Remove Balloon Payment Remove Buyer Remove Lease Payment
article thumbnail

Toyota launches subscription-style service for its new electric vehicle

Drive.com

However, the Japanese auto giant said it will have full ownership of the vehicle throughout the entire three-year leasing period, and buyers are eligible to upgrade to a new vehicle or have the option to re-extend their lease of the car once they’ve finished their term.

article thumbnail

What is novated leasing, and how does it work?

CarExpert

This means payments are bundled with running costs such as insurance, servicing, fuelling or charging, tyres, and registration. It also means the costs are part of your salary sacrificed payments, boosting the tax benefit. For many buyers who aren’t necessarily car enthusiasts keen on modifying their ride, this is ideal.