A Novated Lease lets you use your pre-tax income to pay for your car and its running costs. How? A Novated Lease is an agreement between Easi–your employer–and yourself. Your employer pays your vehicle payment for you via salary packaging.
Regardless of whether your employer currently offers salary packaging, Easi can provide you with a Novated Lease. Simply let Easi know which car you would like to purchase – request a quote.
Easy Comparison of Cost Savings for a Novated Lease
Two Administration officers:
- Income: $60,000
- Buying: $25,000 Car
- Travelling: 15,000 km a year
- Loan: 5-year term
|Novated Lease||Consumer Loan|
|Price $22,836.80 (no GST)||$25,000|
|$10,500 tax saving||$0 tax saving|
|Convenience||Irregular Cash Flow|
|$22, 727. 27||$36, 344. 21|
A total benefit of $13,616.94
Plus, you can stay in control of your budget, optimise your tax savings and drive your dollar further.