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Can I use 1% finance I’ve seen on TV?

No. And although that sounds ridiculously low, you’d still be better off with a novated lease.

The money you’d ‘save’ with a low rate such as this, will be completely eliminated by the fact that you don’t receive tax benefits anymore. That’s why novated leasing is the ‘cheapest way to own a car’ – because it’s extremely tax-effective.

Additionally, you’re not likely to get any discounts at all on the purchase price. 
So you have a lower rate, but a higher amount financed.

Posted by The Autopia Team

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