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What are the benefits of a Novated Car Lease?
- Savings through:
- No GST on initial purchase of vehicle;
- Significant fleet discounts on the purchase of a new motor vehicle is available due to the LeasePLUS buying power;
- Fleet discounts on servicing and other operating expenses;
- You don't need to make an up-front deposit towards the lease or the purchase;
- All expenses are paid with pre tax income resulting in potentially lower tax payment to the Australian Tax Office;
- The equity built up in the motor vehicle remains with the employee;
- You do not have to worry about payments towards your lease or all other operating expenses as these are done for you automatically;
- Convenience through the use of a LeasePLUS fuel card to pay for fuel, tyre replacement and servicing costs;
- You can select your own dealership, your own insurance company and the servicing agents for the vehicle.
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