Doing a Novated Lease

Most business owners acquire vehicles for work-related purposes. On some occasions, however, at least one employee may need a vehicle for his/her duties and for use off-hours. Companies may provide senior personnel with a vehicle under the individual’s compensation package. This requires taking out one through a novated car leasing programme.

Getting a Company Car for Employees’ Use

Businesses with employees who travel often on official functions need to have their own company transportation to shuttle these employees. Allowing the workers to use personal vehicles for business matters isn’t so professional, and letting them use public transportation individually might not be cost-effective in the long run. Besides, when a meeting must go ahead at a prearranged time and place, relying on public transport schedules can be counter-productive.

This calls for acquiring your own service vehicle. When you don’t have money to spare to finance one, taking out a car on loan from a business vehicle finance company may work.

Flexible Chattel Mortgage Rates and Leases Allow Easy Car Ownership

Businesses should bear in mind that there are several helpful ways for them to acquire vehicles for their workers to use without straining their budget. One method is to apply for chattel mortgages—which have low interest rates, several terms options for flexibility, a variety of residual value options, and even tax deductions for the payments made. Another option comes from lenders like Credit Group that offer a range of finance options including a commercial car lease in Melbourne and all major cities around Australia. A lease can feature various benefits such as discounts, servicing, insurance, and more, depending on the lender.
http://creditgroup.com.au/News/10/Flexible-Chattel-Mortgage-Rates-and-Leases-Allow-Easy-Car-Ownership

The Value and Versatility of a Business Vehicle Finance Arrangement

Companies and business owners looking for commercial auto finance plans should consider the options available to them before jumping in. There are two choices that they can choose from: buying the vehicles through a loan or leasing them. Of the two, a business car lease in Perth allows for more flexibility since the automobile’s residual value can potentially lower its lease cost. Additionally, commercial car lease payments are tax deductible, which can be helpful in a pinch. Although the price of vehicles is in danger of rising, Australian businesses have nothing to fear if they choose the right financial options.
http://creditgroup.com.au/News/9/The-Value-and-Versatility-of-a-Business-Vehicle-Finance-Arrangement