If you're clocking up high kilometers, you're also likely experiencing high car expenses. Each time you visit the service station, your hip pocket is likely hurting!
What if there was a smarter way to drive and save?
A novated lease could be your ticket to cutting costs, simplifying your finances, and driving stress-free. Here's how:
1. Fuel Costs Covered with Pre-Tax Income
Fuel is one of the biggest costs for high-kilometer drivers. With a novated lease, your fuel expenses are bundled into your lease payments and paid using pre-tax dollars, significantly reducing your taxable income.
This means you’ll save on tax while fueling up for your next trip.
2. Say Goodbye to Wear-and-Tear Worries
High kms means more wear and tear.
A novated lease includes maintenance, servicing, and even tire replacements, all covered using pre-tax income. Budgeting for these essential expenses becomes easy and predictable.
3. Tax Benefits, No Matter the Distance
Forget outdated rules that penalized high-km drivers. With a novated lease, you’ll enjoy tax benefits no matter how far you drive, helping you maximize savings while making the most of your vehicle.
4. Upgrade to a New Car Regularly
Driving high kilometers can quickly reduce a car’s resale value. With a novated lease, you have the option to upgrade to a new car at the end of your lease term, keeping you in a reliable vehicle without worrying about long-term depreciation.
5. Simplify Your Budgeting
A novated lease bundles all your car expenses – fuel, maintenance, registration, and insurance – into a single pre-tax payment. This keeps your costs consistent, even as your driving grows.
Bottom Line
If you’re driving high kilometers, a novated lease offers you tax savings, reduced expenses, and a stress-free driving experience. It’s not just a smarter way to manage costs – it’s a no-brainer!
Ready to Drive Smarter?
Take the hassle out of high-kilometer driving and start staving today. Request a quote now and see how a novated lease can transform the way you drive!