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New vehicle cash, lease payments an even split in September

Canadian Auto Dealer

Power’s Automotive Market Metrics for Canada reveals a perfect split between cash and lease payments for new vehicles, when considering the percent of total transactions over the past 12 months — per vehicle type. Company data shows cash and lease payments represented 25% each, while 50% goes to loans.

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How you can save by getting an EV on a novated lease

CarExpert

Not only that, but novated lease payments include running costs such as insurance, servicing, fuelling or charging, tyres, and registration. Novated leasing usually reduces your tax obligations, but it’s considered a fringe benefit. Weekly payment (incl. There are a few more things to know about novated leasing.

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Market sees surge in demand for short terms leases as costs fall

Motor Trader

The latest Leasing.com Insights Report said the rise in short-term van lease enquiries reflects a broader shift toward flexibility and cost-efficiency in the UK leasing market. As businesses and individuals seek shorter commitments, falling lease costs have made these options even more attractive.

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Rivian R1S Now Available For Lease, But It’ll Cost You

Carscoops

The models available for lease are pre-configured on Rivian’s website, and the most affordable option we found (equipped with a large battery pack, quad-motor, and 21-inch wheels) is priced at $93,750. This translates to an estimated monthly lease payment of around $1,056 on a 36-month term.

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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. Toyota Australia has launched a subscription-style service – dubbed the ‘Full-Service Lease’ (FSL) – for its new electric vehicle, the BZ4X.

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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?

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2022 BMW X3: Finance or lease?

Shawn Ryder

When considering a luxury vehicle like the 2022 BMW X3, potential buyers often face the decision of whether to finance or lease. Both options come with unique benefits and drawbacks that can significantly impact your financial situation, driving experience, and long-term ownership satisfaction. for a well-qualified buyer.

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