Novated Lease Calculator

See how a novated lease could benefit you. TFM’s lease calculator below, offers a comprehensive breakdown of all the costs involved. This makes it easy for you to see at a glance how much you could save when compared with a standard car loan. Calculate your novated lease with Toyota Fleet Management.

Using Our Novated Car Lease Calculator

TFM’s novated lease calculator is simple and easy to use. Select a car type, then use the sliders to input car cost, gross salary and other details. There are even advanced options to select the state of registration and information about the employer. The novated lease calculator shows all the costs involved so there’s no surprises down the line.

Car on-road cost
Interest rate
FBT Base value
Statutory %
FBT method
Residual value

Monthly cost

$ *
Including all running costs & potential tax savings.
Your gross salary
Novated lease pre-tax
Novated lease (ECM GST)
Novated lease (FBT)
Taxable salary
Income tax
Your salary after tax
Novated lease post-tax (ECM )
Estimated Salary after Novated Lease
Novated lease finance
Maintenance and tyres
Registration and CTP renewal
Fuel
Comprehensive insurance
Management fee
Total Car Running Costs
Minus potential tax saving
Total car running cost after tax saving
Estimated Salary after loan and running costs
Comparative saving with a Novated Lease

  Disclaimer

^Servicing, Maintenance, Tyres and Insurance can be purchased from an alternate supplier, not only Toyota Fleet Management (TFM).

*Savings and Costs are approximate based on the parameters selected above. See Terms and Conditions.

Novated Lease vs Car Loan or Cash

A novated lease from Toyota Fleet Management 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 tool that compares a novated lease vs car loan or cash.


NOVATED
Up-front
Car on-road cost -
Monthly
Finance
Running costs
Tax saving
Total monthly cost
After
Costs
Residual value
Total cost after tax

  Disclaimer

^Servicing, Maintenance, Tyres and Insurance can be purchased from an alternate supplier, not only Toyota Fleet Management (TFM).

*Savings and Costs are approximate based on the parameters selected above. See Terms and Conditions.

Novated Lease Calculator

$
$
YRS
%
$
%

Potential Total saving

Monthly cost

$ *  

Including all running costs and potential tax savings.

X

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