Are there any restrictions on the age of the car?
Before your novated lease starts
Generally, a car should be no older than 12 years at the end of the novated lease.
Exceptions may be made for prestige or collectible vehicles that retain their value over time. Contact us to determine if your vehicle fits under this exclusion.
Disclaimer: This general information doesn’t take your personal circumstances into account. Please consider whether this information is right for you before making a decision and seek professional independent tax or financial advice. Employers should independently consider whether a benefits program is appropriate for their organisation and seek advice where appropriate. Conditions and fees apply, along with credit assessment criteria for lease and loan products. The availability of benefits is subject to your organisation’s approval. Maxxia may receive commissions in connection with its services. Maxxia does not act as your agent or representative (or provide you with any advice or recommendations) in respect of the purchase of any vehicle.