A novated lease is a form of salary packaging that helps you finance a new, used or even your existing car while offering a range of potential benefits and tax savings. Is novated leasing the right choice for you?

You may have heard of the residual, or balloon payment, at the end of a novated lease. But what is it, why does it exist and how can you best prepare yourself for the end of a novated lease?

Is your Maxxia novated lease drawing to a close? Unsure which direction to take? Or are you just curious about what happens at the end of a novated lease? Read on!

While novated leasing might sound like something that only an accountant could get excited about, taking the time to understand it properly could save you a heap of time and money.