Gone over to the dark side

[COPYME]

funkymonkey       yes, well great fuel economy is somethng us N/A-ers take for granted  downside is lower momentum pushing head back into chair and constant tendancy to see purple GTRs taillights.  

What about Silver GTR???

[nismostu]

This is taken from the LeasePlan site:

"What is a Novated Lease?

A Novated Lease is a triangular arrangement whereby an employee takes on a personal finance for a vehicle (usually a finance lease) and 'novates' it to his/her employer who then becomes responsible for all the lease payments while the employee is employed. The monies required by the employer to make the lease payments are deducted from the employee's pre-tax salary.

What is a LeasePlan Novated Lease?

In addition to financing the vehicle, LeasePlan manages all services associated with running a vehicle: insurance, fuel (via fuel cards), maintenance, repairs, tyres, road-side assistance, etc"

At the end of the lease I can either pay out the residual value and its mine or sell the car and move on to another new one. I also have chosen my particular lease as if I decide to leave the company (or if I'm made redundant) I can pay $100 and walk away.

Hope that helps

Stu