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Novated Car Leasing - whats that?


Guest Yorkshirefolk

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Guest Yorkshirefolk

Hi,

I've got a job withe Department of Human Services (social work post) in Victoria. Apparently are part of the Novated Car Leasing Scheme ( what ever that is!!)

 

Just wondered if anyone had any experience using this or another car leasing scheme through work and whether its cost effective. You seem to get some kind of tax benefit but I can't understand the australian terminology behind it.

 

One of the conditions appears to be that they will only let you have an Australian manufactured car , all of which appear to be big gas guzzlers.

 

 

Would be grateful for any throughts

 

best wishes,

 

 

Liz

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