Confused by novated leasing? There are some common myths about novated leasing that simply aren’t true.
A novated lease could help you save thousands of dollars every year while you get to drive your ideal car. Not just that, a novated lease can give you ultimately flexibility.
Here, we’re busting key myths about novated leasing to help you get the right car, at the right price, right now.
Myth #1: I won’t save much with a novated lease
Many people believe that novated leases have hidden costs and aren’t actually cost-effective in the long run. That’s a myth! A novated lease is actually one of the most cost-effective ways to get your ideal car.
With a novated lease, your finance costs come out of your pre-tax salary thus reducing your overall income and minimising the amount of tax you’ll pay.
Not only do you save on taxes, your finance and running costs are bundled into a single payment allowing you to have more cash in your back pocket to spend on the things that matter to you now. You’ll even save GST on the price of your car and ongoing costs.
Myth #2: There’s no flexibility
Think that you’ll get stuck with any old car? That’s a myth too. Novated leasing can actually be very flexible, allowing you to get the car you’ve been dreaming of.
At Inside Edge, we offer a personalised concierge service to help you get the car of your choice at the best possible price.
Our team of experts find your dream car through our national dealer networks to secure you the best price faster – all to get you on the road sooner. As a member of our novated lease program, you’ll also receive support 24/7.
Myth #3: I won’t be able to get an EV
EVs are a popular choice these days. Fortunately, they’re very compatible with novated leasing.
With government initiatives reducing the costs of electric vehicles, and novated leases offering big cash savings, you could be on the road in an EV sooner than you think. You can even benefit from even bigger cost savings than typical novated leases.
Our team of experts has a range of EVs available to suit your needs.
Myth #4: I don’t earn enough
Novated leasing isn’t exclusive to high-earners. Regardless of what you earn, if you are a salary employee, novated leasing could be right for you.
At Inside Edge, we offer a concierge service to personalise the experience just for you. That means taking into account your earnings and personal circumstances to find the ideal vehicle that suits your income and lifestyle.
Myth #5: I can only purchase a new car
Novated leases can actually be used for new, used, and even existing vehicles.
That means you gain ultimate flexibility in finding a car that suits you and your preferences.
Myth #6: It means dealing with car sales people
At Inside Edge, we’re anything but car sales people. We offer a concierge service to help you get the best possible experience. And we think our independent reviews from our clients speak for themselves.
Ready to save thousands with a novated lease? Reach out to our friendly team today.
Call us on 1300 551 987 or send us an email info@iedge.com.au.
