Here is the process in as few words as we can put it……

1. Your employer confirms that you are able to salary package a novated lease
2. You choose a car – new or used.  Maximum age at end of the lease is 10 years.
3. We prepare a proposal of the costs of finance and running costs for your choice of lease term and kilometres.  The proposal will outline the inclusions, costs and tax savings.
4. Apply for finance for your chosen term (12 to 60 months).
5. Once finance is approved and the car is ready for delivery we generate the paperwork and you and your employer review and sign
6. We submit the paperwork to the financier and they “settle” the finance and pay the vehicle supplier
7. We send a payroll advice to your employer and they commence deductions from your salary
8. We send you a login to our online system so you can track your spending
9. We post you a welcome pack with fuel cards outlining in greater detail how everything works
10. You enjoy your new vehicle and the tax savings through Novate One