Through Vehicle Solutions Novated leasing, buying a new car doesn’t have to leave you broke. Learn more about novated leasing and find out how it can help you effortlessly save money on your car purchase.
What is Novated Leasing?
Novated leasing is essentially just another way to finance a car. However, rather than complicate your financial life, a novated car lease can save you a considerable amount of money.
In a novated lease, an agreement is made between you, your employer and Vehicle Solutions – your leasing company. As a part of this agreement, we finance your car and your employer makes the payments, by deducting them from your pre-tax salary.
How Does Novated Leasing Save Me Money?
A new car is a significant investment. Thankfully, nowadays, you don’t have to dig a hole into your wallet to get one. Through a car novated lease, you can get a new car and save a good amount of money in the process.
Car Novated Leasing works by deducting payments from your salary before tax is taken out. That means that you can count on a higher amount of resources to pay for your vehicle. It also means that you will only pay tax for the amount of money left in your salary after your car payment is deducted. Plus, you won’t pay GST on your initial car purchase or running costs. You pay less taxes and have more disposable income.
There’s no better way to maximize savings than through a novated lease. At Vehicle Solutions, we go one step further to help you get the best purchase price on your new car. By getting a better price on your vehicle, you can reduce the size of your payments and save even more money.
If you would like to find out exactly how much money a car novated lease can save you, according to your specific situation you can head over to our novated lease calculator. It can give you a clearer picture of possible payment amounts and savings. Don’t worry; you won’t have to provide any personal data.
Another way in which a car novated lease can save you money is by covering your running costs. Most of us tend to set these expenses aside and forget about them until they become unavoidable. This lack of budgeting can put you under enormous strain and be particularly harmful to your finances. However, with a novated lease, you won’t have to worry about that again. Your payments include running costs like petrol, insurance bills and car servicing. That way you can drive peacefully knowing that your car needs are covered.
Choose Vehicle Solutions for Your Novated Leasing Needs
At Vehicle Solutions, we are committed to helping you save as much as possible on your car purchase. We already help many government and private employees make the most of their salary packaging. Contact us today and find out how we can help you save on your next car purchase.