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Toyota launches subscription-style service for its new electric vehicle

Drive.com

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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Tesla offering 1.99 per cent finance on Model 3

Drive.com

Based on the terms and conditions on Tesla’s website , the offer applies to these Model 3 variants ordered by 31 August 2024 and delivered by 30 September 2024. The offer is available for finance terms up to five years and is not eligible with balloon repayments. For full terms and conditions, click here.

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How does dealer finance work?

CarExpert

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. “You get to interact with a Mazda employee and all of our finance guys are accredited through our sales process.

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Buying a car this weekend, check out these offers

Drive.com

Did you miss out on a sale during the end-of-financial-year (EOFY) rush? For more information, including the terms and conditions, click here. For full terms and conditions, click here. The loan term must be over 36 months, and customers must make a 10 percent deposit. For full terms and conditions, click here.

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What is novated leasing, and how does it work?

CarExpert

Once your lease is done, you’re able to keep the car and pay out the final value, roll into a new lease, or extend the terms of the existing lease. The policy is clearly working as intended, with one major leasing company telling investors about half of its novated leases are now EVs or PHEVs, compared to market-wide sales uptake of 7.5

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Is buying an electric car on a novated lease worth it?

Drive.com

Novated lease terms are usually between one and five years. Otherwise, you’ll need to pay off the balance, renew the lease for a longer term or else sell the car. 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.

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2024 Skoda Kamiq Run-Out review

Drive.com

When estimated to equal terms – a four-year finance term, zero deposit, 15,000km annual allowance, and an equal balloon payment, where possible to set it on each brand’s website – the Kamiq costs $120 per week (at a 6.99 You can also find Skodas for sale at Drive.com.au/cars-for-sale. cars-for-sale.