Novated lease calculators: how the savings actually add up
A novated lease calculator estimates the real cost of salary-packaging a car. Here is what it factors in, where the big savings hide, and how to sanity-check the numbers before you sign.
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Articles tagged Car finance
How to finance a car in Australia: the options compared
There are five common ways to finance a car in Australia: a secured car loan, an unsecured personal loan, dealer finance, a novated lease, or paying cash. Each suits a different buyer. Here is how they compare on rate, term and the fine print.
Used car loans in Australia: what to know
A used car loan is usually secured against the vehicle and priced a touch higher than a new car loan. Here is what shapes the rate, what lenders check, and how to borrow only what the car is worth.
Novated lease explained: is it worth it in Australia?
A novated lease lets you pay for a car and its running costs out of your salary, partly before tax. For an eligible electric vehicle under the FBT exemption it can be very tax-effective. For petrol cars the case is closer. Here is how to tell.