Novated Lease Calculator
Estimate your weekly repayments and tax savings in minutes. Enter your salary, vehicle choice and lease term below to get a personalised novated lease calculator estimate, based on real running costs.
Get a Novated Lease estimate in seconds
Input your details below to get an instant estimate of your weekly repayments and potential tax savings.
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Please note: The content of this website is provided as general information only. All calculations are provided to viewers as examples only. This website does not constitute a quote or offer of finance. The content of this website may not be applicable to your circumstances and Leasexpress recommends that you seek independent financial, legal and taxation advice in order to determine whether a novated lease is suitable for you. Whilst Leasexpress has provided the information in this website in good faith and has no reason to believe that any information provided is inaccurate, the information may contain errors for which Leasexpress will not be held responsible.
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How Our Novated Lease Calculator Works
Our novated lease calculator uses your salary, chosen vehicle and annual kilometres to estimate what a novated lease could cost you each week.
Select your car make and model, enter your annual salary before tax and your expected annual kilometres, then choose your lease term and how often you’d like to make repayments.
The calculator for novated lease costs factors in your income tax bracket to show your potential tax savings alongside your weekly repayment figure. Your result is a guide only, but a formal quote from our team will confirm your exact costs based on your employer’s salary packaging policy.
What's Included in Your Novated Lease Estimate?
Your novated lease savings calculator includes everything you need, giving you a realistic estimate rather than just a basic finance repayment.
FAQs
What Is a Novated Lease Calculator?
A novated lease calculator is a free online tool that estimates your weekly repayments and potential tax savings on a novated lease, based on your salary, vehicle choice and lease term. It gives you an indicative figure before you commit to a formal quote.
How Accurate Is the LeaseXpress Novated Lease Calculator?
Our novated lease calculator gives a close estimate based on the details you provide, including your salary, annual kilometres and running costs such as insurance, registration, servicing and fuel or EV charging. Your final figures may vary slightly depending on your employer’s salary packaging policy, so we recommend confirming your exact costs with a formal quote.
Is This Novated Lease Calculator Suitable for Use Anywhere in Australia?
Yes. Our novated lease calculator Australia-wide estimate applies to salary packaging employees across every state and territory. Tax savings are calculated using the Australian income tax brackets that apply to your salary.
What Information Do I Need to Use the Novated Car Lease Calculator?
You’ll need your annual salary before tax, your expected annual kilometres, your preferred lease term and how often you’d like to make repayments. Selecting your car make and model lets the calculator estimate running costs specific to that vehicle.
Does the Calculator Include Running Costs, or Just the Finance Repayment?
The calculator includes lease finance, comprehensive insurance, tyres, roadside assistance, registration and CTP, servicing and maintenance, and fuel or EV charging, so your estimate reflects the true cost of running the vehicle, not just the repayment.
Ready for a Formal Novated Lease Quote?
Your calculator result is an estimate only. For an accurate novated lease quote tailored to your salary and employer, speak to our team. We will structure your lease to maximise tax efficiency and ensure all vehicle costs are correctly packaged.