With a novated lease it’s as if you are ‘renting’ your vehicle (on a long term basis) from a finance company, and your...

You will own the vehicle outright, and your tax benefits will disappear.

These figures are based on the average vehicle’s rate of depreciation, and are pre-determined by the ATO.

<30,000kms p/a 65.63% – 1 year lease 56.25% – 2 year lease 46.88% – 3 year lease 37.50% – 4 year lease 28.13%...

Yes, if you travel a large amount of kilometres every year, it is sometimes possible to apply a high km residual.