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Lease vs Buy Calculator

Compare a car loan against a novated lease — including the tax saving

Results are estimates for guidance only. This tool does not provide financial advice.

Vehicle Details

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$
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Novated Lease

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%

Lease payments come out of pre-tax salary, so your effective cost is lower. Enter 0 residual to model handing the car back.

$

Fuel, rego, insurance, servicing. Added to both options so it stays a fair comparison.

Enter the vehicle price above

to compare buying vs leasing