Novated Lease
What is a Novated Lease?
A novated lease is a combination of many features of more traditional forms of vehicle finance. It is known as Salary Packaging. The features aim to deliver attractive benefits for both employers and employees.
Novated Leasing is an ideal method for employees who have the option of receiving a car as part of their salary package. The rental payments are made to the leasing company by the employer, the employee can take full use of the motor vehicle.
What are the Benefits of a Novated Lease?
For the Employees:
- The car can be choosen by you, the car that best suits your needs
- You will take care of the car such as running costs and care of the vehicle
- Tax effective – repayments are made out of pre-tax income, so you may require a smaller portion of your income to run the vehicle
For the Employers:
- There is no residual risk
- You are not leftover with the vehicle once the employee leaves the company
- Employer can provide a more attractive remuneration package, and therefore attract the employees they want
- This is not a company car so there are reduced administration time and costs
Why choose Us?
We dont only provide professional advice when it comes to leasing finance for your equipment or machine, we will always try to understand your needs to add value to your business and how we can find a solution when it comes to your finance requirements, contact one our finance consultants today and let us help you
Contact Us
Need to compare different types of leasing? To speak to one of our loan consultants, please contact our Sydney office on (02) 9609 4655 or email us
Looking for Personal / Car Loans? Our Personal Loans include Car Loans, Boat Loans,Unsecured Loans and Secured Motorbike Loans.
