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Frequently Asked Questions

Everything you need to know about novated leasing

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Basics

Tax & Savings

Vehicle Selection

Process & Costs

Employer Information

ATO Residual Value (Balloon) Table

At the end of your lease, the residual value (balloon payment) is determined by ATO guidelines based on your lease term. This is the amount you would need to pay to take ownership of the vehicle.

Lease TermResidual %
1 Year65.63%
2 Years56.25%
3 Years46.88%
4 Years37.50%
5 Years28.13%

* Residual percentages are set by the ATO and are applied to the original vehicle purchase price.

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