Owning a car in Australia means you’re pretty much familiar with novated leasing. If you don’t, it’s a popular car leasing programme because of the fantastic benefits that loaners get from it. If you’re interested, this article will discuss what novated leasing is, along with introducing the novated lease calculator Adelaide by Vehicle Solutions – the best way to calculate all of your novated leasing expenses.
What is Novated Leasing?
A novated leasing contract is a vehicle loan where obligations are transferred from you to another party, commonly your employer. That means through novated lease; there are three parties involved, you, your employer, and the novated lease company. Your employer will be the one to pay your novated lease by deducting it from your salary. The best part about this is that they pay your novated lease even before they deduct your salary again for your taxes. So not only are you paying for your contract ahead of time, but you’re also potentially paying for less on your taxes per month. If you calculate it on the novated lease calculator Adelaide by Vehicle Solutions, you’ll see that you can potentially save up a lot of money in the long run.
Benefits Of Novated Leasing
A novated lease provides a plethora of amazing benefits. Here are some of them that you may find interesting:
Save A Lot On Your Taxes
Committing to a novated lease means your monthly payments will come from your pre-taxed salary. What that means is your taxable income will reduce, and you can enjoy the luxury of having lesser tax compensation throughout the year. A novated lease also includes running costs, such as registration, servicing, and fuel. You can choose not to add this to your contract and save even more money.
Get Your Dream Car
Novated leasing is available nationwide. It’s the first car loan that may car dealers offer you once you decide to invest in a new car. Some of these dealers even offer discounts to make the deal even more enticing. That means you get your dream car, while also receiving some fantastic offers. You also won’t have to pay for GST when you lease your new vehicle. All of these benefits will translate to a much lower payment, which is what novated leasing is all about.
Go for Novated Leasing Now!
We all want to get our dream car. Now we can with novated leasing. Get your novated lease calculated and know how much you’re going to pay monthly with the novated lease calculator Adelaide by Vehicle Solutions. Visit our website for more information.