Can I get a novated lease on my existing car?
Novated leasing isn’t just for those looking for a new or used vehicle, it can also be done on the car you already own!
How does it Work?
The team at OptIn will work with you to determine an agreed value for your vehicle and then structure a lease based on this agreed value over your desired lease term.
Once we have secured the agreed value we will work out a budget for your running costs so that we can arrange for these costs to come out of your salary before tax to potential lower your taxable income, meaning you could pay less tax!
Steps:
Why novating your Existing Car?
Potentially save thousands in tax
Paying for your car and its running costs from your pre-tax income which in turn can reduce your taxable income and paying less in tax.
Cash out
By getting a cash back for your current car, you could put this towards something that could help you earn or save money, like putting it towards your mortgage.
Bundle Running Costs
Make budgeting easier with fuel, servicing, insurance and registration in one single payment.
Save on GST
Save on GST on all of your running costs.
How much could I save on my Existing Car?
Same car but with all of the benefits. A novated lease can be one of the most cost-effective and financially rewarding ways to run and pay for your car!
Starting a new role and need to transfer your novated lease?
make the transfer process
as easy as 1,2,3!
Switching employers doesn’t mean you have to give up the benefits of your novated lease!
Transferring your Novated lease with Optin Australia.
Step 1
Pass on your new employer details and we will arrange the setup with your new employer. This costs your new employer nothing to offer and we do all the heavy lifting to ensure there isn’t any strain on their payroll or accounts team.
Step 2
Step 3
OptIn will provide new payroll and accounts schedule to ensure a smooth transfer.
Step 4
Now everything is setup you can continue to enjoy the benefits of a novated lease with your new employer!
Not happy with your current provider and wish transfer your novated lease with OptIn Australia?
Whilst we understand that one of the main benefits of novated leasing is the tax savings but a close second would be the service you receive from your leasing company. If you’re not happy with the quality of service you are receiving, making the switch to OptIn today might be what’s missing.
Some of the service advantages we provide at OptIn are:
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