FAQ: What are the minimum & maximum terms (lease lengths) for a Novated Lease?
What are the minimum & maximum terms (lease lengths) for a Novated Lease?
Novated Leases can generally be arranged for terms of 24 to 60 months, or two to five years.
Unlike a company vehicle, your Novated Lease is in your name. Even if you change employer you can still arrange to take your car and your lease with you by transferring your Novated Lease to your new employer. Simply contact your Stratton Finance consultant before your leave your employer to arrange a transfer or to make alternative finance arrangements.
Please note that this information is of a general nature only. You should consult an accountant to obtain information specific to your situation.
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