Your selected question and answer is provided below. Question: What lease term can I choose? Answer: Lease terms range from 12 to 60 months. Terms for used vehicles will be determined by the age and kilometers travelled. Related Questions Who can benefit from a Novated Lease? What should I do before I proceed? How do I request a formal quotation or submit an application? When should I start this process? What vehicle choice do I have? Can I lease a second-hand vehicle? Can I source my own vehicle quotation? What residual value will apply? How does Fringe Benefits Tax affect my lease? What happens to my credit application details? How do I find out about details such as car services, tyres, etc? Do I need to insure my vehicle? Who is responsible for the payment of insurance renewals? Who is responsible for the payment of registration renewals? Can I add items to my car after delivery and have them accommodated through my package? How do I know if I am traveling to budget? What happens if I go on unpaid leave (e.g maternity leave, extended leave)? If I change employment, can I novate the lease to the new employer? What happens when my lease term expires? Back to FAQ.