Can I transfer a novated lease to another person?
Yes, it is possible, but the process depends on several key factors, including the terms of your existing novated lease, your employer’s agreement, and the policies of your lease provider.
Yes, it is possible, but the process depends on several key factors, including the terms of your existing novated lease, your employer’s agreement, and the policies of your lease provider.
You can often transfer it to a new employer or convert it to a finance lease make direct payments.
You become responsible for payments. You may transfer the lease to a new employer or convert it to a finance lease.
You refinance the lease, pay the residual to own it or sell it and upgrade to a new one.