TradeLab

Your lease end date doesn't have to be a decision you make on the day. With a bit of planning, you can make the most of your residual, keep your tax benefits going, or simply walk away with keys in hand. Here's everything you need to know.

1. Refinance your lease and keep your car. Not ready to say goodbye? You can re-lease the residual amount and keep driving the same car under a new lease term. Your fuel card stays active, any surplus in your account rolls into the new lease, and you keep access to the same tax benefits. Run the numbers on a new lease term with our calculator. 2. Pay out the residual and own the car. Pay your residual, and the car is yours, simple as that. We'll send payment instructions ahead of your due date so you know exactly when it's coming. Just note your fuel card and any lease-provided insurance will expire once the residual's due or paid, depending on your terms. 3. Upgrade to something new, with TradeLab. Ready for a new set of wheels? If your current car's worth more than the residual owing, that difference is yours, tax-free. TradeLab handles the trade of your current vehicle and helps you land the best deal on your next one. Thinking electric? Explore our EV options while you're at it.

No haggling. No dealership run-around. No pressure. 1. List your car using the guided inspection process in the app. Photos, details, condition, about 15 minutes. 2. Dealers bid against each other across our network. Competition drives the price up, not down. 3. Accept the best offer. Any equity above your residual is yours, tax-free. 4. Done. Your car is collected from home, work, or another agreed location. TradeLab is built into your end-of-lease experience. We're here for the long road, not just the drive-away.

• When should I start thinking about my lease end? Earlier than you'd think, ideally a few months out, so there's no scramble. • What is a novated lease payout figure? It's the amount owing to fully own your car outright, made up of the residual value plus any other final costs. • Can I refinance if I still owe a residual? Yes, that's exactly what option one is for.

Your account manager can walk you through all of this well before your end date. Reach out early. A little planning now goes a long way. Ready to see what your car's worth? Get started with the TradeLab app on Google Play or the App Store.