5 things to look for in your novated lease provider

Getting a novated lease can be one of the most cost-effective ways to drive your dream car. If you're going to take on a lease, however, it's important to choose the right provider. That way, you'll ensure you get the best service and the most out of the lease.

Here are some key things to look for in a novated lease provider.

Do they offer bundled costs?

One of the major benefits of a novated lease is that you can save via bundled costs. Things like fuel or EV charging, insurance, and maintenance can all be bundled into a pre-approved regular payment. This can offer savings, helping you have more cash in your pocket right now.

When making the choice, do consider whether your costs are being presented in one simple payment and whether that payment is offering you the savings you deserve.

Are there end-of-lease options?

When your lease ends, ideally, you want to have options for what to do next. For example, you might wish to make a tax-free profit on your current car and get a lease on a brand new vehicle. Alternatively, you might explore refinancing your current lease so that it's the best financially for you.

Your novated lease provider should be able to offer you personalised service to help you get the best and most cost-effective option for you.

Is there fleet pricing?

One of the benefits of going through a novated lease company to get your car is that they should have access to fleet pricing – savings they can pass on to you.

When choosing a provider, ensure they have access to fleet pricing so that you can benefit from reduced costs.

Do they offer extensive vehicle options?

Whether you're interested in driving an SUV, a new EV, or a vehicle that's perfect for your whole family, you want to know that your novated lease provider can help you get the car you want.

Look for providers that offer extensive vehicle options and can help you access the latest models and technologies.

What's their reputation like?

Finally, consider the provider's reputation. Look for reviews, testimonials, and case studies. A good provider should have happy customers who are willing to share their positive experiences.

At Inside Edge, we pride ourselves on offering all of these services and more. Contact us today on 1300 551 987 to learn more about how we can help you get your dream car for less.