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hilske(Newbie)Newbie
19 Feb 2025

Hello, if I have leased a car using the EV Novated Lease Scheme via my employer and I wish to return the car (terminate the lease) am I still obligated to pay the residual value if I am returning the car back to the leasing company whom will then take it to auction?

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81 views
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Bruce4Tax(Taxicorn)Taxicorn
20 Feb 2025

The answer will be in the detailed terms of your lease contract.


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Novated Lease - When do you not pay Residuals | ATO Community