Can secondhand or privately owned vehicles be leased?
Secondhand motor vehicles are acceptable, subject to certain conditions. Privately owned motor vehicles can also be sold to us and leased back under our novated lease program.
What happens if there is a loss on the disposal of the vehicle?
The employee is legally responsible for the vehicle and must ensure that it is properly maintained and cared for. The employee remains liable for any loss on the disposal of the vehicle.
Can I take a novated lease for a motorbike?
While we do not have a policy restriction on the approval of novated leases for motorbikes, the fringe benefits tax (FBT) rules are different to those for cars and will not provide the same benefits to the employee.