Save $1,000s with a novated lease
Novated Lease Residual Value
Get a quote to see to see what you could save. The comparison process is 100% free with no obligations.
Dandi W
Top service, above and beyond
Reagan has gone above and beyond to make it as easy and as straightforward as it can be. This isn't my first Novated Lease, but definitely the best...
David
Sean Edema at NLA was excellent
Sean Edema at NLA was excellent.
He was informative, efficient and accessible.
I recommend his services highly.
Joshua A.
5 stars for NLA!
I cannot recommend Payton and NLA enough if you are looking for a novated lease. Even if you don’t end up going with NLA they should be your first conversation....
2023 ATO guidelines for residual values
Estimated balloon amount based on Novated Lease term.
65.63%
56.25%
46.88%
37.50%
28.13%
Making the balloon payment work for you
Often, especially right now with car shortages, you're able to sell your car for a much higher amount than the balloon payment owed. Any difference is yours to keep, tax free.
You definitely want to keep this in mind for when you are setting your residual with your novated leasing provider.
Get more insights into maximising your novated lease from an expert consultant in our novated lease explained guide.
