Author Archives for Admin9
- November 21, 2016
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- Posted by Admin9
- Comments Off on Novated Bike Lease
Novated Bike Lease - secured loan.
At Get That Bike Loan, we can help you find the right fully maintained Novated Bike Lease. A Novated Bike Lease is an agreement between, three parties ; the employee, their employer and the finance company. It operates by creating a Finance Lease Agreement between the employee and the lender.
Benefits of a Fully Maintained Lease
For Employees
Lease payments and operating expenses are paid with pre tax dollars
Your employer makes the payments [...]
A Novation Agreement is then entered into between all parties, which will transfer responsibility for the lease rental commitment to the employer during the lessee’s period of employment.
In addition to the lease rentals some of the bike’s operating expenses are also able to paid with pre tax income ; some examples are
Comprehensive, Security Shortfall and Loan Protection Insurance Vehicle registration Fuel and oil Tyres Servicing requirements
Benefits of a Fully Maintained Lease
For Employees
Lease payments and operating expenses are paid with pre tax dollars
Your employer makes the payments [...]
