Novated Lease Calculator

See your tax savings and out-of-pocket costs

This calculator provides an indicative estimate only. Results may vary based on individual circumstances. For an accurate, ATO-compliant quote based on your specific situation, please request a formal quote.

Your Details

Annual Salary (Gross)

Your marginal tax rate: 32.0%

Pay Cycle

Vehicle Purchase Price

Lease Term

Annual Kilometres

Electric Vehicle

FBT Exempt (under the fuel-efficient LCT threshold, $91,661 for 2026-27) + Lower running costs

Include in Budget

Fuel(16.6c/km)

Service

Replacement Tyres

Registration & CTP Renewals

Comprehensive Insurance

Your Net Cost

Your Net Cost (After Tax Savings)

$612

per fortnight

$306

per week

$1326

per month

Residual Value at End of Lease

ATO minimum residual at the end of the lease

$21309

Cost Breakdown

Pre-tax Package Amount$335

Less: Income Tax Saving (32.0%)−$107

Plus: ECM Post-tax Contribution +$385

Your Net Out-of-Pocket$612

Budgeted Running Costs:

Fuel$96

Service$30

Tyres$20

Rego & CTP$34

Insurance$56

These figures are estimates. Request a formal quote for exact calculations based on your circumstances.