About you
SALARY
$100,000
LEASE TERM
5 YEARS
STATE
NSW
YEARLY KM
15,000 KM
Did you know? Electric cars have additional tax benefits as some are exempt from FBT.
Novated lease calculator
BYD SHARK 6
Premium
5 SEATS
Engine
Petrol - Pre...
Body
Ute
Transmission
Automatic
Plug-in hybrid
100KM
from
$298
Weekly
See calculation
See calculation
Discount
Tesla Model 3
Rear-Wheel Drive
5 SEATS
Engine
Electric
Body
Sedan
Transmission
Reduction Ge...
Range
513KM
from
$209
Weekly
from
$200
Weekly
See calculation
See calculation
Mitsubishi Outlander
PHEV Exceed Tourer
7 SEATS
Engine
Petrol - Unl...
Body
SUV
Transmission
Automatic
Plug-in hybrid
84KM
from
$355
Weekly
See calculation
See calculation
Discount
Tesla Model 3
Long Range
5 SEATS
Engine
Electric
Body
Sedan
Transmission
Reduction Ge...
Range
629KM
from
$237
Weekly
from
$227
Weekly
See calculation
See calculation
CUPRA Formentor
VZE
5 SEATS
Engine
Petrol - Pre...
Body
SUV
Transmission
Sports Autom...
Plug-in hybrid
58KM
from
$324
Weekly
See calculation
See calculation
MG MG4
Essence 64 150kW
5 SEATS
Engine
Electric
Body
Hatchback
Transmission
Reduction Ge...
Range
505KM
from
$173
Weekly
See calculation
See calculation
Audi Q5
55 TFSI e S Line
5 SEATS
Engine
Petrol Premi...
Body
SUV
Transmission
Sports Autom...
Plug-in hybrid
55KM
from
$508
Weekly
See calculation
See calculation
Mitsubishi Eclipse Cross
PHEV Exceed
5 SEATS
Engine
Petrol - Unl...
Body
SUV
Transmission
Automatic
Plug-in hybrid
55KM
from
$288
Weekly
See calculation
See calculation
Toyota RAV4
Cruiser
5 SEATS
Engine
Petrol - Unl...
Body
SUV
Transmission
Constantly V...
Hybrid
4.7L/100KM
from
$279
Weekly
See calculation
See calculation
Hyundai Santa Fe
Hybrid
7 SEATS
Engine
Petrol - Unl...
Body
SUV
Transmission
Automatic
Hybrid
5.6L/100KM
from
$303
Weekly
See calculation
See calculation
Toyota Yaris
ZR Hybrid
5 SEATS
Engine
Petrol - Unl...
Body
Hatchback
Transmission
Constantly V...
Hybrid
3.3L/100KM
from
$200
Weekly
See calculation
See calculation
Subaru Crosstrek
Hybrid L
5 SEATS
Engine
Petrol - Unl...
Body
SUV
Transmission
Constantly V...
Hybrid
6.5L/100KM
from
$236
Weekly
See calculation
See calculation
Disclaimer: The results of this novated lease calculator and its images are for illustrative purposes only and are based on the information you have provided. The figures are estimates and should not be considered as final or binding. Actual costs and savings may vary based on your individual circumstances, including your financial situation, tax bracket, and changes in government policies. Colours of images are not representative of colours that may be available. To view a full list of the terms & conditions, and the applicable assumptions, please refer to our detailed documentation.
What will my novated lease calculator results show?
The result you get from our novated lease calculator will estimate various costs and savings:
- The regular cost of the lease (that's the reduction to your take-home pay). You can choose to see a weekly, fortnightly or monthly estimate to match your pay cycle.
- What running costs are included in the estimate.
- The potential GST saving on the car (based on the vehicle purchase price and packaged running costs).
- An estimate of the total income tax savings available.
- Total estimated tax saving (GST plus income tax).
How is a novated lease calculated?
Our novated lease calculator estimates your costs and savings based on different factors about you, the car you want to salary sacrifice and how you will drive it. The lease term (duration) will also impact the calculation.
Here's an overview of the main variables and how they can impact the calculation.
What car you'll be leasing
The purchase price of your car will have a significant bearing on the calculation and the cost of your lease. A more expensive car within the same category will mean a higher regular lease payment. The major exception is a novated lease on an electric vehicle, which is typically significantly cheaper than a lease for a similarly-priced non-EV. This is due to the fringe benefits tax exemption on eligible EVs.
How many KMs you drive
The calculation will estimate your car running costs too. These are estimated based on how many KMs you'll drive per year. Car running costs you can salary sacrifice include fuel/charging, insurance, registration/CTP, tyres and servicing.
Your salary
A novated lease calculator will take account of your pre-tax salary to estimate your potential tax savings. Generally speaking the higher your marginal rate of tax, the more you save. But anyone who pays income tax can reduce their tax bill through a novated lease.
The lease duration
Your choice of term (between 1-5 years) has a major impact on the novated lease calculation. A longer lease term generally means lower regular payments as the cost is spread over a longer period.
Your location in Australia
This impacts the likes of vehicle delivery costs, stamp duty on the vehicle and the cost of registration, all of which will need to be factored into the novated lease calculation. Where you live may also separately impact what EV incentives and rebates you may be eligible for if you choose to drive an EV.
Your calculation
Your calculation
0Weekly
Includes
ice
Finance
Insurance
Maintenance
Tyres
Registration & CTP
Estimated savings
GST
$0
Income tax
$0
Total savings
$0
See if we can beat these prices
Typical response time: 2 hours*
Thank you!
Thanks for answering those questions.
Quote:
One of our expert team will now take your answers and design the ideal match for you.
Please keep close to your phone, your consultant will be in touch soon to share your free quote and help get you into your new car and onto the road as soon as possible.
Excellent
