Buying a new car can be quite exciting, but also, sometimes a little worrisome. Currently, options abound. It might seem that there are thousands of ways to purchase a new vehicle, but which one is best for you and your pocket?
What if I told you that there is a way to buy a car without blowing through all your savings or getting into serious financial problems? Well, the reality is that through a car novated lease, getting a new car can be a manageable and stress-free process.
What is a car novated lease?
A car novated lease is an agreement between you, your employer and a leasing company. Your employer then makes payments towards your lease that cover your vehicle and running costs by deducting these directly from your salary.
Even when you are getting your car through salary packaging, your vehicle remains entirely in your control for personal use.
Why should you buy a car with novated leasing?
There’s no option as available or budget-friendly as a car novated lease. You’ll never miss or be late on a payment. Your employer takes care of making payments directly from your salary. The payment deduction is made from your pre-tax salary, which in turn leaves you with higher disposable income. At the same time, by making payments before taxes, the actual tax you pay decreases. It’s a win-win situation, no matter how you look at it.
You can find out exactly how much you can save in your particular situation by running the numbers on our novated car lease calculator.
A car novated lease can also save you on the extra expenses that come along with car ownership. Your car novated lease includes payments for fuel, tyres, maintenance and car service. Instead of being surprised by extra car expenses that arise at the most inconvenient times, a car novated lease helps you plan efficiently. By budgeting ahead of time, all of these costs are embedded into payments taken directly from your salary.
Plus with the right provider, like Vehicle solutions, you can reduce the payments being deducted from your salary. Our fantastic team can work with you to find the best option to keep your payments small and manageable. You can start getting an idea of what different lease terms and car options look like by using our car novated lease calculator
The car novated lease calculator allows you to plug in all the factors, without disclosing any personal information, to get precise data on the payments and savings you could get.
Working with Vehicle solutions, we can help you cut down your costs right down to the car. By getting a better car price, you reduce interest, insurance and can enjoy a lower residual payment.
This much savings seem hard to believe, but you don’t have to take our word for it. Check out our car novated lease calculator and see for yourself. Find out more by contacting our friendly staff at Vehicle Solutions.