Esanda Novated Lease

Esanda
Start rate p.a.
-
Interest
-
Max. loan
-

Moneybuddy says

A novated lease lets an employer receive a car as part of a salary package. Basically, the employee chooses and car then forfeits all rights and obligations to the employer - who then meets the repayments. If the employee changes jobs, they take the car with them. The minimum loan is $**,*** and must be paid between * - * years. Repayment options are very flexible, as are the repayment methods.

The Basics

Car type New

Security Secured

Car loan type Novated Lease

Start rate p.a. -

Interest -

Max. loan -

The cool stuff: features

Loan insurance available? No

Repayment schedule Weekly

Online application No

Redraw facility No

Early repayment allowed No

Additional repayments allowed No

The Facts & Figures

Comparison rate p.a. -

Min. loan -

Min. term -

Max. term -

The ugly stuff: fees

Signup fee -

Exit fee -

Monthly fee -

* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing.

Pros

  • Flexible repayments
  • Varied repayment methods

Cons

  • Expensive application fee
 

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