Thursday, July 10, 2008

"Vehicle Salary Packaging - How can it save you money?" Part 1

Saving on the Purchase Price
There are three main ways to save money when you salary package a vehicle via a Novated Lease. The first way of saving money is on the purchase price of the vehicle. Some employees will be able to access additional fleet discounts normally only available to corporations with large fleets of vehicles. This discount is available to you because the account manager at the novation company can often buy at fleet prices as a result of the large amount of business he puts the way of car dealerships. The discount will depend on the quality of the novation company you choose and the type of car.

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