u/Dandynoob

So I have a novated lease for new car with Remunerator, financed by Pepper Money, started in February 2026. 

I’m changing jobs (unexpectedly) and my new employer uses SG Fleet. 

SG Fleet have advised me that they can’t take on the Pepper Money loan and the only way they can set it up is if:

1. I payout the Pepper Money loan myself, and
2. They setup their own financing and a new SG Fleet novated lease, and then
3. They pay me the market value of the car.

This is crazy right? The payout amount for my Pepper Money loan is about $7,000 more than the car is worth brand new!

What other options do I have here? 

I feel like I’m being royally screwed!

Also how can I negotiate a better interest rate with SG Fleet than what they’ve quoted me (10.41%)?