Find Out How Much You Can Save

The Easi novated lease calculator aims to help you by providing a list of vehicles offered in Australia and calculating the impact on your take-home pay if you purchase a car through a novated leasing agreement (between yourself, your employer and financier) that will save you thousands of dollars compared to other vehicle finance solutions.

You’ll need to consider the make and model of the car you wish to lease, which uses the Recommended Retail Price (RRP) of the car as a guide. Using our buying power, you can save thousands in discounts when buying a car. In addition, if you are using a novated lease, you will also save the GST on the purchase price. Our calculator uses manufacturer data to build a budget for running you novated lease, based on the distance you travel and the term of the lease.

Our calculator is free to use, no obligations. Whether you’re in PerthMelbourne, Sydney, Brisbane, Canberra or Darwin we’ll be able to provide a discounted quote using Easi bulk buying power. Get in touch today!

Frequently Asked Questions:

What is a Novated Lease?

To put it simply, a novated lease is a type of car lease in which you are allowed to make your vehicle payments out of your pre-tax earnings, saving you money. Once the novated lease is in place, your employer is considered to be leasing the car. This allows the car to be treated like a company car which provides you with significant income tax and GST savings. To maintain the novated lease, your employer deducts the regular payment from your salary, and them remits this amount to Easi to pay for all the car’s running costs.

How Long is a Novated Lease?

A novated lease typically lasts between 12 to 60 months, or one to five years, after which you can either trade the vehicle in for a new one, refinance it and keep it, or buy it out. The most popular lease term is 48 months.

What Are the Benefits of a Novated Lease?

  • Save on tax through pre- and post-tax salary deductions.
  • Forget about keeping receipts or logbooks.
  • Budget easily with your car expenses covered in one monthly payment
  • Enjoy the convenience of cashless motoring.
  • Take advantage of Easi negotiated discounts on everything from fuel to maintenance.
  • Choose the vehicle you want to drive.
  • At the end of the lease, take advantage of any surplus between the market value and the residual value of your vehicle (plus GST – conditions apply).

How Can a Novated Lease Save Me Money?

In a novated lease, repayments are made from pre-tax salary dollars resulting in a significant tax saving over the life of the lease. GST does not apply on the purchase price or ongoing costs and discounted fleet pricing applies on all associated costs, saving you thousands. An Easi novated lease allows you to purchase any vehicle at GST free prices and Easi’s extensive buying power enables us to source vehicles at heavily discounted fleet prices.

How Do I Set Up a Novated Lease?

We have a team of experts on hand to make setting up your novated lease easy. Start by choosing the car you want and making sure your employer is on board (we can help with this). Then decide on a term that suits you – anywhere from 12 to 60 months is a typical arrangement. We will set up a three-way novated lease arrangement between Easi, you and your employer. Then you can simply enjoy the benefits while your employer takes care of the payments through salary deductions.