Thursday, August 18, 2016

Novated Leasing: End Of Lease Options




END OF LEASE OPTIONS FOR YOUR VEHICLE 

The options available to you at the end of the contracted term of your novated lease are:

1. Offer to purchase the vehicle for the residual value inclusive of GST

2. Trade-in the vehicle with a dealer who will pay out the residual value inclusive of GST any surplus funds in excess of this amount are retained by you

3. Arrange to lease the vehicle for a further period of time





Here is an example document from a know company

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