Buying a new car can be expensive but there are other options than simply buying the car outright. As the modern world moves forward and financing becomes available you can simply opt to lease your car and pay a little each week off the total price. At the end of the lease you will own the car outright. There are different leasing and financing options and whether financing is the right choice for you will depend on your situation. Novated car lease options are also a popular choice for those in employment you can use the novated car lease calculator to work out how much money you will spend and how much you will save.
Finance Lease
When you opt to buy a car on finance you will sign a contract to say that you will pay a certain amount each month. This amount must be paid or the car will be taken away. The rate is usually negotiable dependent upon how many months you want to pay off the car. This is a good option for those who want a new car but want to cover the cost over time.
Novated Car Lease
A novated car lease is a n even better option for those who want a new car. A novated car lease is an agreement between you, your employer and the lease company. You lease the car and then it is transferred to your employer. Your employer will pay the fees and then deduct the amount from your salary before tax. This means you pay less income tax and can reap the benefits of owning your own car. The novated lease calculator from http://www.novatedcarleasecalculator.com?can help you understand how much money you can save when you opt of this option of car financing.
Source: http://theweekendpost.com/novated-lease-calculator-and-other-car-lease-options/
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