CarExpert

SEPTEMBER 27, 2024

First, just what is a novated lease? Put simply, it’s a three-way agreement between you, your employer, and a finance or leasing company that could reduce your tax obligations. It’s a form of salary sacrificing, with your vehicle payments deducted from your pay before taxes are deducted. Weekly payment (incl.

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Drive.com

FEBRUARY 28, 2024

A chart shown on the Toyota Australia pricing configurator notes the vehicle rental payment for the South Melbourne (3205) example as 80.36 per cent of the total lease payment, making the $1473.80 For comparison, using the Stratton Finance Calculator , a $72,000 car over three years at 6.5

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CarExpert

JANUARY 19, 2024

One increasingly talked-about method is the novated lease. A novated lease is a three-way agreement between you, your employer, and a finance or leasing company that can significantly reduce your tax obligations. Or you can just pay out the remaining lease obligations, the residual, and potentially exit fees.

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Drive.com

SEPTEMBER 8, 2024

Here’s how a novated lease can help you achieve both. Sponsored by Oly What is a novated lease? Imagine financing a new car that bundles all your driving expenses whilst having the opportunity to save on tax. With a novated lease there is no need to worry about an upfront deposit. A new car and big tax savings?

Balloon Payment 74

Balloon Payment Lease Payment Insurance Finance 74

Drive.com

JANUARY 23, 2025

What to look for in a novated lease provider If you’re thinking about buying a new car but feeling overwhelmed by the various finance options, a novated lease might be just the solution you’re looking for. By splitting payments between pre- and post-tax salary, you reduce the risk of fringe benefits tax (FBT).

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