Fully maintained vs self-managed lease

You have a choice of the type of lease that suits your needs – either a fully maintained or a self-managed novated lease.

Fully maintained lease

With a fully maintained lease, Maxxia can help you source a new or used car of your choice at a competitive price using their vast purchasing power. Maxxia can also tailor a budget for you that includes your lease repayments and car running costs. This means you don’t have to budget separately for fuel, registration, roadside assistance, insurance and other running costs throughout the year because it’s included in one easy payment drawn from your salary each pay. And you can adjust this budget at any time to meet your change in driving habits.  

Self-managed novated lease 

With a self-managed lease, you take full control of the day-to-day management of your lease – from organising your own finance and insurance, to setting your own budget to pay for the lease repayments and running costs (which you will need to pay and have reimbursed when sufficient funds are available in your account).

See comparison between fully maintained vs third-party arranged self-managed lease below:

Maxxia fully maintained novated lease		Third-party arranged self-managed lease
Access to financiers from Maxxia's panel. Maxxia coordinates all paperwork through a fast and secure online process.		You source your own financier - who must accept the SA Government Deed of Novation - and coordinate the required documentation.
Maxxia assists with sourcing your vehicle and negotiating pricing via its dealer network. No deposit required.		You source and negotiate your vehicle. A deposit is usually required.
Maxxia tailors a comprehensive budget; managed your vehicle payments; and monitors your account for any budgetary changes and FBT compliance.		Maxxia makes lease payments as instructed but all budgeting rests with you. Most vehicle costs to be paid upfront and claimed.
Maxxia arranges all insurance and annual renewals (or you can choose your own insurer), with additional lease protection available.		Comprehensive vehicle insurance must be arranged and paid for prior to the lease. Additional lease protection not available.
Maxxia provides a choice of two cards from BP, Ampol or Shell.		Maxxia makes available a BP fuel card.
Maxxia deals directly with your mechanic to review, negotiate and approve all vehicle works.		You arrange and pay for your own maintenance and repairs upfront and then claim reimbursement.
You can sign up to Maxxia online and access the Maxxia Claims app by registering at maxxia.com.au.		You can sign up to Maxxia online and access the Maxxia Claims app by registering at maxxia.com.au.

Other benefits of a fully maintained lease include:  

• no GST on cars purchased through a dealership 
• fast finance application processing 
• packaging a new, second-hand or even your existing car 
• a choice of fuel cards – Ampol, BP and Shell 
• flexibility: Maxxia can negotiate a great deal on a car of your choice using a preferred dealer network, or you can source the car through your own dealer 
• discounts on tyres 
• competitive car insurance options, including comprehensive, third party, gap and lease protection – or you can choose your own 
• regular servicing from a preferred service network, or choose your own repairer and claim the costs back from Maxxia 
• your car repair invoices pre-authorised by Maxxia’s maintenance team to help ensure you don’t pay for things you don’t need 
• a dedicated consultant to guide you through the process 

Insurances 

Maxxia offers, as Authorised Representative of various insurers, a range of insurances to keep you and your car covered. From accident damage and write-off, to loss of income and lease pay-out, Maxxia can help you find cover for an unexpected event. To find out more about our options and details of insurers, visit maxxia.com.au/insurance.