Car leasing is a big industry in Australia. Given the sheer space of the country and our large open roads and busy cities, car leasing is an ideal option for both families and businesses who need to get around but don’t want the responsibilities that come with everyday car ownership.
This is lead to a rise in the number of career opportunities for the car services sector.
Which rental car companies spread out across Australia and offices in most major centres and airports career opportunities abound for those wanting to enter the automotive service industry.
What does the job involve?
These roles usually involve providing customer service to businesses and private individuals looking to hire a car. Leasing arrangements vary from novated leasing to other more complex forms of leasing arrangement.
How much does it pay?
If this is a career that interests you if you are looking at a starting wage of between 45 and $50,000 per annum. Managerial jobs you are looking at well over 65 and $70,000 per annum.
What kind of knowledge will I need?
The rental car industry is a busy and precise industry. People hiring vehicles for leasing vehicles expect professional service and easy to understand information.
Customers and clients will want to know the terms of leasing and car rental or hire. They will want to know costs in clear and understandable terms.
They will also want to know about The financial expectations for purchasing.
Those looking for a career in the car services sector will spend quite a bit of time dealing with customers face-to-face. They will also need a good working knowledge of the cars that they are losing to the public and to the private sector as well as the forms of leasing available.
For example, in Australia that includes novated leasing.
Novated leasing may be applied to a car or a van on a short or long term basis.
There are legal and other considerations that may require some training will be expected of employees.
A novated lease is an agreement between an employer and an employee to purchase a vehicle as part of a pre tax salary arrangement. What this means is that the employer will be reducing their taxable income by dipping into their gross wage in order to finance the lease.
This is an attractive proposition for many employers and employees as it increases the disposable income and reduces taxable income.
Where novated leasing is offered by an employer the car leasing company is able to supply you with a car that comes with minimal restrictions. Here, the salary sacrifice is beneficial for all parties concerned.
Novated car leasing in Australia is becoming increasingly popular and if you work in the car industry sector you will need to understand how novated leases work, as well as the other available financial leasing arrangements between private enterprise and individuals.
Training for the Car Services Sector
The car leasing and Franchise leasing business are predominantly and office-based career.It deals with short and long term vehicles and requires a knowledge of all aspects of fleet management.3
This includes bookings right through to car maintenance and vehicle disposal as well as contract agreements.
The car services sector offer a number of courses for training talented individuals in the field of car leasing. There are also include management trainee positions which will give you hands-on experience in local branches.
Here you’ll learn about the various forms of car leasing, the legal and a bit of obligation as well as customer service skills.
Many of these courses run for 2 years and after that trainees will be able to serve as branch managers and even enjoy a share of the profits.