find out how much you could save with a novated lease

a novated lease is a car finance option that comes with big tax saving benefits. since all your costs – including maintenance and fuel – are covered by one payment out of your pre-tax salary, you get to save while simplifying your life and enjoying the freedom of your own car. 

enter your details into the calculator below to find out how much you could save if you switched to a novated lease.

novated lease calculator

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If unsure, the average is 20,000 KMs.
If unsure, the average is 3 years.
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Novated Lease Car Calculator in Australia

novated lease calculator australia

wondering how much you can save with a novated lease?

navigating the world of car financing can be overwhelming, but with fingo, we make it simpler for you. our novated lease calculator is designed specifically for our australian clientele, helping you make informed decisions about your vehicle financing options.

why choose Us?

  • tailored for australia: our calculator takes into account all the specifics of the Australian financial and tax landscape.
  • simple & user-friendly: whether you’re a seasoned pro or a novice in car financing, our tool is intuitive and easy to use.
  • transparent results: we believe in clear and transparent calculations. no hidden fees, no ambiguous terms.
  • knowledgeable support: need help or have questions? our team of finance experts is just a click or call away.

use our novated lease repayment calculator to see how much you can save.

using our novated car lease calculator-get a quote

want to get a novated lease quote? make smart decisions with the fingo Car lease finance calculator and get your results in just a few easy steps:

  1. input vehicle make and model: select or input the make and model of the vehicle you’re interested in. this helps in fine-tuning the calculations based on specific vehicle data.
  2. input vehicle price: enter the purchase price of the vehicle. ensure it matches the current market price or the quoted price you’ve received.
  3. enter your annual salary: to provide accurate estimations of potential tax benefits, please input your annual pre-tax salary.
  4. state your average travel distance: let us know your estimated average yearly travel distance. this aids in determining potential fuel costs and savings.
  5. adjust term length: choose how long you’d like your lease term to be, typically ranging from 1 to 5 years.
  6. set residual value: this is an estimate of the car’s value at the end of the lease term. if you’re unsure about this value, our default settings are based on the australian taxation office (ATO) guidelines.
  7. get your results: once all inputs are provided, our calculator will compute and display your estimated monthly lease payment, total payable amount, potential tax benefits, and the estimated savings over the lease term.

car lease finance calculator

want to unlock savings with fingo’s salary sacrifice novated lease calculator?

one of the most attractive aspects of a novated lease is the potential for tax savings through salary sacrifice. our salary sacrifice novated lease calculator is designed to help you visualise these savings.

how does salary sacrificing work with a novated lease?

when you enter a novated lease agreement, your employer pays for the lease expenses from your pre-tax salary, reducing your taxable income. this process, known as salary sacrificing, can lead to significant tax savings over the term of your lease.

whether you’re considering an electric vehicle or trying to comprehend the savings from salary sacrificing, fingo’s specialised calculator is here to guide you. simplify your car financing journey, understand the numbers, and drive away with confidence. Use our EV novated lease calculator today.


Simplify Your Lease Decisions: Advanced Calculator Tools at Your Service

Choosing the right vehicle and lease plan can be complex, but we make it straightforward with our specialised calculator tools, including the novated lease repayment calculator. These tools are designed to help you navigate the financial aspects of novated leasing with precision and ease. 


How Our Calculators Assist You: 


  • Accurate Repayment Forecasts: Our novated lease payment calculator provides accurate monthly repayment estimates for any vehicle you’re considering. This tool considers various factors like lease terms, vehicle prices, and salary to understand your financial commitment throughout the lease clearly. 
  • Understanding Total Lease Payments: The calculator helps break down the total cost of your lease, including all associated fees, taxes and potential savings. This transparency ensures no surprises, and you fully understand your financial obligations and benefits from day one. 
  • Specialised Calculations for Electric Vehicles: Our EV novated lease calculator is explicitly tailored for electric vehicles, considering the unique tax benefits, lower running costs and government incentives available for EVs. This tool allows you to see the specific advantages of leasing an electric vehicle compared to conventional cars, helping you make an environmentally friendly, cost-effective choice. 
  • Updated Data: We continuously update our calculators with the latest tax laws, FBT rates, and EV incentives to ensure you receive the most accurate and relevant information possible. 
  • User-Friendly Interface: Our calculators are designed to be easy to use, regardless of your financial expertise. We provide clear instructions and the option for guided assistance if needed. 


By leveraging our sophisticated car lease finance calculator, you can confidently navigate the complexities of novated leasing. These tools are part of our commitment to empowering you with knowledge and technology to make informed financial decisions regarding your vehicle leasing options. 

frequently asked questions

the Novated Lease Calculator is designed to provide an estimate of the potential costs and benefits associated with entering a novated lease agreement. by inputting various details, users can get an idea of monthly payments, total payable amounts, and potential tax benefits.

our Novated Lease Calculator provides a clear breakdown of potential savings you might achieve through salary sacrificing. it helps you visualise how much of your pre-tax salary would go towards the vehicle and the associated tax benefits.

our calculators are designed with the latest financial algorithms and are continuously updated to reflect current market conditions and Australian taxation laws, ensuring you receive accurate and up-to-date information.

no, the Novated Lease Calculator is a complimentary tool provided by Fingo to assist users in making informed decisions about novated leasing.

still have questions? our dedicated fingo team is always ready to assist and guide you through the intricacies of the novated lease payment calculator!

over 20,000 happy customers and counting

benefits of a novated lease for employees

  • no gst on the purchase price
  • no deposits or up-front costs
  • save on your vehicle running and maintenance costs
  • save thousands in income tax
  • take your vehicle with you if change jobs
  • just one easy monthly payment for all your vehicle expenses

benefits of a novated lease for employers

  • cheaper and easier to manage than providing company cars
  • provide a more attractive remuneration package to potential and existing customers
  • no residual risk
  • lower payroll tax and workcover premiums. no surplus vehicles if an employee changes jobs
  • we take care of arranging everything so you can focus on important business matters

Fingo Finance