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A Novated Lease is a financial solution that is utilised by individuals for the sole purpose of purchasing a vehicle; whether it is new or used. This type of finance is structured as a three-party agreement made between an employer, an employee and a finance provider.
Under this arrangement, one lease document is signed between an employer and a finance provider and another agreement signed between an employer and an employee. This structure helps by transferring the lease obligations to your employer while you are in their employment, which in turn can provide you with a wide range of benefits.
The running cost of the vehicle such as registration, fuel, tires, maintenance, car finance, and insurance are bundled in a single monthly payment that is taken out of your pre-tax income. Most employers make the lease payments for the employee, deducting them from their pre-tax income.
No deposit is needed and terms are flexible so you’re not locked in and can upgrade to a new vehicle as and when you want to.
Our experienced team at GCC Business Finance are here to assist and help you get started. There are many advantages you could benefit from when you novate your vehicle with GCC Business Finance, such as:
GCC Business Finance provides Novated Leasing to employees who are willing to include the vehicle within their salary package and wish to enjoy the tax-effective benefits of doing so. As a novated lease reduces your taxable income, you pay less tax and in turn increases your disposable income.The application process is simple and the approval time is fast.
If you are an employee and are interested in this opportunity then contact our GCC Business Finance team on 1300 011 311
To Apply Click here
Are you looking at buying a property or refinancing an existing loan? Do you need construction finance for a property development? Call today for a confidential chat:
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I had the pleasure of dealing with Chris and the Global Capital team when I recently purchased a vehicle. They were efficient, shopped around for a great rate and repayments, and even found a dealer error that saved me a significant amount of money.
Principal and Financial Planner
We have found Chris Slack to be professional, timely and passionate about getting the right outcome for us as clients. The finance approval process was well managed by Chris who was proactive and not reactive and he made sure that the deal was approved and settled as fast as possible.
I have no hesitation in strongly recommending Chris Slack at Global Capital to anyone seeking finance
I made a call to Chris Slack at Global Capital Commercial as I had a longstanding client needing finance to take advantage of a rare opportunity.The deal had many issues and complexities but Chris demonstrated his experience and strong business acumen in dealing with complex transactions to assist get the deal done.
I do recommended Chris and Global Capital Commercial as they will work closely with you to make a deal happen.
Thanks again Chris, great outcome for all involved.