Entering into a novated lease provides benefits for both the employer and the employee. A novated lease is a method of salary sacrificing. By financing a car through a novated lease you are paying for your vehicle from your pre-tax income. A novated lease program also provides you with the opportunity to pay for the running costs of your vehicle from your pre-tax income. Running costs include petrol, registration, servicing and insurance. Most companies will also allow you to finance your partner’s vehicle from your pre-tax income. This literally can save you thousands of dollars each year in tax.

By taking advantage of a novated lease program you have the benefit of using your own vehicle and not at the mercy of using a company car that is used by many other employees. It also alleviates the problem of moving your belongings from one vehicle to the next.

Employers are welcoming of novated lease programs because it means it is an incentive for attracting new staff and retaining existing employees. It also alleviates the need for company cars which require constant upkeep, such as insurance, registration and servicing. Company cars are a depreciating asset, which are constantly bought and sold depending on the number of employees. They also take up unnecessary car space.

To find out more about a novated lease speak to one of our friendly professional staff members. We are here to help and guide you through our novated lease program. Call us on 1300 887 967 to take advantage of this salary sacrificing method.

We are finding that there is a rush on finance for new cars at the moment. The reason being, that consumers want to take advantage of the Government’s tax rebate before it expires. The Government’s tax incentive of a rebate of up to 50% for small businesses expires on 31 December this year. You must purchase a new or demonstration vehicle and take delivery of it prior to the 31st of December to be eligible.

As there is such a demand for these cars, finance needs to be organised very quickly. You wouldn’t want to miss out on the rebate because your finance wasn’t organised in time. Don’t make the mistake of settling for an inferior product due to time constraints. If you think you can always refinance later on down the track, be warned. You may be signing a contract that attracts high penalties for paying out your contract early.

By seeking the services of a car finance broker you are putting yourself in the best position to obtain a car finance product that suits you. Applications can be approved quickly for an expedient settlement. With over 30 lenders to choose from, some with exclusive agency, you will be sure to find a finance solution for you.

Interest rates are expected to continually rise. As a result it may be a good idea to lock in your interest rate whilst they are still low. By taking out a fixed rate loan for your next car or equipment finance you can take advantage of the low rates. Finance can be sought using a varying degree of products such as a novated lease, personal lease, commercial hire purchase and chattel mortgage. All of these products can attract a fixed rate.

To find out more about obtaining a fixed rate car or equipment finance loan speak to a car finance or equipment finance broker. By using an online broker you will be able to obtain a quote immediately by using the online calculator. A finance broker will have access to a wide range of finance products thus being in the best position to provide you with a fixed rate loan to suit you.

Have you ever considered a novated lease? Now that we are approaching the end of the calendar year it is a good idea to put your finances in order. Arranging a novated lease may be a wise investment. A novated lease is a great way to save tax. Imagine buying a car and having the lease repayments deducted from your pre-tax income. Well that’s exactly what happens with a novated lease. It is a method of salary sacrificing.

Want to save more tax? You can also pay for the running costs of your vehicle from your pre-tax income. Running costs include registration, insurance, fuel and servicing. You can also finance your spouse’s vehicle from your pre-tax income and their running costs. This can literally save your thousands of dollars in tax each year.

To see how much you can save in tax each year, you can use our online novated lease calculator. Alternatively, you may wish to speak to one of our professional novated lease specialists. They will be able to answer any questions you may have and guide you every step of the way through a novated lease.

As we are fast approaching the end of the year now is the best time to update your car. Car manufacturers are slashing the prices of their 2009 models to make way for their 2010 models. It provides you with a great opportunity to obtain a new car at a reduced price or to invest in a 2010 model. As the Government’s small business tax incentive is coming to an end, now is an even better time to buy. You may be entitled to up to a 50% tax rebate on your new investment.

To find out whether you would be entitled to make a claim under the tax incentive speak to your finance broker today. Your car finance broker can also seek a car finance package to suit your needs, circumstances and budget. With over 30 lenders to choose from, you will be sure to find a car finance solution for you.