Australian Drivers Save Over 50% On Petrol For Life

After the cost of funds, fuel is likely to be the second biggest cost of car ownership.  You already know how a novated lease saves you heaps on your car lease, (remember?  Lease repayments pre-tax, fleet-owners discount and no GST on the purchase etc etc) but did you know that a fully maintained novated lease will save you even more (proportionally) on your fuel?!

 

Here’s how…

Well first up, you use your fuel card which is regularly topped up via your pre-tax income.  Whammo – that’s an immediate saving of up to 47% depending on your marginal tax rate.  If you’re earning …

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