurement, finance structuring, and ongoing administration. This channel provides access to large volumes of potential individual customers through workplace benefits programs.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Maxxia: Maxxia is one of Australia's largest novated lease and salary packaging providers, offering fully-maintained novated leases to employees via employer partnerships. Directly comparable in product (novated lease), customer (employees + employers), and channel (B2B2E).
• Smartgroup: Smartgroup is a leading Australian salary packaging, novated leasing, and fleet management company, with deep employer partnerships across corporate, government, and NFP sectors. Direct competitor in novated leasing and adjacent salary-packaging products.
• SG Fleet: SG Fleet provides novated leasing and fleet management services to Australian employers and employees, including salary-packaged vehicles. Comparable in novated lease product structure and employer-led distribution model.
• FleetPartners: FleetPartners (formerly FleetPlus) offers novated leasing and end-to-end fleet management to Australian corporate customers. Comparable in vehicle leasing services and employer-channel go-to-market.
• Easi: Easi is an Australian novated lease and salary packaging specialist targeting employees via employer benefits programs. Closely comparable in product scope (novated lease focus) and customer segments.
• Remunerator: Remunerator provides novated leasing and salary packaging services to Australian employees through employer partnerships. Directly comparable in service offering, target customer, and channel model.
• Flair: Flair is an Australian salary packaging and novated leasing provider focused on NFP and corporate employer clients. Comparable product line with similar employee/employer dual-sided go-to-market.
• Autopia (FleetPartners): Autopia is an Australian online novated leasing platform that partners with employers to deliver salary-packaged vehicles to employees. Directly comparable in digital-first GTM and product offering.

Broad incumbents

• Toyota Finance Australia: Toyota Finance is a captive OEM financier offering novated lease and consumer finance products in Australia. Comparable in financing product structure for novated leases, though broader in scope and OEM-aligned rather than independent.
• NAB / Macquarie Leasing: Major Australian bank-affiliated fleet and equipment lessors that finance novated lease products and broader corporate fleet leasing. Comparable in the underlying finance-lease product but operate at much larger scale with broader portfolios.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/clear-lease

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Clear Lease