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Late last year I negotiated a new vehicle and left a deposit. The build of the car is Feb 2020 for arrival to Australia April 2020, giving me time to explore a novated lease option. Thanks to COVID, car still at port and now super confused. I’m concerned if I go down the novated lease path that my residual value will be greater than what I could potentially sell the car for and or option to return car to leasing company which comes at a cost. Concerned due to COVID-19 impacting the automotive industry on an international value. Leasing companies interest are extremely high compared to banks, some banks offer a very low interest rate and then I own it. What should I do? Never done a novated lease either and feel I am taking a large risk as there will not be enough of a tax benefit compared to value of car in four years time. Feedback please on pros, cons and risk. What would you do?