Novated Lease Calculator

Novated Lease Calculator designed to show real take-home pay impact, not sales quotes. Instantly see weekly cost, tax savings, ECM effects, residual value, and EV exemptions. Built using Australian tax brackets to compare novated lease vs car loan with realistic assumptions.

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Novated Lease Calc
Vehicle & Salary Profile
IS THIS LEASE WORTH IT?
ANALYZING…
Tax Benefit vs Cash Buy
WHAT THIS CAR COSTS YOU PER WEEK
$0
Net reduction in take-home pay
TAX SAVED VS MONEY SPENT
💸 You Pay $0
🧾 Tax Saved $0
Annual Figures
🧠 Why This Works
Why Your Salary Makes This Work
0%
Marginal Rate Power
Tax Bracket Drop Alert
—
Impact on rate
Residual Reality Check
$0
(Refinance, Pay Cash, or Sell)
ECM Explained in One Line
$0
Post-tax paid to kill FBT
🚗 Vehicle & Usage Reality
KM Risk Indicator
OK
Usage looks standard
Daily Lifestyle Cost
$0
Cost per day
Fuel vs EV Reality
—
Savings impact
📊 Comparison & What-If
Best Term For You
—
3yr vs 5yr Weekly
If You Earn $10k More
—
Weekly Savings Change
Price Sensitivity
—
Savings per $1k less
🧾 Trust & HR Summary
Employer Friendly Summary
Pre-Tax$0
Post-Tax$0
Quote Confidence Meter
High
Based on stable inputs
What This Tool Assumes
✔️ Resident Tax Rates
✔️ GST savings shown as effective estimate over term
✔️ Standard ECM method
🧠 Advanced Context
Break-Even Salary
$45k
Below this, lease is costly
Loan vs Lease Pain Curve
📉 Smoother
Loan assumed with similar balloon structure
End-of-Lease Options
🔁 💰 🚗
Refinance, Pay, or Sell
Who This Lease Is PERFECT For
✔️ Salary > $X
✔️ Km > Y
✔️ Wants Cashflow
Salary Package Breakdown
Component (Annual)Amount
Finance Payment (Ex GST Estimate)$0
Running Costs (Ex GST)$0
Pre-Tax Deduction$0
Post-Tax Deduction (ECM)$0
Income Tax Saved$0
GST Savings (ITC Estimate)$0
TOTAL BENEFIT (Over Term)$0

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