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Novated Lease Calculator: Using Novated Leasing
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Novated Lease Calculator: Using Novated Leasing
Novated Lease is a method of salary packaging where the purchase price of your car and its operating costs (fuel, servicing, registration and insurance) are all deducted from your pre-tax income. Fringe Benefits Tax (FBT) and GST are applied at the year's end.   Use the novated lease calculator to crunch the numbers and determine how much you could save. It's quick and easy! For a quality novated lease calculator, check this out.   Running Cost Budgets novated lease calculatorNovated lease running costs such as fuel, tyres, scheduled servicing, roadside assistance and comprehensive car insurance are included in the package for one easy monthly payment. This means you get savings over what you'd pay if you paid for these expenses out of your after-tax salary.   Your novated lease provider will accurately budget these costs based on your estimated annual km and past usage. That means you won't get bill shock yearly like with everyday car finance or a personal loan.   A novated lease is a tax-efficient vehicle finance option in Australia and can save you thousands of dollars. There are a few things to be aware of, though. Like any car purchase, you should seek professional tax advice for your related lease. It's also worth checking your new lease budgets throughout the financial year to ensure they are accurate. This will help you maximise tax savings. Fringe Benefits Tax (FBT) changes can impact how much you need to pay for running costs from pre-tax salary.   Comprehensive Car Insurance Comprehensive car insurance is an optional extra that pays out the actual cash value of your vehicle if it is damaged or stolen. It can also cover your rental reimbursement if you need a replacement car while yours is in the repair shop. It's worth the effort to protect your investment. For a quality novated lease calculator, check this out.   We include comprehensive car insurance in your new lease package because it's one of the things that make our deals so competitive. It's bundled into its running costs budget, which we calculate on top of the lease payments, so you won't find any surwon'ts when you come to pay the bill.   With a FleetPartners novated lease, your repayments are deducted each payday from your pre-tax salary, significantly reducing your tax burden. That way, you can save thousands immediately and still enjoy all the perks of driving a brand-new car. Plus, we'll take care of the hassle-free maintenance and servicing.   Registration & CTP Renewals Unlike with a car loan, your lease repayments include the full range of vehicle costs, including insurance, fuel, registration, servicing and replacement tyres. Essentially, a novated lease lets you avoid nasty bill surprises and puts your money back in your pocket.   Novated leasing is a tax-effective arrangement between you, your employer and LeasePlan that allows you to salary package lease rentals and operating expenses from your pre-tax income. It can save you thousands compared to purchasing and paying for the exact vehicle with after-tax dollars.   Our novated lease calculator estimates how much it will cost to buy and run your chosen car. It's all-inclusive. It considers yearly registration, CTP renewal costs, and the estimated kilometres per year you drive. All the numbers are laid out in clear and simple terms to help you make an informed decision about a novated lease. We're here to help. We're just a help. We're taking steps from understanding your application to getting you on the road.   Final Payment Novated leasing is a specialist vehicle finance product that allows you to pay for your car with income tax and GST-free running costs deducted from your pre-tax salary. It's a great way to get behind the wheel of a new car while saving on tax and enjoying a cashless lifestyle. For a quality novated lease calculator, check this out.   Your novated lease payments are automatically deducted from your salary and paid to Clear Lease on your behalf. From there, our team will manage all your vehicle costs – from the lease on your car to registration, car insurance and servicing.   The best part is that you don't have to worry about any paperwork or upfront fees. If you're ready to see how much you can save by salary packaging a novated lease, our simple calculator is here to help. All you need to do is enter your basic novated lease parameters, and our calculator will provide you with your estimated monthly payments, sales tax (if applicable) and total repayments.  

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