Previously Cairns best kept dining secret, the Larnxarng (which means a million elephants) Lao & Thai Café Restaurant has developed a reputation for being one of the best value BYO establishments in the city.
Traditional and authentic recipes from Thailand and Laos are prepared by our chefs using fresh vegetables, herbs and special ingredients to provide rich balanced flavors.
Dau Knapton and her friendly staff will ensure that your dining experience at Larnxarng is a memorable one.
What Are Novated Leases?
As the benefits of novated leasing become increasingly more popular, the demand for them grows as well. In short, novated leases require an employee and employer to agree upon a salary package plan wherein the employer pays for the car payments by deducting the employee’s wages. Both sensible and convenient, novated leases pique the interests of many.
Novated Lease Calculators
Unfortunately, fear of the unknown deters prospective car owners from exploring this advantageous leasing option – enter novated lease calculators. Stratton Finance novated lease calculator serve as a visual aid, breaking down wages, taxes, monthly payments, etc. in a straightforward and concise format. Novated lease calculators provide a refreshingly transparent and accurate insight into the novated leasing process, keeping both the employee and employer out of the dark. Because the particulars are inherently complex, companies dedicate their expertise to analyzing, verifying, and relaying such complicated information. Here’s a look at some organizations who provide novated lease calculators.
Tyenell Finance & Insurance
Overview: The experts at Finance & Insurance understand how daunting the car buying process can be. That’s why they consider every factor and weigh the differing outcomes before reaching the best possible decision. Their detailed summaries coupled with their comparison charts highlight their extensive knowledge and make the data easy to digest. The elements they examine are car cost, interest rate, annual gross salary, and lease term. Toyota Finance & Insurance displays exemplary levels of excellence with their thorough understandings and competence.
Overview: Maxibons is an all-encompassing agency dedicated to facilitating the novated leasing process. With their cost-effective initiatives and all-inclusive models, they intend to implement smooth-running operations. Their devoted specialists are committed to fielding all questions, keeping individuals informed from beginning to end. Their novated lease calculator considers the following factors: car cost, annual gross salary, type of car, and average kilometers traveled.
Overview: When you choose Orica, they promise discounts, maximized income, flexible and transparent services, lease portability, realistic maintenance budgets, and simple repayments. As avid proponents of novated leasing, Orcia understands the vast benefits of pursuing this Stratton Finance novated lease option. With an impressive 30 years in the industry, Orcia boasts unprecedented excellence. The components they take into account include annual gross salary, lease term, estimated vehicle costs, and annual KMs. If you’re looking for a leasing mentor with both experience and sufficient knowledge, Orica fits the description.
Now that you have decided that you want to buy a car, you need to figure out how to afford it. Luckily for you there is an option that will let you go the car finance route. By going the car finance route you are going to be able to afford the car you really want, rather than settling for an auto that will work for a few weeks or months and then give out.
There are a couple of different positives when you decide to work with a car finance company. You will be able to tell the company the kind of budget you are looking at and know that you can stick to that budget. The good car finance company should be able to work with you, as opposed to pressuring you to up your budget. They should be able to give you a list of the cars you would be able to afford and walk you through the process with Car Loans by Stratton Finance so that everyone goes away happy.
There are also car finance firms that are more than willing to work with people who do not have the best credit in town. It’s a given that some of the people who are needing to finance a car are going to be those who might be attempting to pay down other debt and simply cannot get the money together to pay off such a big purchase all at once.
Having less than perfect credit should not mean you need to go without. You need that car in order to get to your job on a daily basis. You need that auto in order to get to your kid’s school in order to pick them up and get them home. You need that auto in order to go out and run errands such as getting groceries for your family. If you are able to set a schedule where you can truly pay what you owe, then you should be able to find a way to work with the car finance company in order to find one that works for you and your family.
The other benefit of working with a car finance firm in order to get the car you need so badly is that you will be able to build your credit back up. When there is a history out there that you have been paying what you owe, and have been paying what you owe in a timely fashion, you will be telling the credit companies indirectly that your rating should be boosted.
When talking about that bonus to go along with the ability to get where you want to go, there’s no wonder going through the car finance process is becoming more popular all the time.
If you have been applying for a few car loans or if you are thinking about applying for car loans sometime in the near future, you should know that there are a few questions that you should ask when comparing lenders. Make sure that you ask these questions before signing on the dotted line for best results.
How Much Will My Interest Rate Be?
First of all, a lot of people forget to ask about the interest rate that they will be paying when they apply for car loans. After all, they might just be excited about the car that they are going to be purchasing and the fact that they were able to get approved. You should not let this happen to you, however. Interest rates are very important, and it’s critical to choose the lender that will offer you the lowest rate if you want to save as much money as possible.
How Much Am I Approved For?
The second question that you should ask when learning about car loans at Stratton here: https://www.strattonfinance.com.au/car-finance/car-loan is how much you are approved for. Lenders often look at a lot of things when choosing approval amounts. For example, they might offer you a loan based off of your income and the other debts that you are responsible for. By asking about your approval amount, you will know how much you can afford to spend when you are shopping for a car. This information will obviously be handy for you to know when you are at the dealership.
How Much Will My Monthly Payments Be?
Lastly, it is important to ask about how much your monthly payments will be before committing to car loans. After all, no matter how much you might like a car, you probably do not want to commit to making a payment that you cannot afford. By knowing how much your payments will be, you can look at the costs of other things, such as car maintenance, and can ensure that you are making a solid financial decision. Plus, you can use this information to create a budget for handling your bills as well.
By asking a few simple questions when taking out car loans, you can help ensure that you are getting the best deal and that you know what you are getting yourself into. Then, you can help ensure that your experience with your car loans and your new car is as good as possible.
A car loan makes it easy to purchase a new or used vehicle. Loans allow an individual to pay off a vehicle in monthly installments rather than paying the full price in one transaction. A lending service or other financial institution pays for the vehicle in full and requires the borrowing individual to reimburse them over time with added interest. Instead of saving up for a vehicle, a car loan lets you drive one off the lot immediately.
Secured and Non-Secured Car Loans
A car loan may be either secured or non-secured depending on your personal situation and credit history. A secured loan uses the vehicle as collateral in case the borrower falls behind on their payments. Lenders offer a secured loan to their customers the most often since they are guaranteed reimbursement. Many financial institutions will readily lend to individuals with low credit because of the safety net a secured loan provides. The borrower may even improve their credit score by making payments on time every month.
Non-secured loans do not allow the lending institution to repossess the vehicle as collateral even when a payment is late. They will, however, seek payment from the borrower and possibly sue. This makes it important to understand your finances before getting a non-secured loan. A borrower must have a high credit score to qualify for this type of Stratton Car Finance. In addition, the interest rate is higher for a non-secured loan than for a secured one. If you qualify for this type of car loan you may want to make a higher down payment so that your monthly payments are lower.
Car Loan Terms
The car loan term refers to the length of time it takes for the borrower to repay the lending institution. For example, if someone signs up for a 60-month term they will have to make one car payment every month for 60 months. Longer terms have lower monthly payments, but the total amount paid may be greater with these plans due to an accumulation of interest on the loan.
Before you get a car loan you should consider your monthly income and expenses to decide whether it is the right choice for you. A loan requires you to pay a certain amount every month and so you should calculate your long term monthly budget. Remember the additional expenses that a vehicle requires, like gas, fees and maintenance. You do not want to fall behind on your payments and have your vehicle taken away. Missed payments can also have an effect on your credit score.
Look into your options for loans and lending institutions near you. A loan makes it simple to get a vehicle when the time is right.
When it comes to buying a new vehicle, there are so many options on how to do it that it may make your head spin. The novated lease, or salary packaging as some employers put it, is a way you can purchase a vehicle that can end up saving you a fortune in the long run. Now that we have your attention, let’s talk a little bit about what is involved in this type of lease and why you should definitely consider one.
What Is A Novated Lease?
Let’s start by saying that this type of lease is paid with pre-tax income from your salary. A novated lease is when your employer leases a new or used vehicle for their employer, which would be you. These leases can stretch between two and five years.
You enter into the novated lease agreement with your employer and the fleet service dealership. Your employer agrees to pay the monthly finances charges for the vehicle out of your pre-tax income. This takes the payment process out of your hands and lets your employer deal with paying your payment each month. Novated Lease Calculator at https://www.strattonfinance.com.au/novated-lease/online-quote.aspx
How Does The Lease End Work?
Just like any other lease, the novated lease has a termination date. At the end of your lease agreement, you have a few options. You can pay the residual value of the car and take over ownership. You can let the lease expire and return the vehicle. You could opt for an auto insurance loan and buy the car from the leasing company on your own accord.
Why Are Novated Leases More Financially Beneficial?
Novated leases are more financially beneficial because they decrease the after-tax income that you have to report on your annual taxes. Since your vehicle payment is taken out of your pre-tax income, there is less money left over to be reported in your after-tax income than if you were not to have a car payment. For most people, this will knock them down a tax bracket so they get charged less tax annually than they normally would.
Why Are Employers Offering This Type Of Lease?
As you can tell by now, there are many benefits for the employee with this type of vehicle lease. However, you may be wondering why employers would actually offer this type of leasing agreement and what they get out of doing so. That’s a good question. Let’s check out the reason why employers favor this type of agreement.
There are actually a few reasons employers are offering novated leases. This type of lease works to give benefits to employees without the employer having to pay out any additional money. Instead of giving an employee a raise, employers can instead offer salary packaging that benefits the employee at no cost to them self.
Hopefully, you are more knowledgeable about this type of vehicle lease at this point. We highly encourage you to see if your employer offers this type of benefit as it could help you drive a new vehicle you enjoy at a portion of the actual price.