The amount you can borrow for a vehicle will vary depending on the lender. In general, the minimum novated lease amount is between $5,000 and $10,000, while higher amounts are subject entirely to the repayment capacity of the applicant.
Novated lease agreements may exceed $100,000 but very rarely exceed $150,000.
Get expert answers to more of the common questions in our [novated lease explained guide](/novated-lease-explained).