Ultimate Guide to the Best Mercedes Benz Lease Plans for 2024
Leasing a Mercedes Benz is synonymous with enjoying luxury and efficiency. As 2024 approaches, understanding the best lease Mercedes Benz plans is crucial for potential lessees seeking value and top-tier amenities.
This guide explores the advantages of a novated lease for a Mercedes Benz, a financial arrangement that enhances the ownership experience by making it more affordable and convenient.
Drive Your Mercedes Benz with Novated Lease Perks
Opting for a Mercedes Benz novated lease through Novated Finance sets you apart.
Here's why this choice is a smart move:
Reduce Your Taxable Income
A primary benefit of the novated lease is the ability to reduce your taxable income. Payments for your Mercedes Benz come out of your pre-tax salary, which lowers your tax bracket and can significantly decrease the tax you pay annually.
Pay for Vehicle Running Costs out of Pre-Tax Dollars
Another financial advantage is paying for all vehicle-related expenses—fuel, maintenance, and insurance—using pre-tax dollars. This approach can lead to considerable savings, making luxury more affordable.
Bundle Finance and Running Costs into One Fixed Payment
When you choose a novated lease, the finance and running costs of your Mercedes Benz are bundled into one fixed monthly payment. This simplification of expenses helps in better financial planning and budget management.
No FBT on Electric Vehicles (Under $89,332)
One of the most attractive perks, especially for eco-conscious drivers, is the absence of a Fringe Benefits Tax (FBT) on electric vehicles valued under $89,332. Models such as the 2023 EQA 250 benefit from this exemption, enhancing the savings.
Access to Cheaper Vehicle Purchase Prices
Through novated leasing, you gain access to potentially lower vehicle purchase prices. Leasing companies often have agreements with manufacturers or dealerships to offer vehicles at reduced rates.
24/7 Accident Management & Roadside Assistance
The perks extend beyond financial savings. Novated leases typically include comprehensive accident management and roadside assistance, ensuring that help is always available no matter the time or place.
2023 Mercedes Benz EQA 250
Let's delve into specifics with the 2023 EQA 250, an exemplary model available under a novated lease:
Model: EQA 250 H243 MY24 4D Wagon
Type: Electric
Transmission: 1SP Automatic
Total Purchase Cost: $85,957
Estimated Weekly Cost: $243
Estimated Savings Over Term: $47,093
This electric wagon combines style, efficiency, and the advanced technology Mercedes Benz is known for, all while being an economically sound choice under the novated lease framework.
Novated Finance Australia offers the best Mercedes Benz lease options for you! Read some honest clients’ reviews here.
Considerations Before Leasing
Financial Assessment: It's essential to assess financial situations as lease agreements entail monthly payments and, often, a substantial initial payment.
Deals Variation: Lease deals can vary by region and time, so checking the latest offers from local dealerships or the official Mercedes-Benz Australia website is recommended.
Credit Influence: A potential lessee's credit score can significantly influence the lease terms, including eligibility for the best offers.
Enhancing Your Mercedes Experience with a Novated Lease
The benefits of leasing a Mercedes Benz are clear, but the added advantages of a novated lease make it an unbeatable option for many. From tax savings to fixed payments and additional support services, it's designed to provide a hassle-free ownership experience.
Driving a Mercedes Benz should be as enjoyable as it is practical. With a novated lease, you save on costs and gain peace of mind, making it an ideal choice for those who value luxury and efficiency.
How to Set Up Your Novated Lease for a Mercedes Benz
Here's a step-by-step guide to get you started:
Step 1: Choose Your Mercedes Benz Model
Begin by selecting your preferred Mercedes Benz model. Whether you're interested in a sleek sedan, a spacious SUV, or an eco-friendly electric vehicle, find the perfect fit for your needs right here.
Step 2: Fill Out the Fast Form
Simply fill out our quick form, and we'll arrange a call to discuss your options and answer any questions you may have.
Step 3: Complete the Credit Application
Once you complete our credit application and receive approval, you'll be ready to sign the lease documentation and officially move forward with your novated lease.
Step 4: Employer Onboarding
We will send onboarding information to your employer, guiding them through the process. They will then sign the deed of activation, which is crucial for finalising the lease terms.
Step 5: Vehicle Delivery
Your new Mercedes Benz will be prepared for delivery upon the finance settlement. Soon, you'll be behind the wheel of your dream car.
Step 6: Seamless Payroll Advice
Finally, we issue payroll advice to your department or payroll supplier (like Xero), ensuring that all payment arrangements are set up seamlessly. This step guarantees that all financial transactions related to your lease are handled smoothly, without any hassles.
Are you ready to drive your dream Mercedes Benz with the smart savings of a novated lease? Contact Novated Finance Australia today for the best Mercedes Benz lease options and discover how easy and affordable luxury can be!
Frequently Asked Question
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Reducing your taxable income and managing vehicle expenses with pre-tax dollars will lead to significant tax savings.
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A wide range of Mercedes Benz models are available for novated leasing, including traditional and electric vehicles.
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The lease can typically be transferred to your new employer, or you might have options to continue the lease independently.