How much could you save?

How much you could save with a novated lease depends on your individual circumstances, including your salary, the vehicle you choose, your lease term and estimated kilometres travelled. Use our calculator to estimate your potential savings and see how a novated lease could work for you.

How does the novated lease calculator work?

Our calculator gives you an estimate of the potential costs and savings of leasing a car through a novated lease. Enter a few details about yourself, your vehicle and how you plan to use it. The calculator uses this information to estimate your lease costs, running expenses and potential tax savings.

How is a novated lease calculated?

A novated lease calculation takes into account the cost of your vehicle, lease term, estimated kilometres and your salary. It can also factor in the potential tax benefits of making some of the lease payments from your before-tax salary.

As everyone’s circumstances are different, the results may vary depending on your situation and the vehicle you choose. The figures provided are an estimate and not a final quote.

What will the calculator show?

The calculator provides an estimate of what a novated lease could look like for you. Based on the information you enter, it can show your estimated lease costs, potential tax savings, and the impact on your salary.

Why use our novated lease calculator?

Our calculator can help you explore the potential costs and savings of a novated lease before choosing a vehicle. It provides an estimate based on your circumstances, helping you understand how a novated lease could work for you.

Can I use the novated lease calculator for electric vehicles?

Yes. You can use the calculator to explore the potential savings of a novated lease on an electric vehicle (EV).
Eligible electric vehicles (EV) may qualify for the Government’s EV discount, which can exempt them from the FBT potentially increasing the tax savings available through a novated lease. Eligibility and the amount you could save will depend on the vehicle and your individual circumstances