Novated Lease +

Maxxia

Novated Leasing for EV Car with Maxxia Interest Rates

I have been considering getting an EV on a novated lease through Maxxia for 5 years. We are looking at the Tesla Model 3 , maybe the base one. My salary is 120K and the estimated out of pocket …

poll Novated Lease Scam or Savings - My Calculations

I have been thinking purchasing an electric vehicle (EV) and exploring the potential benefits of utilizing novated leasing to take advantage of fringe benefits tax (FBT) savings. To assess the …

Novate Leasing: 13 Months Leasing Trick

Maybe it is no longer the secret that using 13 or 49 months novate leasing to optimise balloon payment (you pay lower balloon payment on shorter period). I've post mine here so that you could …

Novated Lease Is It Normal for Setup Cost and Originator Fee in Addition to Ongoing Management Fees

Hi Everyone, I am super confused about this quote and how the novated lease quote works as i am looking for the first time this option and like to purchase EV Hyundai Ioniq 5 Epiq RWD version to …

Novated Lease for Car (PHEV) - Which Provider Gives Reasonable Interest Rates?

Hey OzBargain family, I am looking to get a new car. Still not yet convinced by the EV charging infrastructure and hence decided to go the PHEV which still has the FBT exemption. Now after getting …

Looking at Novated Leasing a Cupra Born - Any "Gotchas" or Questions I Should Ask before Committing?

Went for a test drive in the Born on the weekend and liked it a lot. Have only ever really owned small, cheap ICEs (Camry, Corolla, Accent) and this would be my first new car, first novated lease, …

Novated Lease vs Dealer Finance vs Bank

Hi all, Seeking your collective advice on my current situation. Have been on the waiting list for a Lexus NX350H since 2022, got affected by the chip shortages and have been finally notified its …

Another EV Novated Lease Question

I'm really struggling to wrap my head around whether or not this is a deal, and I think the novated leasing company make it intentionally difficult to understand. So I'm coming to the …

My Novated Lease Quotation, Is It Worth It?

Hello everyone, The place I work just announced the partnership with Maxxia Novated Lease company. My old Lexus is dying so thinking it could be a chance switching to Model 3 cheapest one. I …

What’s The Best Novated Leasing Company for Tesla Model Y? (WA)

I’m looking to buy a basic model Model Y to use for work and private. Is there any company doing novated leasing on a good rate in WA? Also is there any who is doing second hand Tesla …

How Does a Novated Lease Extension Work ?

This is your weekly NL question… We leased a Tiguan Allspace for two years, and have just gotten a quote to extend another 12 or 24 months. Per the original lease, the FBT Base Value was …

Novated Lease Fuel Card and Flybuys/EverydayD Rewards

For those using a fuel card as part of the novated lease, can I just confirm that you cannot use the 4c fuel discount and/or earn points? The only way to get the discount and points is not to use …

Novated Lease (Smart Leasing with Salary Packaging)

Hi OzBargain people. I am a first car buyer trying to buy a just normal economical second hand car. But the second hand car price is a joke these days. I wouldn't buy something like over …

Cancel/Payout Novated Lease after a Couple of Months

Complete noob when it comes to novated leasing and looking for guidance from those more familiar with it. TL/DR: Wife took out a novated lease through her employer for a new car; unexpectedly …

Moving Novated Lease to Partner and Other Weird Issues

So… About to pull the trigger on a novated lease. The financials seem to work out, because I am in the highest tax bracket, and I am going for an EV (polestar). I am looked at a 2 or 3 year …

poll Thoughts on Novated Leasing for New Car

Hey OzBargainers, My partner and I have been looking to get into a new car. Her workplace have a novated lease option for new cars. I've asked a bunch of questions to the company that the …

How to Get Straight Info from My Novated Leasing Company?

I'm in the late stages of arranging a novated lease for our incoming vehicle and have some concerns about our leasing provider (mandated single leasing provider by our employer). For example, …

Is Novated Lease Right for Me?

Hi all, Trying to get my head around the novated lease - I have the money to buy the car outright but few of my friends seem to recommend NL so wanted to get your professional opinion too. I'm …

Is Novated Leasing Right for Me?

Hi Ozbargain, I thought i'd get the collective opinions here and validate my thought process. Currently earning 130k and looking to purchase a new ICE car for $34k. Driving roughly 10,000 kms …

Novated Lease Final Payout Amount

I am wondering if anyone with experience in paying out of a Novated vehicle lease knows, can the Leasing company increase the final payout figure if the car is worth substantially more than the final …