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Toyota launches subscription-style service for its new electric vehicle

Drive.com

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 per cent interest with a 40 per cent ($28,800) balloon payment would cost approximately the same, at $1480 per month.

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How a novated lease could put cash back into your pocket

Drive.com

A typical novated lease is offered for anything from one to five years, at the end of which you can choose to extend your lease, return the car back to the leasing company or make a final ‘balloonpayment and buy the car outright. Because Aussies deserve car financing that is straightforward and hassle-free.

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What is novated leasing, and how does it work?

CarExpert

Making lease payments before tax is deducted reduces your obligations by $3300 per annum or $16,500 over a five-year lease period. While five years is the period chosen in this example, generally novated lease providers let you opt for periods between one and five years. . So, should you consider a novated lease?