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Extend your lease with RemServ

If you're happy with your car, simply extend your lease to keep it. This means –

• you could receive further tax savings — on top of everything you’ve already saved through your novated lease
• you’ll continue enjoying the convenience benefits such as automatic budgeting — therefore saving you time and effort
• your regular car repayments will be lower than what you currently pay, which means more money will be deposited in your bank account each pay cycle, and
• you’ll also have a lower residual payment at the end of the term, and you can still own your car outright at the end of the extension — for less than what you would pay for it now!

Pay the residual and own the car outright

It's important for you to know that if you choose to buy the car outright now –

• you will no longer receive some of the potential benefits associated with novated leasing such as potential tax savings
• the convenience benefits you currently receive will expire
• your residual payment will be higher than if you were to simply extend your lease for another 12 months and then buy the car outright

Upgrade to something better

If you’re ready for an upgrade, it’s very simple. Just choose the car you want and start the leasing process again!² This means —

• you could immediately save on the GST you would have paid if you bought finance the car
• you could save on the price of a car through our superior buying power — our experts will negotiate a great price for you!¹
• you could receive further tax savings — on top of everything you’ve already saved through your novated lease
• you’ll continue enjoying the convenience benefits such as automatic budgeting — therefore saving you time and effort
• our dedicated leasing specialists will help you find the right car and the right insurance — and we’ll take care of the paperwork for you!
• you’ll continue being part of a 26,000 strong community of Australians who have chosen to be looked after by Australia’s oldest and largest novated leasing provider — meaning you can be confident you’re in safe hands with our experts

• You could pay less tax on your car’s running expenses (i.e. your registration, roadside assist, insurance, servicing, fuel, car washing, and new tyres) — potentially saving you money
• You could save on the price of the car — through leveraging RemServ’s large dealer network¹
• You could save on the GST you would pay if you bought the same car outright
• You could lower your overall taxable income, potentially saving you money
• We help to prepare the paperwork, and plan a budget for you — saving you time and effort to spend on the things you enjoy doing most
• Your automatic, regular payment covers all your regular car expenses — which means you can simply set and forget and not worry about paying for petrol, or finding money to pay for your registration or insurance
• You’re part of a 26,000 strong community of Queenslanders who have chosen to be looked after by Australia’s oldest and largest novated leasing provider — meaning you can be confident you’re in safe hands with our experts

• You’ll keep the car you love and,
• Your deductions will be lower than what you pay now, which means you’ll see more money deposited into your bank account each pay cycle
• You could continue to pay less tax on your car’s running expenses (i.e. your registration, roadside assist, insurance, servicing, fuel, car washing, and new tyres) — potentially saving you money
• You could lower your overall taxable income, potentially saving you money
• We help to prepare the paperwork, and plan a budget for you — saving you time and effort to spend on the things you enjoy doing most
• Your automatic, regular payment covers all your regular car expenses — which means you can simply set and forget and not worry about paying for petrol, or finding money to pay for your registration or insurance
• You’ll also have a lower residual at the end of your extension, which means you still have the option to own your car outright, and you’ll pay less for it than you would now, and
• At the end of your extension, we can help you trade in your car — and whatever profit you make you keep tax free
• You’re part of a 26,000 strong community of Queenslanders who have chosen to be looked after by Australia’s oldest and largest novated leasing provider — meaning you can be confident you’re in safe hands with our experts

1. Speak with your dedicated senior leasing specialist – they’ll provide you with the information you need, and step you through the process
2. Submit your online application – for most people, this doesn't take more than 10 minutes
   Once approved –
   • you could receive further tax savings — on top of everything you’ve already saved through your novated lease
   • you’ll continue enjoying the convenience benefits such as automatic budgeting — therefore saving you time and effort
   • your regular car repayments will be lower than what you currently pay, meaning more money will be deposited in your bank account each pay cycle; and
   • you’ll also have a lower residual at the end of the term

1. Speak with your dedicated senior leasing specialist — they’ll provide you with all the information you need, and step you through the process;
2. Choose the car you want – or let us know what you’re looking for, and we’ll tap into our large dealer network to try and find it;
3. Submit your online application — for most people, this doesn’t take more than 10 minutes.
   Once approved –
   • our dedicated leasing specialist will help you find the right car and the right insurance — and we’ll take care of the paperwork for you!
   • you could receive further tax savings — on top of everything you’ve already saved through your novated lease
   • you’ll continue enjoying the convenience benefits such as automatic budgeting — therefore saving you time and effort
   • you could immediately save on the GST you would have paid if you bought the car outright, and
   • you could save on the price of a car through our superior buying power — our experts will negotiate a great price for you!

With any novated lease there will always be a residual, and this amount is set by the ATO.

Unlike if you were to get a car through a dealership where you might pay a large deposit upfront — with a novated lease, there’s no upfront deposit payment.

This may benefit you in several ways. By having more money in your back pocket immediately, you can save your money and put it into the bank to pay that residual later on if you choose to purchase the car at the end of the lease.

1. Speak with your dedicated senior leasing specialist — they’ll provide you with all the information you need, and step you through the process;
2. Choose the car you want – or let us know what you’re looking for, and we’ll tap into our large dealer network to try and find it;
3. Submit your online application — for most people, this doesn’t take more than 10 minutes.
   Once approved –
   • our dedicated leasing specialist will help you find the right car and the right insurance — and we’ll take care of the paperwork for you!
   • you could receive further tax savings — on top of everything you’ve already saved through your novated lease
   • you’ll continue enjoying the convenience benefits such as automatic budgeting — therefore saving you time and effort
   • you could immediately save on the GST you would have paid if you bought the car outright, and
   • you could save on the price of a car through our superior buying power — our experts will negotiate a great price for you!

When it comes to car finance — or any finance, for that matter — there’s naturally a common curiosity as to the interest rate.

When it comes to novated leasing, there are so many factors to consider besides saving a percentage point or two.

So when you pit novated leasing against other options such as a bank loan — it’s important to consider the option that could give you greatest overall financial savings, once everything has been factored in.

Examining the interest rate alone does not take into account the tax savings you may get from your novated lease — therefore it will not tell you which option could give you greatest overall financial savings.

Which means that, while interest rates for your novated lease may be equivalent or higher than other options, it’s important to note that a novated lease may end up saving you more money in the long run because the tax savings may outweigh any difference in interest rate.

To demonstrate exactly how much money you could potentially save by choosing a novated lease versus alternative leasing or purchasing options — contact your dedicated senior leasing specialist to receive your free estimate.

You can:

1. Acquire our lease protection insurance before you enter your lease — which covers any outstanding lease repayments should your circumstances change (e.g., loss of employment)
2. Transfer the lease to your new employer (subject to approval)
3. Pay the amount owing and the residual, and buy the vehicle outright
4. Continue paying the lease and running costs yourself (with post-tax dollars)