novated lease management
for employers

• fingo’s systems are tailored for efficient and informed working relationships.
• regular management meetings and reporting, both electronic and paper based.
• effective communication and information flow with the hr or payroll department.
• regular presentations to staff about our services.
• provision of an employer login to provide access to all employee details at any time.
• inclusion of fingo’s information, including tools and worksheets, on company intranet.
• provision of an online tracking system for employees.

customer satisfaction is paramount. fingo operates on the values of transparency, minimised risk and providing a variety of options to best suit our customers individual wishes and requirements, including:

• we are generally able to obtain the best new car price for customers. if a cheaper written quote is attained directly and fingo is unable to match it, we will provide a free vehicle protection pack to the value of $695 after we order the vehicle on your behalf.
• optimum vehicle replacement (ovr) – we will advise customers of the ideal time to replace their vehicle with no additional out of pocket expense.
• residual value comparison – we will provide an estimate of the future value of each vehicle to assist in the selection of an appropriate car and residual lease payment.
• we are able to offer non-novated leasing and car loans, if this best suits customer circumstances.
• fingo will provide much greater consumer protection because we operate under national consumer credit protection (nccp) , being a provider of consumer as well as commercial finance. (australian credit licence number 422 347).
• fingo is also a a licensed motor car trader (lmct) which enables us to offer additional options to consumers including: higher trade-in values and provision of quality used cars, if desired.

we take into account taxation benefits, cost effectiveness and vehicle desires in order to provide the right finance package for the best value. our focus is to ensure each employee is confident and capable of making an informed decision that best suits his or her personal circumstances and requirements.

fingo has built its business by providing exemplary customer focused service. flexible lease options are central to our offerings and include our ability and willingness to:

• provide a range of varied finance products depending on the customer’s financial circumstances and offer competitive interest rates – both are made possible through our access to a vast financier lender panel.
• arrange finance for cars up to 10 years old and provide flexible terms from 1-5 years.
• advise employees on the ideal time to replace their vehicle with no out of pocket expense (optimum vehicle replacement).
• provide a residual value comparison – we estimate the future value of each vehicle to assist in the selection of an appropriate car and residual lease payment figure.

fingo provides timely information, by email, hardcopy or direct viewing access, concerning all aspects of the automotive novated lease program. our employer report contains the fleet information for the planning and preparation of annual fbt returns (by the 21st of april each year) including:

• the name and employee number of each employee
• the registration number of each novated vehicle leased by the employee during the fbt year
• the delivery date or lease commencement date for each vehicle
• the planned lease expiry date
• the termination date of any lease, where the lease was terminated or prior to the planned lease expiry date
• the fbt base value of each vehicle; and the opening and closing odometer readings, for the fbt year.
• individual driver reports, which can be exported to an excel spreadsheet to provide a monthly, or an annual, summary statement showing each employee’s budgeted versus actual expenditure for the period and any required adjustments or variances.
• additional reports are available upon request at no additional cost.

upon termination of the employee’s participation or employment, fingo will provide a timely set of reports to both the employee and employer detailing the total of all costs and charges levied during the lease term, the total of all periodic installments paid by the employer and any surplus owed to, or deficit payable by the employee.