Cost Benefit Considerations

One of the most common questions asked is whether a novated lease is financially the best way to budget for a new or used car?

Statewide completes a cost benefit analysis for each quote and provides this to the employee for their reference. This helps to determine if, considering the employee’s particular circumstances, a novated lease is the best financial option for the employee to acquire the particular motor vehicle.

Statewide, under its licensing, is required to work in the best interest of their clients. If a novated lease is not the best option, the employee will be informed that this is the case and given the reasons why.

For more information on novated lease interest rates click here.

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© 2021 Statewide Novated Leasing Pty Ltd trading as Statewide Salary Packaging | ABN 48 101 218 731

Australian Financial Services Licence - 439732 | Australian Credit Licence - 387111 | Tax Practitioners Board Registration - 24792339

We acknowledge the traditional Custodians of the land on which we work and live and those who have been custodian to this country for eons. We recognise their continuing connection to land, culture, community and spirit. We pay our respect to the old people who have walked before us and to the wise ones who guide us in the present, as we collectively take responsibility for the young ones who will guide our future.