What types of leases are available?
FleetPlus offers a choice of a Novated Finance Lease or a Novated Operating Lease. The choice is typically made based on the driver’s intent at the expiration of the lease term. • Novated Finance Lease Under a Novated Finance Lease, the risks and or benefits of ownership associated with the vehicle at lease end remain with the employee. The employee is responsible for the residual payment and GST at the end of the lease. Residual values are set within the ATO Guidelines. • Novated Operating Lease Under a Novated Operating Lease, the residual value risk is the responsibility of FleetPlus Novated. The employee hands the vehicle back at the end of the lease in fair condition and within the agreed kilometres. FleetPlus then dispose of the vehicle.
UVA has three types of rooms: 1. Private Rooms – private bedroom in our 4 bedroom 2 bath apartment. 2. Large Shared Rooms – 2 students in one large bedroom with a total of 4 students in the apartment. 3. Small Shared Rooms – 2 students sharing a small bedroom with lofted beds in our 4 bedroom 2 bath apartment. There are 6 students sharing the apartment total. Floor plan layouts can be seen on the main page under the floor plans tab. Leases are available for an academic year or for a year around period. Please note that a limited amount of academic year contracts are available each year. Due to high demand for housing at UVA the last 25% of applicants, only year around contracts will be available.
