In addition to the Finance Products available under general equipment finance, mbt is also able to offer the following products specific to motor vehicles:
- Novated Lease:
The employee chooses the car they want and the business pays for it from their pre-tax salary. If the employee leaves they keep the car and make the repayments or can re-novate with their new Employer.
Benefits to Business:
Not left with unwanted company vehicles - if the employee leaves they take the vehicle and the repayments with them.
Tax Benefits - Employer claims payments, pre-tax.
Benefits to Employee:
Increase effective value of salary package - lease payments made form pre-tax salary.
Unlimited Private use of the vehicle.
Flexibility - complete choice of vehicle and where to purchase it.
Never left without a vehicle - retain the car even if changing jobs. - Salary Packaging:
By combining vehicle finance (novated lease) with bugeted running costs, suchasfuel,registration, insurance and maintenance, a Packaged Vehicle Program will manage the entire process from beginning to end. - Fleet Leasing:
Depending on your business requirements, you may be able to offer your employees either a non maintained or fully maintained operating lease. - Consumer Leasing:
Where your vehicle is predominantly for Private Use, you can finance your purchase with a Consumer Lease.
For further information or to obtain a competitive motor vehicle finance quote, please email us today.