Car Examer
DECEMBER 3, 2024
Vague or Misleading Terms: Key details like balloon payments, mileage limits, or early termination fees aren’t explained properly. Customers end up paying more than they bargained for, or worse, feeling trapped in an unfair deal. Poor Affordability Checks: Some buyers are approved for deals they can’t realistically afford.
Drive.com
FEBRUARY 28, 2024
Toyota Australia said it owns the vehicle throughout the entirety of the lease – with customers eligible to upgrade or re-extend their term. A chart shown on the Toyota Australia pricing configurator notes the vehicle rental payment for the South Melbourne (3205) example as 80.36 per cent of the total lease payment, making the $1473.80
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CarExpert
APRIL 20, 2024
You might choose to put a deposit against the car, or if it’s purchased by a business, a better option might be to select a balloon payment at the end of the loan to reduce ongoing payments. “Whether the payments are weekly, fortnightly or on a different schedule depends on what’s going to suit the customer.”
CarExpert
JUNE 6, 2024
The loan may or may not include an upfront deposit, or a ‘balloon payment’ – a one-off lump sum you agree to pay your lender at the end of the loan term. ” In most cases, loans offered by a car dealer originate from a third-party finance company and are repackaged for the car buyer.
Drive.com
JULY 26, 2024
Toyota Toyota is offering a $1500 “contribution” – which it calls a deposit bonus – to HiLux 4×2 and 4×4 customers who finance their new or demonstrator models with Toyota. It is available for private or business (bronze or silver fleet) customers only and is limited to one offer per finance contract.
Drive.com
FEBRUARY 14, 2024
Since the FBT exemption ruling was passed on electric vehicles, Mr Wood says Novated Lease Australia has seen a “huge increase” in customers seeking education on both novated leasing and EVs, with record levels of customer enquiries in January. Most leasing companies won’t take back the vehicle after the lease ends.
Drive.com
JANUARY 23, 2025
Ongoing customer service and support A great novated leasing provider doesnt just hand you the keys to your car and leave you on your own. Theyll offer strong customer support and ongoing tools to help you throughout the life of your lease. Hear what some of Olys happy customers have to say.
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