Below we share how a Novated Lease can benefit you as an employee.
A Novated Lease allows you to lease the car of your choice and pay all the lease repayments and running costs (excluding GST) from your pre-tax salary. Novated Leasing is a three-way agreement between you, your employer and a finance provider. You lease the vehicle from the finance provider, and then transfer the obligations of the lease to your employer.
Your employer then pays an amount every month to Fleetcare on your behalf. This covers the lease instalments and all operating costs associated with the running of your vehicle. Your employer then collects this money back from you through salary sacrificing - by retaining the monthly amount from your salary. At Novated by Fleetcare we offer our customers all the discounts, support and flexibility they could possibly need.
Download our Novated Lease - Employee Benefits brochure