Novated Leasing Explained: Top 20 Questions Answered (simply)
Have you heard about novated leasing but been put off by how complicated it sounds?
Novated Lease Fringe Benefits Tax
Fringe Benefits Tax (FBT) is applied to fringe benefits received by an employee or their associates - i.e. family members - from their employer. It’s core to understanding how a novated lease works.
Novated Lease Pros and Cons
Understanding the pros and cons of a novated lease is essential to deciding whether salary packaging is the best way for you to finance a vehicle.
Novated Lease Residual Value
Often, especially right now with car shortages, you're able to sell your car for a much higher amount than the balloon payment owed. Any difference is yours to keep, tax free.
Novated Lease Interest Rates and Fees Explained
A novated lease is like any other financing arrangement where interest is charged.
Compare Novated Lease Used Car Options
The simple answer is:Yes, you can buy a used car with a novated lease.