Can I choose any make and model for a novated lease?

Yes, within ATO guidelines and provider restrictions.

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Can I include more than one vehicle in a novated lease agreement?

In most cases, you can have more than one novated lease, but each vehicle requires a separate lease agreement. You can’t include multiple vehicles under a single novated lease.

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Can I modify the leased vehicle?

Yes, you can modify a novated leased vehicle, but with important restrictions and conditions, since the vehicle is technically owned by the leasing company during the lease period

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Can I include aftermarket accessories in my novated lease?

Often yes, for items like window tinting or tow bars, subject to approval.

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Can I use a novated lease for a used car?

Yes, but vehicle condition and age limits apply depending on the provider.

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Can I get a novated lease on a car I already own?

Only if you already owned the car outright, then you can novate lease it through a sale and leaseback arrangement.

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