06 Oct 2015

Novated Lease vs Car Loan

Novated Lease vs Car Loan


With so many different options, buying a car can be confusing! We’re often asked what the difference is between a novated lease and a traditional car loan, so here’s a novated lease example to show the main comparisons.

The example below is based on a 2015 Mazda CX-5 Maxx Sport over a 4 year term:

Leasing_Full FBT_Net_Lease vs Loan_Handout_Aug2015

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