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What term can I do a Novated Lease over?

lease novated term
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What term can I do a Novated Lease over?

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You can finance a new vehicle over 1, 2, 3, 4 or 5 years and you can lease a used vehicle over a term so that he age of the vehicle is no more than 8 years old at the end of the lease. For example if you have a 5 year old vehicle you can lease this vehicle over 3 years.

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