Novated Lease Calculator
Get the best car for your budget with one easy-to-use tool that bundles your costs for instant savings.
- Speak with Novated Leasing Experts • 100% Free Help
Pay Less Tax
2-Minute Estimate
EV Discount Ready
Free Tools and Expert Resources
Get all the info you need to make the right call. Our experts offer no-cost quote comparisons and helpful guides.
Estimated Annual Savings Through Salary Packaging
$50,000
$2,400
$75,000
$4,200
Vehicle: $50,000
$100,000
$6,800
Vehicle: $65,000
$125,000
$8,500
Vehicle: $80,000
Petrol vehicle estimates are based on the statutory method, while EV savings can be significantly greater.
Advanced Savings Calculator
See exactly what you could save
Get a precise tax savings estimate based on your salary and car. Easily compare electric vs. petrol vehicles.
Free Novated Lease Guide
Expert breakdown
The complete guide to tax savings, EV perks, and how novated leasing works, step by step.
EV vs Petrol: Cost Comparison
Detailed Breakdown
Find out the real savings of choosing electric. Compare running costs, tax, and more with side-by-side figures.
Quote Comparison Service
Free expert review in 24 hrs
Got a quote already? Upload it and our experts will check if you could be saving more.
Your savings are just 2 minutes away
Start with a quick, personalised quote tailored to your salary and car.
All Makes, All Models, Maximum Tax Benefits.
Access Australia’s full vehicle range with expert-backed leasing providers.
Electric Vehicles
100% FBT Exempt for Vehicles Under $91,387
Popular Models: Tesla, BMW i4, Polestar 2
Potential Savings: Up to $12,000/year
Utes & 4WDs
Ideal for Work and Weekends
Popular Models: Ford Ranger, Toyota HiLux, RAM 1500
Potential Savings: Up to $8,500/year
SUVs & Family Cars
Australia’s Favourite Everyday Vehicles
Popular Models: Toyota RAV4, Mazda CX-5, BMW X3
Potential Savings: Up to $7,200/year
Luxury & Performance
Premium Cars with Tax Advantages
Popular Models: BMW 3 Series, Audi A4, Mercedes-Benz C-Class
Potential Savings: Up to $10,000/year
Find the Best Car Option for Your Salary Package
Enter your details to get a custom quote and discover savings estimates.
Is a Novated Lease Actually Worth It?
Novated leasing offers fleet discounts, bundled costs, and tax savings, plus 100% pre-tax benefits on EVs for even greater value.
$91,387
FBT Exemption Limit for EVs
Fleet Deals
Discounted Vehicle Pricing
100%
Pre-tax Deductions on Eligible EVs
Drive It Anywhere
Enjoy full flexibility, your novated lease vehicle can be used for both personal and work purposes with zero restrictions. Drive wherever, whenever, and still enjoy the tax perks.
FBT Exemption for EV
EVs under the Luxury Car Tax threshold ($91,387 for 2024-25) are exempt from FBT. Fully finance and operate your EV with 100% pre-tax income, eliminating fringe benefits tax.
All-Inclusive Payment
Your lease covers it all: fuel/charging, finance repayments, servicing, maintenance, rego, CTP, insurance, tyres, and even accident management, all bundled into one easy pre-tax payment.
Salary Packaging Advantage
Lease payments are deducted from your gross salary. lowering your taxable income and boosting your take-home pay, all while staying fully ATO-compliant.
Government Approved
Our novated leases follow all Australian Tax Office guidelines. Eligible EVs also benefit from the Electric Car Discount Bill for extra savings and support.
Customisable Payment Plans
Pick a payment plan that suits your lifestyle and budget. Adjust your structure for peace of mind and full control over your finances.
Electric Vehicle Benefits
EVs priced under $91,387 can be entirely funded with pre-tax dollars, with no Fringe Benefits Tax (FBT) applied!
All vehicles qualify for novated leasing, but electric vehicles receive the added advantage of a full FBT exemption.
How Novated Leasing Works
Getting a novated lease is easier than you think. Here’s how it works:
1. Request a Quote
Pick your car and request a personalised novated lease calculator quote.
2. Get a Full Breakdown
We show you a complete picture: running costs, lease budgets, and how much tax you'll save.
3. Employer Signs Off
We liaise with your employer to finalise the salary sacrifice arrangement.
4. Hit the Road and Save
Drive away in your new car, with everything covered in one neat pre-tax payment, and enjoy the tax savings from day one.
Exclusive Benefits You Can Enjoy
Charging, insurance, and maintenance can be deducted from your pre-tax salary.
No limits on personal use.
Electric vehicles under $91,387 are fully exempt from FBT.
Enjoy significant tax savings through an EV novated lease.
How is a novated lease calculated?
You can use a Novated lease savings calculator Australia to estimate your weekly or monthly costs and see how much you’ll save on tax. Whether you’re choosing a fuel-efficient petrol vehicle or an electric vehicle (EV), the novated lease car calculator highlights the tax advantages of leasing an eco-friendly car. From bundling running costs to slashing your taxable income, it’s an easy-to-use tool to get real numbers and savings estimates.
How much can I save on a novated lease?
With a novated lease, your potential savings can reach up to $50,000 over the lease term, especially when leasing an EV.
You’ll benefit from reduced running costs, lower maintenance, and substantial tax savings by salary sacrificing your vehicle. Our salary sacrifice car calculator Australia shows exactly how much you could save on tax while driving a brand-new, eco-conscious car.
Check out our full guide covering 20+ novated lease-eligible EVs, including Tesla, Kia, Hyundai, and BYD. Combine sustainability and affordability, with customisable leases that suit your financial needs.
By choosing a novated lease for your electric car, you’re slashing costs, gaining tech-savvy features, and enjoying the latest vehicles, all with legitimate ATO-approved tax benefits.
Frequently Asked Questions
Find answers to common queries about novated leasing and discover how it can save you money while providing flexibility in car ownership.
How quickly can I get approval for a Novated Lease?
Approval can be completed in as little as 4 hours, allowing you to enjoy your new vehicle in no time!
Can I use a Novated Lease for a used car purchase?
Yes! Novated leases are available for both new and used vehicles, as long as the used car is no more than 15 years old by the end of the lease term.
Can I use the car for both personal and business purposes?
Yes, there are no restrictions on personal or business use, so you can enjoy your vehicle however you like.
What happens at the end of my Novated Lease?
At the end of your novated lease, you’ll need to pay the residual value (balloon payment) to own the car outright. Returning the vehicle is not an option.
Are there any restrictions on who can apply for a Novated Lease?
Novated leases are available for employees of participating employers. Please note that sole traders and individuals looking to use the vehicle for ride-sharing are not eligible.