Why doesn't every employer offer novated leasing

Do you want to see the answers we have been given...

  • It costs the company too much...
  • Our staff are mostly office bound, so it wont work...
  • Too hard to explain to employees...
  • It didn't work for XYZ company...

We agreed to all of the above... if you use the wrong fleet management company.

Novated leasing shouldn't cost the employer (anything!) but some admin to push the paperwork around. We have seen some fleet providers want to charge upwards of $5,000 just to set the employer up on their own system. We have a very clear and precise process that makes administration uncomplicated.

Zenra is there to educate your employees of the financial impacts of their car choices and we may not even get to charge them a management fee... because a novated lease might not be the best method of buying a car in their situation.

We don't see too many employees where this happens, but should their expensive car (over $150,000) be driven only a short distance every year (less then 10,000 kms) combined with a top tax bracket salary, well... they may be better off in a commercial hire purchase or a mortgage redraw.

Zenra is also there to assist your employees in the administration of novated leasing, that might be where XYZ company went wrong, they didn't know what questions to ask, maybe poor communication or just didn't have the whole picture.

Not sure how happy you are with your current provider, call us anyway, changing providers isn't usually an instant fix anyhow, but who knows what our team will offer to assist.

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