Estimated tax savings over lease term
This figure is an estimate of the potential income tax saving over the 4-year lease term for an employee on an annual gross salary of $130,000, calculated on the assumptions listed above and on the tax, FBT and employer salary packaging arrangements in effect as at August 2026. It is not a guarantee. Your actual outcome will be higher or lower – in some cases materially – depending on your salary, your marginal tax rate, your employer’s salary packaging arrangements, your actual kilometres travelled, your vehicle, and any change to tax or FBT law during the lease term. This is not taxation advice — you should obtain independent taxation advice about your own position.
Estimated weekly cost, total lease payments and residual value
The estimated weekly cost represents the estimated reduction in your take-home pay if you enter into this novated lease, compared with your take-home pay without a lease, based on the assumptions listed above.
It includes finance for the vehicle and the following budgeted running costs:
It is not the purchase price of the vehicle. The total estimated lease payments over the four-year lease term are shown for each vehicle above and exclude the residual value.
At the end of the lease term, a residual value ("balloon payment") is payable if you choose to purchase the vehicle. The residual value for each vehicle is shown above and is not included in the estimated weekly cost, total lease payments or estimated tax savings.
All figures are estimates only and will change once your personalised quote has been prepared and finance approval has been obtained.