Remunerator News

Jul 29 2019

Myth Busters: Novated Leasing

Myth: Novated leasing is an administrative nightmare
Novated leases are sometimes perceived as a whole lot of administration and paperwork throughout the entire lease. This is certainly not the case – Remunerator’s process is designed to be stress free and as simple as possible.

All you have to do is request a quote on the car you want through our online calculator here. Our team will explain the quote to you and our simple online application process. Remunerator will take care of everything from selling your current car to sourcing your new car and managing the administration to get you into a novated lease. Throughout the lease Remunerator ensures that your budgets are on track and everything is running smoothly behind the scenes. All you have to do is drive your new car!

Myth: Novated leases are for business-use only
Novated leases are designed for both personal and business use. In fact, novated leases are specifically tailored to fit each individual and their lifestyle. A novated lease allows you to save on the purchase price of the car and vehicle running costs regardless of the business usage of the vehicle. However, higher business usage could save you even more!

Myth: Novated leasing is for brand new vehicles only
You can get any car you want on a novated lease – new or used cars. Remunerator can source you a brand new car with fleet network discounts. You also have the option of sourcing your own car new or used. Used cars are an excellent way of affording your dream car without the scary price tag.

In addition, you are also able to lease the car you already own through a sale and leaseback or associate lease.

Myth: Employers are guarantors for novated leases
Novated leases aren’t company cars. If you leave your employer you can take the car with you – it’s your car after all! Our end of lease management program allows you to choose the option that’s right for you whether you continue repayments at your new employer or pay out the car. One way or another, the car is yours.