Novated Leasing Calculator

Vehicle size

Clear calculator

You will pay

$0 per fortnight

You will save

$0 per year

$0 savings over term of lease
(savings on the vehicle price using our buying power are on top of this)

Fortnightly cost

The amount your take home pay is reduced by. This cost includes vehicle cost plus fuel, tyres, comprehensive insurance, registration and CTP

Calculator assumptions

One set of replacement tyres are included for every 40,000 kms. Servicing is in line with manufacturers recommendations. Driver sourced Insurance has been included using the cost of RACV Comprehensive Insurance. The fortnightly cost is calculated using the Employee Contribution Method and includes a provision for Fringe Benefits Tax (FBT) using the statutory formula method (based on a single flat rate of 20 per cent) and assumes the vehicle is used for the full 365 days.

The running costs have been calculated based on

Small Car

Ford Focus Trend Hatch

Medium Car

Mazda 3 Maxx Sedan

Large Car

Toyota Prado GX

SUV

Subaru Forester 2.5i-S

Fees and charges are not included in this calculation.

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Overview

  • Vehicle size

  • Vehicle cost

  • State

  • Estimated kms

  • Annual salary

  • Lease term

Calculations provided are an estimate only and do not constitute a quote or offer of finance. We recommend that you seek your own independent legal, financial and tax advice when making any decisions in respect of a Novated Lease. 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.