Case study
KEY METRICS
When Dan, EnergyFlex’s CRM and Digital Marketing Coordinator, was ready for a new car, he wanted efficiency, reliability, and ease. The novated leasing benefit, offered through EnergyFlex’s Employee Benefits program, gave him the perfect solution: a smarter, more affordable way to drive.
With his Mitsubishi Eclipse Cross plug-in hybrid, Dan is saving money on everything from insurance to taxes, while enjoying the convenience of having all his car-related costs bundled into one manageable lease.
Dan’s decision to opt for novated leasing came down to convenience and financial sense. “It’s really convenient because you don’t have to worry about all the costs and management tasks of owning a car,” Dan explains. “The leasing company handles everything, and I save money because all the car fees are tax deductible.”
This arrangement has allowed Dan to afford a car he wouldn’t have been able to justify otherwise. “If I’d gone the regular route, I would’ve ended up with a much cheaper car,” he says.
But Dan isn’t just in it for the cash savings. He is also conscious of the impact of his decision on the environment. “If I charge my car at the right times, especially when renewables are available, energy will be cheaper, and I reduce my carbon emissions,” he explains. “That’s where EnergyFlex really helps to educate me on when it’s best to charge my EV so I’m not wasting energy or money.”
In following EnergyFlex’s suggestions, Dan will increase his EnergyFlex Rating and unlock even more benefits through the EnergyFlex Employee Benefits program. These include having his energy bills reimbursed when he reaches and maintains an EnergyFlex Rating of 3.0 and an extra week of paid leave when he hits 3.5.
Dan’s advice to colleagues who are considering buying a car through novated leasing is this: “I’d recommend doing some financial analysis first and choosing a car that makes sense and fits your plans.”
“At the end of the lease, I have the option to keep or sell the car, and depending on how well it holds its value, I could even make some money back,” Dan says.
Learn more about the EnergyFlex Employee Benefits program and how you can implement it in your business.
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