Some novated leases are set up so that your employer (who handles the repayments for the novated lease) also takes care of fuel. This isn’t the case for absolutely every salary sacrifice deal, but it certainly is for some. However, whether your novated lease does or doesn’t include payments fo
Novated Leasing Versus Loans
A novated leasing arangement is a form of leasing that’s part of your salary package and is negotiated with your employer. However, how is this different from the way that a lot of us bought our first cars? And I don’t mean applying to the Bank of Mum and Dad for an interest-free loan. I’m t
Questions To Ask When Choosing Your New Car
So your boss has decided to give you a novated lease as part of your new salary package, so it’s off to the car yards you go to choose your shiny new car. That’s one of the benefits of getting a new car through a salary sacrifice deal: you get to pick the car, unlike the case with a bog-standard
I Quit! But What Happens With The Novated Lease?
We’ve all heard those horror stories about bosses who sound like they should have pointy tails and horns and be walking around with pitchforks, smelling of brimstone. I could tell you the story about a boss who threw a wobbly when an employee phoned in to say he might not be coming in to work th
Under A Novated Lease, Whose Car Is It Anyway?
If your employer has set up a novated lease, or is thinking about setting up one for you, you’re going to have the chance to drive around in a nice new set of wheels – and we hope that you enjoy doing this. Once all the paperwork is signed and everybody involved in the deal has shaken hands (t