Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What Are My Options At The End Of The Novated Lease?

April 26, 2017lease novated Options

0

Posted

What Are My Options At The End Of The Novated Lease?

1 Answer

0

Posted

• Purchase the vehicle – you would need to make an offer for an amount not less than the residual value (plus GST) to the finance company. • Dispose of the vehicle – inNovated can organise both the valuation and disposal (You will have to pay for any shortfall between the sale price & the residual value). • Trade the vehicle – when you replace your existing vehicle.