Discover how a Novated Lease works
Novated leasing, or salary sacrificing, does seem complex at first because of the industry jargon like PAYG, GST and FBT. Though if you take the time to understand how it works it will make sense. And the savings are real compared to buying a car using other financing methods.
Basically a novated Lease can enable you to own the car of your dreams as well as save money using pre-tax salary. Download the 2021 Novated Leasing Guide.
Sedans have suffered with the popularity of SUVs and it’s now rare to find one in any manufacturer’s model range. Though if you are looking for a different sedan option for your next novated lease, you should watch this video to check the Peugeot 508. It’s a proper car that has a great silhouette thanks […] Read more
Citroen probably isn’t a car brand you would be considering for your next novated lease. However with the current delivery challenges for all car brands across their entire model range, maybe you should find out what makes them so popular in Europe. Fleet Auto News has been driving some Citroen models recently and we were […] Read more
In 2021, Fleet Auto News conducted a survey with regular readers and the general public to find out where people go for information on novated leasing. We also wanted to know how people describe their car. Automotive marketing tends to focus on passion, luxury and performance. The results from this survey suggest more practical reasons […] Read more
Fleet Auto News has announced the top 10 novated lease cars in 2021 by surveying the main providers of salary packaging and car leasing in Australia. The annual list shows the models that are popular with private new car buyers when they use salary packaging as a way to finance their car. Here’s […] Read more
– By Marc Sibbald – Fleet Auto News has compiled the annual list of top 10 novated lease car by surveying the main salary packaging and fleet management companies in Australia. The list is compiled each year to highlight which new makes and models are popular when using salary packaging. The big thing impacting the […] Read more
Click here to download a copy. Are you looking for a new car in 2022? Research conducted by Fleet Auto News in 2021 indicated that most people described their car as being ‘practical for their family’. The second most popular description was, ‘allows me to have fun on weekends and holidays’. To find the perfect […] Read more
– By Marc Sibbald – The VW Caddy has always been a practical vehicle which potentially restricts the target market if you subscribe to the theory that emotion influences new car purchases. Though after spending a few days in the different variants of the new Caddy 5, I became attached to the Caddy TDI320 and […] Read more
With a new novated lease you want the car to be practical for your family, so adding some accessories at the start is a great way to wrap them all into the same monthly payment. Fleet Auto News has contacted leasing companies and vehicle manufacturers to find the top 5 accessories in 2021. The top […] Read more
How good is the Genesis GV80 SUV? Fleet Auto News says as good as other luxury brands and worth considering when looking at large SUVs. FAN was at the launch of the new SUV in the Genesis range in 2020 and we were impressed with the level of comfort, luxury and the road feel of […] Read more
FAN found this quote on the Motley Fool Australia website when researching the financial results of the listed fleet management and novated leasing companies. It highlights the biggest challenge with novated leasing. It sounds too good to be true which can scare people off; and the benefits come from using GST, FBT and marginal tax […] Read more
– By Henry Bailey – It was love at first sight when I slid into the driver’s seat of the Mazda CX-8. It felt and looked luxurious. There’s lots of space in the front and the individual second row seats made it feel like the pointy end of a plane (which we’ve been missing). But […] Read more
Find answers to your Novated Lease FAQ (Frequently Asked Questions) Question Why is it called a Novated Lease? Answer This is because of the special three way agreement between the employer, employee and leasing company. The document used to formalise this agreement is called a novation agreement. A novation agreement is a common legal document […] Read more
Many first timers don’t think about, or understand, what happens at the end of a Novated Lease. The key feature of a Novated Lease that makes them so affordable is the amount you finance. You are not financing the full purchase price of the car. You are financing the difference between the purchase price and what […] Read more
Do you worry about climate change? Does your home have solar panels? Are you concerned about the environment now and in the future? You don’t need to answer yes to these questions to buy an electric vehicle (EV). Sure, the early adopters of the Toyota Prius and Nissan Leaf were probably supporters of the environment. […] Read more
There are many reasons to consider a Novated Lease Corporate Benefits Program and the number one benefit is the money you can save compared to other finance options. If you’re looking at buying a luxury car it’s well worth looking at the additional benefits available through a Novated Lease Corporate Benefits Program. All the major […] Read more
Planning to buy a car? What does it cost to run? Do you already own a car? Did you know that you could end up with more dollars in your pocket with a novated lease versus paying cash? It’s true! Novated Leasing is a great way to save money by salary packaging a vehicle. All […] Read more
Novated Leases are simple really. You pick a car and then save some money by using pre-tax dollars. Not enough detail? Keep reading. If you’re planning to buy a car (new or used) using finance, and work for an employer that offers salary packaging benefits, you should ask some questions about novated leasing. Novated Leases may […] Read more
Novated Leasing is how you can own the car of your dreams as well as save money using pre-tax salary. So the FAN team are delighted to be launching the 2021 Novated Leasing Guide with updated vehicle data and articles that explain the benefits of novated leasing. Click here to download a copy of the […] Read more
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