Benefits: Understanding Novated Lease Support via Flare Cars
What is novated lease support?
Oncore supports novated leases through its partner, Flare Cars. This support is available to workers processed through Oncore payroll, and the arrangement is managed through Flare rather than directly.
How does a novated lease work?
A novated lease can package a vehicle lease and running costs such as fuel, insurance, servicing, and registration through salary. This may provide tax savings.
How do I set up or transfer a novated lease?
You need to renegotiate the lease with Flare Cars. In some cases, they may be able to work with your current provider, but this must be discussed with them directly.
If you are starting with a new employer, a new novated lease must be negotiated.
What should I do next?
Contact the Flare Cars team directly to discuss your options and confirm the best way to proceed with your novated lease.