THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
Search Close Menu

Encyclopedia

Browse

or

Novated Lease

In Australia, a special closed-end operational lease contract directly between an individual company employee and the leasing company.

In cases where a company car allowance is part of the compensation package and during the individual's term of employment, the employer administers the program and pays the lessor's invoices, making a payroll deduction to the extent that the lease payment exceeds the agreed upon car allowance in the compensation package.

Should the individual leave the company's employ, future monthly invoicing (to the end of the contracted lease term) and payment is handled directly between the lessor and the individual.

Fleet FAQ

Fleet FAQ? Fleet Safety & Risk Management

As a 14-year CEI veteran, Brian Kinniry is the driving force behind the company’s...

Senior Director, Strategic Services

Brian Kinniry

Senior Director, Strategic Services

http://www.ceinetwork.com
Assistant Vice President, Business Development, Enterprise Fleet Management

Dain Giesie

Assistant Vice President, Business Development, Enterprise Fleet Management

https://www.efleets.com/en.html?mcid=faq:37241617
Associate Vice President, Strategic Partners

Sherry Calkins

Associate Vice President, Strategic Partners

https://www.geotab.com/

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.