How can you use a novated loan to help
finance your car? Find out more below...
How it works - Ever wish you could
streamline your car payments? The Novated Loan helps you integrate your
financing payments into your salary structure with the help of your employer!
Choose a non-maintained novated loan to retain some control of how you pay for
your car’s expenses and a maintained novated loan if you would prefer all the
variables to be taken care of.
Pros - There is convenience in including
your payments in your salary. Both parties are rewarded in this mutually
beneficial relationship and more than in just good feelings! There are tax
deductions also of course! And the lender is happy to lend you a larger amount
at a smaller interest rate too.
Cons - The car remains under your name
so if you are out of a job, the responsibility is on you to continue making
payments.
The Novated Loan can make your life
easier, but let The Smarter Finance Company help you work out the details. Call
us today!
Car financing for Newbies - The Novated Lease
Car financing for Newbies - The Novated Lease
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