What is a novated lease? A Novated lease is a type of car finance which is an agreement between you and two other parties. Those parties being your employer, and the finance company who is lending the money so you are able to get your new car on a novated lease.

The benefits of novated leasing can be summed up in just a few words – you will save time and money! How do you save money I hear you ask? Because the repayments towards your car are made out of your pre-tax income! You can even salary package your day to day running costs of your novated lease vehicle.

Novated Leasing is becoming really popular, until recently, it has been recently unknown to many Australian’s, but as the word of mouth advertising spreads, people are really getting on board with the concept of Novated Leases.

When considering a novated lease it’s important to note that you don’t just have to buy a new car, you can get any type of car you want, whether new or used. The car is yours to use for personal use as well as business use, but note that it doesn’t have to be used for business at all.

You can put a deposit down as well, therefore lowering your repayments on the car finance agreement. A novated lease can sometimes mean you can get more car than what you would normally be able to afford, hence another reason why this type of car finance is becoming more and more popular.

If a novated lease salary packaging option sounds like something you could be interested in, let us know and we will get you the best deal.

After all, we are the novated lease experts so get in contact. Not only can we save you money by giving you the best car finance rate but we can also provide you with a great deal on new cars through our extensive buying power.