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What happens at the end of a Novated Lease?

  • With all Novated Leases, there will be a residual value (balloon payment) at the end of the lease term. Over 80% of our clients use our services to trade in their car and step right into a brand-new car

  • If you are enjoying your current car too much to say goodbye to it, we can extend your lease up to a maximum of 5 years (depending on the age of the car)

  • If you want to take a break from Novated Leasing, you can choose to purchase the car at the end of the lease term by paying the residual value.

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