What happens if I change jobs during my lease but Maxxia is still my salary packaging provider?
During your novated lease
Options include:
- You can pay the remaining novated lease payments and residual; or
- You can choose not to salary package and pay the lease payments directly to the financier until the end of the lease term; or
- If you are eligible and your new employer agrees you can transfer the remaining lease payments to a new novation agreement with your new employer. It is best to call and speak to one of our re-novation consultants as there are many permutations and rules that need to be considered;
- Your Maxxia Comprehensive Motor Vehicle Insurance can remain as long as the vehicle is leased through Maxxia. Your Maxxia Motor Vehicle Lease Protection Insurance Policy can remain as long as the vehicle is still financed with your financier. Your Extended Warranty Insurance can remain even if the vehicle is not leased or financed. If applicable pro-rata refunds will be applied on any cancelled policy.
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.