Novated Lease Guide & Calculator
Your true net cost — not the "tax saved" figure providers advertise.
Independent, ad-free, and no leads sold. Quoted by ABC News. Recommended across the internet.
Many people dismiss EV novated leases for the wrong reasons, based on outdated rules of thumb rather than current rules.
Many people sign up for novated leases for the wrong reasons, based on misleading sales pitches rather than a clear understanding of costs, risks, and trade‑offs.
This site is written for both. The calculator is one of very few that models true net savings — not the misleading "tax saved" figure most providers advertise. The accompanying articles cover the pros and cons in depth, written by someone with no affiliation with any leasing company and no financial interest in your decision.
Reflects the EV FBT wind-back, including the 25% FBT discount applying from April 2027 for eligible EVs above $75,000. Read the explainer →
🎓 New here?
Start with the fundamentals.
🔍 Got a quote?
Cut through the numbers.
- Open the calculator
- Employer BYO Checker — can you bring your own provider?
- How to use the novated lease calculator
- How to read a novated lease quote
- Why novated lease interest rates look high
- Real example: $21,320 "savings" → $5,591 net loss
- Real example: $81k Tesla cost-neutral to keeping a $25k Mazda
📖 Going deeper?
Browse the full guide by topic.
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