Let's crunch some numbers

Real Life Example​

Nothing beats crunching the numbers for what your savings could look like. Here is a real life example of the difference Novated Leasing can make to your bottom line.

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A man and woman exploring a novated lease option by diligently researching various lease terms and conditions on a tablet inside a car showroom.
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Electrified Savings

Novate a plug-in

Electric Cars are now TAX FREE on a novated lease
Jessy Gets a Loan Marty Novates with Clear Lease Saving
Gross Salary
$90,000 pa
$90,000 pa
Amount Financed
$74,686 inc GST
$36,291 GST free
$5,885
Vehicle Running Cost pa
$20,140 inc GST
$18,309 ex GST
$9,154
Income Tax
$21,528
$15,240
$31,440
Total Savings $46,480*
Income After Car Costs $48,925 $55,450 That's an 8.3% Pay Rise

*GST and income tax savings over a 5 year lease based on \$90,000 income, calculated using electric or plug-in hybrid vehicle options. Includes lease, rego, insurance, servicing & maintenance. All reasonable care has been taken to ensure the content is correct at the time of publication. Clear Lease recommends that you seek independent financial advice.

Tank Full of Savings

Novated Petrol or Diesel Vehicle

Karen Gets a Loan Craig Novates with Clear Lease Saving
Gross Salary
$90,000 pa
$90,000 pa
Amount Financed
$39,755 inc GST
$36,291 GST free
$3,463
Vehicle Running Cost pa
$13,409 inc GST
$12,882 ex GST
$2,631
Income Tax
$21,528
$19,764
$8,820
Total Savings $46,480*
Income After Car Costs $55,656 $57,348 That's a 3% Pay Rise

*GST and income tax savings over a 5 year lease based on $90,000 income, calculated using petrol/diesel vehicle options. Includes lease, rego, insurance, servicing &  maintenance.

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