UNLOCK THE POWER OF YOUR SALARY WITH
OPEN THE DOOR TO YOUR DREAM CAR You’ve been dreaming about that new car but think it’s out of reach? Think again. With a FleetPartners’ Novated Lease, we’ve unlocked all of the possibilities to make owning and running a new car more affordable.
WHAT IS A NOVATED LEASE? A novated lease is a way in which you can obtain a vehicle plus all its running costs like fuel, insurance, registration and maintenance but packaged through your employer as a ‘salary sacrifice’. A portion is paid from your pre-tax salary, allowing you to turn your tax to your advantage.
Why choose a novated lease? It is the cheapest and most cost effective way to drive the car of your choice. Whether it’s a new, used or even your existing car and this can be for your personal use or even for a family member.
How it works? 1. You obtain a quote from the novated lease calculator or by calling us at 1300 88 22 66 2. FleetPartners source the car of your choice including national discount rates 3. Your employer approves the payments 4. FleetPartners arrange delivery of your new car 5. Your car and all its running costs are deducted from your salary in one easy payment
MAKE SERIOUS SAVINGS SAVINGS. A word we all love and one you’ll enjoy a lot of when you come on board with a FleetPartners’ Novated Lease. Here’s how: SAVE big on the purchase price of your new car – thanks to our national car buying power SAVE serious GST on the purchase price SAVE by bundling up your fuel, maintenance, insurance and roadside assistance SAVE by paying less income tax with a salary sacrifice SAVE time with a regular payment, convenient servicing and maintenance options that FleetPartners look after on your behalf If that’s not enough, feast your eyes on the next page and see how much more you’ll save* with a novated lease compared to other finance in the market.
COMPARE AND SAVE Model shown for illustration purposes only.
PERSONAL FINANCE
NOVATED LEASE
$80,000.00
$80,000.00
Monthly take home pay
$5,067
$5,067
Impact on take home pay
$1,092
$831
New monthly take home pay
$3,975
$4,235
Gross annual salary
Savings per month
Annual savings with a novated lease
$260
$3,120*
Based on a Mazda3 2.0 Touring Safety Auto FWD hatchback valued at $28,650.70 RRP and monthly running costs of $434.36. * The annual savings figure of $3120 is based across a three year (36 month) novated lease and is derived from the following criteria: 1) Average Adult Australian Salary of $80,000 - ABS Nov 2014 statistics 2) Vehicle purchased in VIC 3) Recommended retail price ($28,290.00) of Australia’s number 1 selling retail car the Mazda3 2.0 Touring Safety Auto – VFACTS Jan 2015 statistics 4) Travelling 25,000km annually 5) Salary Sacrifice using Employee Contribution Method (ECM) 6) Assumed residual value of $13,488.30) Personal finance comparison based on an interest rate of 9.47% pa. Payments made monthly in arrears over 36 months. Current 21/4/2015. The calculations are not intended as a substitute for any specific financial advice you may obtain. They do not contain all the possible combinations of data and have used certain assumptions. The effect of certain factors, which could have an impact on your individual circumstances, may not have been taken into account. Fleet Partners Pty Limited or any related bodies corporate cannot accept responsibility for any errors or omissions from the information or any reliance placed upon it. Your individual circumstances may affect the overall benefit of a Novated Lease. Contact us for a tailored quote.
WE’VE UNLOCKED THE TRUTH There are many common misconceptions around novated leasing. We’ve demystified some of these myths below and shared some stories from happy customers. “I thought that novated leasing was just for top level executives” Definitely not. It doesn’t matter what position you hold in the company, we base the quote and repayments on your salary and provide a package to match your financial situation. Anybody can save money and enjoy convenience with a novated lease.
“I’ll have to drive high kilometres to benefit” This is not true. Even employees driving 5,000 kilometres per annum can benefit from novated leasing. To see an example of the savings based on your unique salary use our online novated calculator fleetpartners.com.au/personal/novated-lease-calculator or call 1300 88 22 66.
“I have to drive the car for business use to apply for a novated lease” A novated lease has been designed purely for personal use, therefore you do not need to use your car for business travel to benefit from a novated lease arrangement.
LET’S GET YOU INTO THAT NEW CAR Ok, so we’ve unlocked how easy it is for you to enjoy a new car with a novated lease – now it’s over to you for some decisions. Great news, this can all be done online through myCar – our paperless platform which allows you to quote, order and arrange delivery of your car online with a few clicks. Alternatively, you can call to speak with our team of novated lease and vehicle experts.
1. CHOOSE A CAR
2. CRUNCH THE NUMBERS
Any make and model you fancy is within reach. This could also be the perfect time to upgrade the model you’re driving or get a second car for your family that you’ve always wanted. Our experts are more than happy to give you some advice too.
Once you’ve decided on the perfect car, leave it to us to crunch the numbers. We’ll use our buying power to lock in a great price for you, and provide you with a personalised quote based on your income, expected mileage and running costs.
3. CRUISE CONTROL
4. CHECKING IN
With all the admin stuff taken care of, the keys to your new wheels are in your hands. In no time at all, you’ll be hitting the highway happy, knowing how much you’ve saved to drive your dream car.
We will be in touch with a monthly statement to keep you informed on how you’re tracking, in addition to regular discounts that you can benefit from throughout your lease.
TESTIMONIALS “
I had a seamless and trouble free end to end experience with FleetPartners. The various people I dealt with throughout the journey were professional, courteous and extremely helpful. Certainly a credit to
the organisation, its reputation and brand.
”
Michelle, Business Relationship Manager, novated driver since March 2013
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It’s always a pleasure dealing with the customer service team at FleetPartners. Nothing is too hard or too difficult for them. Absolute pleasure to deal with. Thanks guys and gals.
John, Human Resources Manager, novated driver since May 2014
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I‘ve been very pleased with my novated car lease arrangement. I particularly appreciate the regular statements which enable me to see how I am tracking and the swift refund of expenses as required. Thank you.
Andrew, IT Officer, novated driver since September 2012
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I was very impressed when FleetPartners were able to beat my quote that I obtained through a different provider by over massive $90 a fortnight. This meant I would save over $2300 per year which I was obviously over the moon about.
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Amy, Digital Marketing Specialist, novated driver since July 2014
UNLOCK THE POWER OF YOUR SALARY WITH A FLEETPARTNERS’ NOVATED LEASE
1300 88 22 66 fleetpartners.com.au/fleetpartners/unlock-the-power-of-your-salary