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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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.
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.