So you’ve heard that your employer is offering you a novated lease as part of your salary.  Perhaps you’ve also heard some of the buzz about how novated leases involving electric vehicles (EVs) don’t count as fringe benefits for tax purposes.  If you’re feeling confused, you’re not alone

2024 saw a massive shakeup as pure EV sales softened (only growing 4% last year) but on the flipside, sales of Plugin Hybrid Electric Vehicles (PHEVs) boomed as Australian consumers choose the 'best of both worlds' Leading this charge is BYD, where over 60% of their sales are PHEVs notably the th

Generally speaking, if you're in the market for a long-term car loan, the longest term would typically extend to seven years, although some lenders may offer eight-year terms under specific conditions. Keep in mind, the length of the loan term significantly affects the overall cost, monthly repaymen

The new car market is often an intimidating experience for motorists looking for a bargain. Not only do motorists have to pit themselves against savvy salesman in an effort to haggle down prices, but there are an infinite amount of options when commencing your search. On the contrary, browsing th

In Australia, it is possible to have more than one car loan. Of course, this is dependent on meeting the lending criteria set by the lenders in question. However, obtaining multiple car loans depends on several factors, including your income, credit score, existing financial obligations, and the pol