this post was submitted on 13 May 2024
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Electric Vehicles

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[–] [email protected] 15 points 5 months ago* (last edited 5 months ago) (1 children)

Apparently a novated lease is when a third party, usually the leasee's employer takes over the lease payments and deducts the amount from the employee's pay check. It saves the leasee money by reducing their taxable income.

[–] [email protected] 3 points 5 months ago

Ooooh okay. I thought that I was having some kind of stroke.