



How might these models evolve in the future? What are the key questions to ask when considering car-sharing or subscription services as alternatives to a new novated lease?
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what happens at the end of a novated lease Informational
- How often can I change vehicles under a novated lease arrangement? Are there any restrictions on the type of vehicle I can choose under a novated lease?
- What aspects of a novated lease are negotiable? What are the standard terms and conditions in a novated lease agreement?
- Who receives the surplus if the sale price is higher?
- What are the costs associated with transferring a novated lease? What happens to the insurance on the vehicle at the end of a novated lease?
- Who is responsible for the outstanding lease obligations? What are the legal processes involved in settling a novated lease after death?
- Who should I communicate with throughout the end-of-lease process? What resources are available to help me navigate the end of my novated lease?
- What happens to the salary packaging arrangement when a novated lease ends? What are the financial obligations at the end of a novated lease?
- What are the drawbacks of choosing to sell the vehicle at the end of the lease? How does the age and condition of the vehicle affect my end-of-lease options?
- What resources are available to assist with disputes or complaints?
- What are the tax implications of the balloon payment? Can I pay out the balloon payment early?
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