What is a Novated Lease and How Does it Work?
Автор: Phil McGilvray
Загружено: 2026-03-01
Просмотров: 27
Описание:
Thinking about buying a new car and wondering if a novated lease is worth it? In this video, I explain in simple terms what a novated lease is, how it works through your employer and why it can be such a tax effective way to own a car, especially an electric vehicle.
Using a real client example, I break down the numbers, cash flow impact, tax savings and what to watch out for so you can decide if a novated lease suits your situation. Watch now to see if this could save you money on your next car.
Here's the link for the Novated Lease Checklist:
https://iamamoneyboss.com/novated-lea...
00:00 Introduction
01:12 Components and Process of a Novated Lease
10:30 Financial Breakdown and Tax Benefits
10:47 Considerations and Potential Pitfalls
11:01 Advantages and Disadvantages of Novated Leases
11:18 Final Thoughts and Recommendations
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