Is buying an electric car on a novated lease worth it?
Drive.com
FEBRUARY 14, 2024
For example, the NSW electric car rebate that ended in 2023 was not available for vehicles purchased under a novated lease. If you’re looking to upgrade, you might hand over the balloon payment to buy the vehicle and then sell or trade it in to cover that cost. Then you can sign a new novated lease on a new car.
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