A Novated lease is the most stress free and tax-effective way to own a new or used car.
A novated lease is a three-way agreement between you, your employer, and a financier. The price of your new car is bundled with all its associated running costs into a single repayment. This repayment is then paid by your employer from your salary or income pre-tax.
This reduces your taxable income allowing you a saving on tax while owning a new car without having any out-of-pocket maintenance expenses along the way.
Own it with Lime Loans and talk to our Novated Lease expert today.