Novated Lease +

Novated Lease AND Claim Cent Per Km on Another Car

Hi fellow Ozb, I generally travel for work at least a few times a week, so every year I claim about 4-5k km as car expense from my tax. It’s all good for many years and I keep an excel record for …

EV Novated Lease - Car Written off

I have managed to write off a six month old purchased-new EV, which was under a novated lease on a 3 year term. It’s still under assessment, but I’m wondering if anyone has any experience with …

Novated Leasing Questions

Hi fellow Ozb, I am thinking of doing an NL for a Sealion 6 via my employer. It will have to be done through a specific company. I did a test-quote but there are a few things which are not clear to …

Novated Lease Used Tesla Benefits?

Hey everyone, I really tried searching, reading and using all these online Novated Lease calculators but I still can't get my head around it. I have recently purchased 2021 Tesla Model 3 for …

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 …