The company I work for offers a novated lease option for cars. Would this be a financially viable option over a car loan or buying one straight?
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If you plan on staying with said company for years, sounds like a decent plan. They automatically deduct the payments from your check, so no missed payments. But honestly buying an older car straight out is probably better, even with possible repairs (later on) it will likely be cheaper in the long run and bonus you own it!!
Just be sure to do your research and or take someone with you who knows cars to check one out.
Hope this helps some.
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