3 easy ways to get your next car for less

Getting your next car doesn't have to break the bank. Whether you're looking for a brand new vehicle or considering an upgrade, there are several smart strategies that can significantly reduce your costs. Here are three proven ways to get more car for your money.

1. Consider Novated Leasing

One of the most effective ways to reduce your car costs is through novated leasing. This arrangement allows you to pay for your car through your pre-tax salary, which can deliver substantial savings:

• Tax savings: Reduce your taxable income
• GST benefits: Save 10% on the purchase price
• Bundled running costs: Include fuel, insurance, and maintenance in your package

For example, a $50,000 MG ZS SUV could be leased for the same weekly cost as purchasing a $28,000 Mazda 2 outright, thanks to the tax advantages.

2. Drive an Electric Vehicle

Electric vehicles offer unique financial advantages that can make them surprisingly affordable:

• FBT exemption: Electric vehicles are currently exempt from Fringe Benefits Tax
• Lower running costs: Electricity is cheaper than petrol
• Government incentives: Various rebates and incentives available
• Reduced maintenance: EVs have fewer moving parts

The combination of tax exemptions and lower operating costs can make an electric vehicle lease very competitive with traditional cars.

3. Shop Around for Your Ideal Car

Don't settle for the first option you find. Strategic shopping can save you thousands:

• Compare models: Similar features might be available in different brands at lower prices
• Consider pre-owned: Quality used cars can offer excellent value
• Use fleet pricing: Lease providers often have access to fleet discounts
• Time your purchase: End of financial year and model year can offer better deals

Working with a specialist novated lease provider gives you access to fleet pricing and expert advice on the best value vehicles for your needs.

Start Saving Today

These three strategies can be combined for maximum savings. By choosing novated leasing for an electric vehicle that you've shopped around for, you could save thousands compared to traditional car purchases.

Ready to explore your options? Contact Inside Edge today to discuss how these strategies can work for your specific situation. Call 1300 551 987 or email info@iedge.com.au for expert advice.