Novated Lease Calculator
Use our novated lease calculator to get an estimate on your savings today!
When purchasing a new or used vehicle, a car finance lease is often seen as one of the most simple and easy-to-understand finance options available. Using our novated lease calculator can give you a great estimate based on your circumstances.
Dependent of the client’s circumstances, there may be the availability of low or no deposit terms for the car finance lease. Furthermore, depending on their tax status, a client’s payment may also be 100% tax deductible.
It is important to note that car finance does differ from a commercial hire purchase and unlike a car finance lease, a commercial hire purchase has interest payable and the depreciation is deductible.
A car finance lease offers:
- Set terms
- Fixed interest rates
- Budgeted repayments, which cover the term of the lease
- Opportunity to own the vehicle at the end of the lease
So check out our Boost Novated lease calculator or if you want any further information on this service or personal loans or other salary packaging benefits we can offer please contact one of our Packaging Consultants.