Hi folks,
Seen 2 alternate answers to this here & here. I'm looking to "self-manage" a novated lease, essentially arrange my own finance and have it paid via my employer's salary sacrifice arrangement with Maxxia (as their rates are wild). We want to stay under the LCT and secure an EV to take advantage of current offers.
The car dealer has proposed a $30k trade in, against a $90k car. Meaning we'd need $60k finance — for 4 years.
Is this fine to operate as a novated lease? Would the residual amount to pay at the end be calculated as 37.50% of the $60K paid, or as 37.50% of the $90k full value?
Any advice greatly appreciated
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1,630 views6 replies
6 replies
1,630 views
6 replies