With no relief in sight to combat rising fuel prices, the cost of running a car remains one of the largest out-of-pocket expenses for most Australians [1][2]. Records are being broken all over the country, and with average prices sitting at around $2.00 per litre [3], it has left a lot of people looking for ways to cut costs or find cheaper solutions.
There’s no doubting that we all love a discount, and those ‘save 4 cents per litre’ ploys just simply aren’t enough. With a Novated Lease through Fleet Network, not only do you save thousands on the cost of your new car, but you get the added benefit of saving up to 40% on fuel!
You’re probably thinking “What’s the catch?”, which is understandable. If something was this easy and can save you money, why aren’t more people doing it? Well, they are! A rise in popularity in Novated Leasing has seen many people saving money completely hassle-free. Here’s how;
A Novated Lease allows you to use your pre-tax income to pay for fuel whilst minimising the GST you pay, effectively saving up to 40% at the bowser.
Need an example? Meet Abby!
Abby’s salary is $90,000 and she drives around 20,000 km per year. Her car uses 11.10 litres of fuel per 100km, and with the average cost of fuel being $2.00 per litre, this means Abby spends approximately $3,604 per year on fuel. With a Fleet Network fuel card, Abby saves $1,458 per year on the cost of fuel, effectively bringing down the current price from $2.00 to $1.19 per litre.
No more waiting for the ‘cheap fuel’ day or driving around to find the cheapest station. With a Novated Lease, you pay less, stress less, and enjoy all the savings.
It doesn’t just stop at fuel either. A Novated Lease covers all running costs of your car, including:
- Fuel
- Insurance
- Finance
- Registration
- Tyres
- Servicing
Thinking about a new car? Contact Fleet Network on 1300 738 601 or contact@fleetnetwork.com.au to discuss how you can benefit and save thousands.
Note: The percentage of savings will differ depending on individual circumstances.
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[1] https://www.drive.com.au/news/transport-costs-surge-in-australia-as-families-spend-more-on-cars-and-public-transport/
[2] https://rac.com.au/about-rac/media/media-releases/february-2022/a-quarter-of-motorists-will-struggle-to-pay-for-petrol-at-$2-a-litre
[3] https://thewest.com.au/lifestyle/motoring/fuelwatch-tells-motorists-to-fill-up-with-petrol-prices-set-to-hit-2-a-litre-c-5617597
[4] https://www.ato.gov.au/business/gst/in-detail/your-industry/motor-vehicle-and-transport/gst-and-vehicles-purchased-under-novated-leases/
