What's in a name
What's in a name
People have long given affectionate names to the non-human entities they spend their lives with – think pets, plants, toys, musical instruments, boats, volleyballs (who could forget Castaway’s ‘Best Support Actor’, Wilson?) and, of course, cars.
There’s certainly been some famous cars over the years – Herbie the Love Bug; Bandit from Smokey and the Bandit; Knight Rider’s Kit; General Lee from The Dukes of Hazzard; Christine from the 1980s horror flick of the same name – and the tradition is now celebrated in America on October 2 with ‘National Name Your Car Day’.
Whether yours is a Larry, Lizzy, Kermit, Axel or Diablo, or you’ve played the appearance or brand card (Donnie the Datsun; Buggy the Beetle), you’re limited only by your imagination.
Speaking of monikers, novated leasing is a bit of an odd name for something that could be a great vehicle (see what we did there?) for getting you into a car that you can really connect with. Maybe one with leather seats. Cool gadgets. A decent sound system.
But what is a novated lease – apart from “that thing where you save income tax”?
Basically, your employer leases a car on your behalf, and in your name, and instead of paying with the salary you have left over after tax, your lease is covered using funds from a combination of your before- and after-tax salary. You also save GST on the purchase price of the vehicle.
Then there’s the convenience: all your car’s running costs – fuel, insurance, servicing and the like – are rolled into one regular payroll deduction. No more juggling bills and due dates!
Aside from connecting you with a car you may not have previously been able to afford, what all this could mean is more money in your pocket, and more time doing fun stuff.
Like taking Nero, your latest-model Nissan, for a weekend spin.
To get into a car you can really connect with, contact us.