Novated Car Lease
Transparent and affordable Novated Car Lease
Salary packaging a car through a Novated Car Lease could help you to reduce your income tax
Use Pre-tax Earnings & Reduce Your Taxable Income
A Novated Car Lease is an agreement between yourself (the employee), your employer and the financier where your employer leases a car on your behalf and pays the financier from your salary. The lease payments are generally made using a combination of your pre-tax and post-tax salary which means that you end up reducing your taxable income and therefore pay less income tax.
A Novated Car Lease can have a number of significant financial benefits for both the employee and an employer and are commonly incorporated as part of a salary packaging arrangement.
Include Vehicle Repayments, Servicing, Registration, Insurance & Fuel In One Manageable Repayment
A fully maintained Novated Car Lease can include not only the vehicle repayments but also vehicle servicing and maintenance, tyres, registration, insurance and even operating costs such as fuel.
Novated Car Leases can be both a smart and cost effective car finance option which provides flexibility and peace of mind knowing exactly how much your car is going to cost you each month. For more information about Novated Car Lease options and benefits, speak to your Loans For U car loan consultant. They’ll be able to discuss your individual needs and tailor a car finance or lease option specifically for you.
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