QLD Money does more than find our customers the best rates on car loans and insurance. We can also help you find your next car and arrange leasing.
Novated Lease
If you are looking for a tax effective way of financing your car and your employer offers salary packaging, a Novated Lease could be the answer.
A Novated Lease Might Suit You
A Novated Lease is suitable for employees who want to include a motor vehicle as part of their salary package. Secondly, you need to be using your car predominantly for business use, or your employer needs to be 100% FBT exempt.
However, recent proposed changes to the Fringe Benefit Tax mean that a Novated Lease may not be the best option for every employee. QLD Money recommends that you seek independent advice about which product is suitable for you.
Benefit With A QLD Money Novated Lease
- Flexible lease terms from 12-60 months
- Car running costs are paid in pre-tax dollars, meaning potential tax savings.
- Fixed interest rate for the life of the lease
- Fixed repayments for the life of the lease
- Lower interest rates than our competitors
- Finance 100% of the purchase price (subject to credit approval)
- Financed amount is less GST – GST on the purchase price of the vehicle is claimed back by the finance provider on your behalf. This lowers the amount financed to the purchase price minus GST
- Portable – a Novated Lease can be re-novated from one employer to the next (subject to the new employer’s acceptance.)
- Choice of car to best suit your needs
- Speed of approval means you could be in your new car within 24 hours
- Hands on personalised service from an experienced car leasing consultant
Tax Benefits Of A Novated Lease
A Novated Lease can offer significant tax advantages to employees, but the potential benefits depend on a number of factors including but not limited to, your salary, the type of vehicle, kilometres travelled annually, FBT method used and the rate charged by the Nominee.
Car Finder Service
Fed up with dealer with running from dealer to dealer trying to find the best deal on a new car. Save yourself the hassle with the QLD Money Car Finder Service.
Finding The Right Car For the Right Price
Choosing a car is not easy. The Australian market offers extraordinary choice and navigating the various makes and models is a daunting prospect for many consumers. And then there is the question of price. It can be hard to figure out if the car you want to buy represents good value for money. That is where the QLD Money Car Finder Service comes in.
We’ll Get You The Best Price On Any Car
We can either source your vehicle of choice or provide you with options based on your stated preferences. It doesn’t matter what care you are looking for, we can help you find it and then negotiate the best possible price on your behalf.
As Licensed Motor Dealers, we source vehicles nationwide from a network of Motor Dealers, Dealer Auction Houses and Wholesalers. Our access to such a vast network of dealers means we are able to get you the best deal possible.
Expect to save significant sums with the QLD Money Car Finder Service.
What Are The Benefits Of Our Car Finder Service?
The QLD Money Car Finder Service offers you many benefits.
- A dedicated car finder consultant
- The best price on your dream vehicle
- No more emotional negotiations
- Easy access to finance if required
- No need to speak to several dealers
- Even if you have a quote, we can usually beat it
- Time savings due to less running around, less negotiation
We Guarantee Our Service
We are so confident in our ability to save you money that we guarantee to gladly refund you the difference should you happen to find a lower priced vehicle. You can’t lose. (Terms and conditions apply.)
Residuals and Terms
| Term (Months) | 36 | 48 | 60 |
| Amount (%) | 45.00 | 35.00 | 25.00 |
Minimum ATO Leasing Residuals
| Term (Months) | 36 | 48 | 60 |
| Amount (%) | 46.88 | 36.50 | 28.13 |
Maximum Leasing Residuals
Mercedes, Lexus, Volkswagen, Audi, Range Rover, Jaguar, Volvo, Alfa Romeo
| Term (Months) | 36 | 48 | 60 |
| Amount (%) | 60.00 | 55.00 | 50.00 |
Holden, Ford, Toyota, Mazda, other non exotic
| Term (Months) | 36 | 48 | 60 |
| Amount (%) | 55.00 | 50.00 | 45.00 |
Porsche
| Term (Months) | 36 | 48 | 60 |
| Amount (%) | 65.00 | 60.00 | 55.00 |
BMW
| Term (Months) | 36 | 48 | 60 |
| Amount (%) | 70.00 | 65.00 | 60.00 |
*The above residuals are for guidelines only and are subject to approval.
