Novated lease calculator- an essential product

The best thing that can happen in terms of getting a car from the company is having a scheme in such a way that one can get the car with the help of paying only some money from your salary that is pre-tax and is a good enough way for you to own the car of your dreams. This type of lease is available only in Australia and that is something that is enviable for one and all as this is a type of lease that is the best and can do wonders for one and all. So many of the people have been benefitted from such a lease that one can easily say that it is the best things that have happened to the employed Australians. Many people in Australia have taken the benefit of such a lease and that can have the most amount of benefit for you. The concept of a novated lease is that the employer is the broker and makes a deal with the car dealer as to the car that its employee wants to buy. Then a pre-tax amount from his salary is deducted every month to pay for the car. In such a case, both the employee and the employer is happy with the outcome and hence one can genuinely say that one is flabbergasted with this new concept. The novated lease calculator is another type of a good system whereby one can calculate getting all the factors into check, the amount of money that you have to give to the car dealer from your pre-tax salary every month. This is a tool that can give you an estimate as to how much money will be needed and the time taken to repay that lease and get full possession of the car.

The reason that the employer gives this lease and acts as a broker is that the company will save a lot of money if they do not have to provide the transportation for the employee and that will result in a lot of money saved from that company. There are also a lot of things that can happen to the employer in terms of not maintaining a car or a dedicated staff to maintain the transport, and hence they can save up a lot of money in this regard and that can actually make it very beneficial for the company.

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