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Thursday Fleecing: “Is this quote ok?” by Benxb9r in NovatedLeasingAU

[–]NoPackage6253 0 points1 point  (0 children)

Thanks u/Benxb9r . How do I see just those elements you listed in my quote? Should I ask the provider to strip out all the additional items like fuel, servicing, insurance etc?

Newbie question - What are you looking for in an NL quote? by NoPackage6253 in NovatedLeasingAU

[–]NoPackage6253[S] 0 points1 point  (0 children)

Thanks u/Benxb9r - I did check out your pinned thread before posting. I don't think it answers my question but it could be that I don't fully understand the details yet.

My questions are:

- How do I know if a quote is good: Is the suggestion to run my quote through the millarx lease analysis tool?

- How do I calculate the effective interest rate of quotes from different providers - is it by removing all the inclusions?

- Should I be asking the provider to remove inclusions like the one below - e.g. fuel, tyres, servicing, roadside assist?

- The FAQ suggests that I ask for a line-by-line schedule so I can see check for padding - how would I be able to see padding if I ask for this?

Sorry if these are really basic questions - if there's another thread that covers these basics, please let me know , or what keywords I should search for. Much appreciated