How does the novated lease calculator work?
You can use our novated lease calculator to estimate your lease payments and potential tax savings, then personalise your quote to compare options.
How to get an estimate with Smart's novated lease calculator?
Getting an estimate with our novated lease calculator is easy. Start by selecting a vehicle and providing your name, phone number and email address. We'll then show indicative lease costs and estimated tax savings based on your selection.
For a personalised price, we'll ask for additional information, such as your employer and salary.
What impacts your estimate?
The novated lease calculator uses information such as your employer and salary to estimate your lease costs and potential tax savings.
- Employer: Your employer's tax classification and salary packaging arrangements can affect pricing and available benefits. This may vary between private sector, government and not-for-profit employers.
- Salary: Your income helps determine your estimated tax savings and overall lease costs.
The more accurate your details, the more tailored your estimate will be. Results are indicative only.
Find the right car for your novated lease
Browse popular vehicle categories and compare options based on your lifestyle, budget and driving needs.
SUVs
Electric vehicle
Family cars
Utes
Budget friendly
Why are EVs popular for novated leasing?
Electric vehicles may offer tax savings, lower running costs and benefits available under the Government's EV Discount Policy, which removes Fringe Benefits Tax (FBT) on eligible EVs.
Other reasons drivers choose EVs include:
- Lower vehicle emissions
- Convenience of charging at home
- Wide range of electric vehicles to choose from
Use the novated lease calculator to estimate the costs and potential tax savings when leasing an EV.
Where are you in your car journey?
I know what I'm looking for
Search for a car and see your estimated lease costs.
I want to compare cars
Compare eligible vehicles side by side to find the right fit for your needs and budget.
I'd like some suggestions
Tell us a little about yourself and we’ll suggest vehicles that could be a good fit.
Novated lease calculator FAQs
Important information
This is general information only. Before entering into any salary packaging or novated leasing arrangement, you should consider your objectives, financial situation and needs, and seek appropriate legal, financial or other professional advice based upon your own particular circumstances. The availability of benefits is determined by your employer. Conditions and fees apply. Smartsalary Pty Ltd, ABN 24 096 796 100, a Smart™ company.
The calculator does not constitute financial or personal advice or a binding offer or quotation and should not be relied upon by users. Smart accepts no responsibility for reliance on the calculations provided. Images shown are for illustrative purposes only and may not depict the exact car that the calculations have been based on.
*Traditional Car Loan figures are based on a comparison rate of 7.71%.
^ Fringe Benefits Tax (FBT) exemption available for eligible electric or hydrogen cell vehicles purchased through a novated lease up to the Luxury Car Tax limit ($91,661 in FY 2026-27). See the Australian Taxation Office website for full eligibility criteria.