Combat the rising cost of transport

Pay less than the person next to you

Did you know that transport costs have risen sharply since the start of 2021?

Here are some startling stats for you from research recently released by the Australian Automobile Association (AAA), Australia’s peak motoring body.1



Income

14.6% of income

That’s how much the average household is spending on transport.



Weekly cost

$354 weekly

The average cost of mobility – an extra $44 per week since the start of this year.



Hike

Biggest hike since 2016

The Q1, 2021 result is the biggest quarterly cost increase since AAA’s Transport Affordability Index commenced in 2016.



Transport costs

8 key transport costs

The index looks at car loans, tolls, fuel, public transport, insurance, servicing and tyres, registration/CTP and licence fees, and roadside assistance.



6 ways we can help you save


The AAA index showed that rising fuel prices and car loan repayments – plus, in some cases, registration costs – were the main contributors to the increase across the first three months of 2021.

SG Fleet can reduce your cost of motoring with novated leasing – a clever way to lower your car expenses and help you save on tax. Here’s how:

  • Car price savings negotiated using our fleet buying power, reducing your amount financed

  • GST savings on the new car purchase

  • Reduced running costs – we act for you to avoid over-servicing and over-charging; and

  • Save the GST on servicing/repairs, insurance, tyres

  • Savings of at least 10% on fuel (GST savings, plus pre-negotiated fuel discounts)

  • Income tax savings – since your car expenses are partly paid from your pre-tax salary, your taxable income is reduced, thus increasing your take-home pay


High five

Plus, with all car costs rolled into one regular payment, it makes managing the household budget a breeze.

There are some certainties in life – like tolls, licence and registration – that we can’t do much about. Public transport is also outside our wheelhouse.

But when it comes to reducing your cost of motoring, we’ve got you.


Want to know more?

Enquire online today or give us a call on 1800 743 262 to speak with one of our consultants.


References:
1. Australian Automobile Association Transport Affordability Index Q1 2021, Released May 2021, and Media Release: Household transport costs surge as families spend more to commute, 24.5.2021