What is a Novated Lease?
A novated lease is an easy and cost-effective way to finance a new or used car.
It’s a type of salary packaging arrangement that you can make with your employer, where you agree to set aside some of your pre-tax income to pay for a car of your choice and all the running costs that come with it.
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One of the Most Reputable Salary Packaging Companies in Victoria, For Over 25 Years
Fleet Network have proudly been helping Melbournians to save on their next new or used car through our novated lease and salary packaging options, for over 25 years. When it comes to customer service, our experienced and friendly team prefer to take a more personal approach.
One of our main differences is that we’re Australian-based and local, we don’t rely on call centres! When you call us, you’ll speak directly to an experienced team member. We also provide a convenient and competitively priced trade in service for our local customers here in Victoria.
Wherever you work in Australia, we can help you maximise your pre-tax income and save more on your new car.
How does it work?
A Novated Lease is a three-way lease agreement between an employee, their employer, and a financer. This ATO approved agreement allows employees to finance their new car and all the running costs associated with it using your pre-tax income.
The term can be anywhere between 1 and 5 years, and each monthly payment goes towards reducing the balance of your least. Automatic deductions from your pre-tax salary mean you don’t have to worry about budgeting or remembering to make payments.
You will receive significant tax benefits with a novated lease and salary packaging compared to financing the car on your own. It’s time to say goodbye to regular car loans and say hello to a novated lease.
Enjoy more tax savings and better work benefits
Salary packaging your next car could benefit you in more ways than one. Get in touch with our team today to see how much you could expect to save through a novated car lease.