FAQs

To put it simply, a Novated Lease is like a car loan, but with benefits. A Novated Lease is a three-way agreement between you, your employer and a financier to allow you to salary package a car of your choice, with cost effective payments coming from your pre-tax salary. These payments cover the finance cost of the vehicle, as well as the budgeted running costs that come with owning a vehicle: Fuel Tyres Comprehensive Insurance Rego and CTP Maintenance It is the easiest way to own and run a car. Makes budgeting easier and their are no nasty surprises and roller-coaster cashflow.

Yes they do, a lot of money too. From the moment you decide on your car you start saving. You won’t pay GST on the car (excluding private sale and sale and leaseback), so immediately you are saving up to $5,214. You don’t pay GST on your finance and running costs either which will be a further 10% saving.
We will also get you fantastic savings on the price of a new car by giving you access to corporate fleet discounts, again saving you multiple thousands of dollars.

By recovering money from your pre-tax salary, you won’t be paying as much income tax.

If you sell the car for more than the residual value, you get to keep that profit tax-free

  • With all Novated Leases, there will be a residual value (balloon payment) at the end of the lease term. Over 80% of our clients use our services to trade in their car and step right into a brand-new car

  • If you are enjoying your current car too much to say goodbye to it, we can extend your lease up to a maximum of 5 years (depending on the age of the car)

  • If you want to take a break from Novated Leasing, you can choose to purchase the car at the end of the lease term by paying the residual value.

  • With all Novated Leases, there will be a residual value (balloon payment) at the end of the lease term. Over 80% of our clients use our services to trade in their car and step right into a brand-new car

  • If you are enjoying your current car too much to say goodbye to it, we can extend your lease up to a maximum of 5 years (depending on the age of the car)

  • If you want to take a break from Novated Leasing, you can choose to purchase the car at the end of the lease term by paying the residual value.

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