Novated Lease Mythbusters
Novated Lease Mythbusters
Ah, myths. They seem to grow a life of their own. This is especially true in the world of novated leasing.
I need to be a high-income earner.
I need to drive lots of kilometres.
I can only lease a car for business purposes.
Not true.
Not true.
Not true.
And then there’s perhaps the biggest misconception: that you can only salary package a new car.
If you’re attached to your existing car – and many people do grow quite a connection to their wheels. Maxxia can help you package all your running costs under a novated leasing arrangement.
This means paying for the expenses you’d be up for anyway – petrol, registration, insurance, servicing and the like – with some of your before-tax dollars!
With Maxxia you can also take out a novated lease on a used vehicle, provided the car is generally no older than seven years at the end of the lease term.
But regardless of whether you lease a new, used or current car, you’ll enjoy the same convenience and potential tax savings.
To learn more about the flexibility and benefits of a novated lease through Maxxia visit maxxia.com.au.