Try our easy to use calculator to see just how affordable a novated lease really is and how much you could save by purchasing your next car this way.

Let us show what you can save

$
$35,000
15,000 km
  • You will pay per

  • Savings per year

  • Savings over the lease term

Data Point Car Loan Novated Lease
Annual salary
Pre-tax payment -
Salary after pre-tax deductions -
Post-tax payment -
Tax and medicare
Net salary
Annual car costs -
Income after tax & car costs
Residual value at the end of the loan

Calculations provided are an estimate only and do not constitute a quote or offer of finance. Calculations do not take into account any luxury car levy that may be payable in cases where the amount financed exceeds the car limit as set by the Australian Taxation Office. Calculations will vary where the luxury car levy applies. The implications of salary packaging a motor vehicle through a novated leasing arrangement, including tax savings will depend on your individual circumstances. Before acting on any information or entering into a novated leasing arrangement, you should consider your objectives, financial situation and needs, and, take the appropriate legal, financial or other professional advice based upon your own particular circumstances.

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