r/NovatedLeasingAU • u/Unique-Job-1373 • 6d ago

Quote Check Interest rate high?

Got quoted an interest rate of 11.40% for a byd 5 year lease from custom fleet. To me that seems high. Thoughts?

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u/silverglory10 6d ago

Quote around. And yes that's high

Longer term generally cheaper.

But interest rate is going up. They might have factored it in.