There’s a lot to love about novated leasing. It’s a great way to get the car you like without having to pay a hefty sum all at once. Because of the convenience that this three-way agreement provides, Aussies are relying more and more on the benefits of a novated lease to get them the car they want while also being able to pay for it. Here are some of the benefits of novated leasing:
Save Yourself from Taxes
What you choose to go for novated lease, a part of your total payment will come from your pre-tax salary. That means your taxable income will be less and as a result, you could be looking at a much lower tax payment throughout the entire year. So not only are you getting your dream car, but you’re also paying it for reduced taxes. It’s like hitting two birds with one stone.
You’ll Pay Your New Car for Less the Amount
Many novated lease companies in Australia can provide you with the best deals at the best price. You also won’t have to pay for GST on the purchase price of your new car. They will provide everything for your convenience, so all you have to do is make the most out of your options when they presentit to you.
Everything is Covered
You won’t have to worry about headaches and problems when it comes to the process. A novated lease includes comprehensive services, which consists of the right budgeting, finance, and cost. Most novated lease companies provide funds that are set aside from your pre and post-tax salary for each pay cycle. Moreover, you will be presented with a return of money if you’re starting to run under budget.
Takes Care of Everything for You
When you acquire novated leasing, the firm will source your new car and have it delivered to your work or home. Novated leasing firms here in Australia are also well-equipped with comprehensive services to promote a smooth and easy transaction with their clients. These companies work to manage all the paperwork, organise the insurance, and arrange the entire finance report.
Choose Novated Leasing Now
There’s just a ton of reasons for you to choose novated lease over every other vehicle acquiring method. It’s straightforward and very convenient. If you are looking to purchase a new car, you should try novated leasing.