Novated car lease is a very popular way of car finance. If you are an employee, this famous deal is beneficial for both you and your employer. With novated car lease, you have to take care of the vehicle as if it was yours. When you make the agreement, it will be decided the length of the lease, the monthly payment, the residual value and the amount of kilometers you will be allowed to drive the car. Moreover, once the term ends, you have the option to purchase the car.
Novated car lease allows you to choose the car you want to lease among all the vehicles available. Besides, if your employer agrees, you can lease more than one car. Novated car lease is very flexible, affordable and great to finance your car.