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Novated Operating Lease?

April 26, 2017lease novated operating

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Novated Operating Lease?

1 Answer

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A Novated Operating Lease is a Novated Lease and Operating Lease put together, it allows the employee to Novated a vehicle of their choice and at the same time they have no residual risk. The vehicle is simply handed back to the Finance provider at the end of the Novated Operating Lease term.