Friday, May 16, 2008

Car Leasing - Novated Lease in Melbourne?

To lease or not to lease - that is a question!

I remember going for a car lease in 1996. It was my first lease and gladly I accepted the terms on that brand new red Ford. However when I received the first monthly statement - my logical part could not get it. The lease payment was so high that I could do much better using a portion of my home loan. I jumped out of that car lease the next day.

Things can be different for you.
Take the service offered by Fleet Partners - Australian car leasing company.

Based on serious money and even more serious car leasing expertise, they offer a range of solutions. Novated lease - is one of the most attractive one. Why - because it is a win-win for employees, employers and finance provider.
Employees win because they pay for the car BEFORE tax, employer does not need to worry about car maintenance and repairs, financial organization eventually makes money.

For those of us with mathematical skills I will tell that car leasing is less feasible than cash purchase. However without car lease we will never be able to drive a brand new car...