Take a look at how a novated lease could benefit you. Below is a comprehensive breakdown of all the costs involved, so you can see at a glance how much you could save when compared with a standard car loan.
|Salary Package Breakdown|
|Your annual gross salary|
|Novated lease pre-tax|
|Novated lease (ECM GST)|
|Novated lease (FBT)|
|Your salary after tax|
|Novated lease post-tax (ECM )|
|Salary after Novated Lease|
|Car Running Costs|
|Novated lease finance|
|Maintenance and tyres|
|Registration and CTP renewal|
|Total Car Running Costs|
|Minus tax saving|
|Total car running cost after tax saving|
|Compared with a loan|
|Salary after loan and running costs|
|Comparative saving with a Novated Lease|
A novated lease is a convenient, flexible and cash-free way to drive the car you want. All your costs are covered in one, budget-friendly monthly payment. Discover how much you could save with our handy comparison tool.
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