Novated Lease Calculator
How much could you save with a novated lease?
Enter your salary, the car you want and your expected running costs to get a rough idea of your savings. Then call us for an accurate quote based on your employer and your car.
Novated lease savings estimate
This is a rough guide only, based on 2026-27 tax rates, an indicative interest rate and ATO minimum residuals. It is not a quote or tax advice. Your actual savings depend on your employer, the car, finance approval and your situation. Call (03) 8387 1200 for an accurate quote.
How the estimate works
- The car is financed without GST, and ATO minimum residuals are used for the end of the lease.
- Lease payments and running costs come out of your pre-tax salary, which lowers your income tax.
- Eligible electric cars are exempt from FBT. Other cars include an after-tax contribution so that no FBT is payable.
Learn more about electric car novated leases and how novated leasing works.
Frequently asked questions
How accurate is the novated lease calculator?
It is a rough guide using 2026-27 tax rates, an indicative interest rate and ATO minimum residuals. Your actual savings depend on your employer, the car, finance approval and your situation. Call us for an accurate quote.
Why does an electric car save more?
Eligible electric cars are exempt from fringe benefits tax, so the whole lease can be paid from pre-tax salary with no after-tax contribution.
This is general information only and does not take your circumstances into account. Tax rules can change, so please speak to your accountant or tax adviser before making a decision.
Talk to PAR Leasing
Call us on (03) 8387 1200, email davidb@parleasing.com.au or send us a message for a free, no-obligation quote. PAR Leasing is the fleet division of Alan Mance Motors, based at 237-241 Geelong Road, Footscray, and works with organisations across Victoria and the east coast of Australia.