Novated Lease - What Are The Benefits For Common People

Novated lease has many advantages. Employee can easily get this advantage & get many facilities. For its financial facilities it's becoming more popular day by day to the general employee.

Chastwood, Australia (prHWY.com) October 31, 2011 - Novated lease is the easy way of purchasing car or vehicle. It is a three step agreement. It is an agreement between employer, the employee & the car loan company. This agreement called "Deed of novation". For more information; browse the site www.novatedleasedeals.com.au/novated-lease/explained/

The novated lease is one kind of a salary packaging form. It is lease package for purchasing only car or vehicle. Now-a-days it is being used more by many companies. Especially those companies who wish to collect best employees. Novated lease has some special benefits for not only employees but also employers too.

Novated lease has some attractive benefits. The car that one purchase on novated lease can use the car as 100% personal vehicle & the employer does not have any right to use the car. If the employee want to transfer this job then the lease may be transferable to new job & the main employer have no responsibility for the financial payment of this lease.

By this lease one employee can buy vehicle of their own choice & they can purchase new or used car too. This loan is taken out the name of employee & the main employer does not have any kind of responsibility for this. The repayments of this lease are fixed over in some term & they must repayments the loan between 12 to 60 months. One can save more money from tax & in this loan just require a little portion of one's income.

One can easily calculated his amounts of loans by using the novated lease calculator. This calculator will help you to calculate any amount of loans & you're paying date also. So you have no extra headache to calculate yours loan amount or paying date. So it is a benefial lease for any kind of employee to enjoy a fully personal vehicle & they can save their money & tax by this leasing system.

The other benefit is for the employers. They can make an attraction between all the employees by this lease. So they can easily find out a better employee. They can also save their administration cost & time too. It has become a popular form of car loans.

The employee can repayments his/her loan by his/her own afford & the employee does not responsible for the repayments of the loans & the main employer cannot use the car. So it can make a great attraction for the employee & the employers too. In case you are still confused about it; you can check www.novatedleasedeals.com.au/novated-lease/explained/ and everything is explained here.

Contact Info:
Contact Person : Shaun
Telephone : 1300 34 33 88
Fax : 02 9009 0711
Address:
Level 1, 48 Albany St, PO Box 724
Crows Nest, NSW, 2065
Email ID : adamsmeeth82@gmail.com
Website: http://www.novatedleasedeals.com.au

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Tag Words: novated lease

Categories: Finance

Press Release Contact
Level 1, 48 Albany St, PO Box 724
Crows Nest, NSW, 2065

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