A novated lease allows you to make payments from your pre-tax income, potentially reducing your taxable income and increasing your take-home pay. A traditional car loan is paid from post-tax income and does not include vehicle running costs.
A novated lease allows you to make payments from your pre-tax income, potentially reducing your taxable income and increasing your take-home pay. A traditional car loan is paid from post-tax income and does not include vehicle running costs.