FAQ: What are the minimum & maximum terms 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 12 to 60 months, or one 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 consultant before your leave your employer to arrange a transfer or to make alternative finance arrangements.