Repayment & savings calculator

Use our Novated Lease calculator to see the potential payments, and the savings you could get from salary packaging your vehicle compared to taking a standard loan product.

How much could you save?*

Small Vehicle
Pre-tax Novated lease monthly repayments:
Potential monthly benefit:
Potential annual benefit:

The approximate salary deduction amount to the right includes the running costs of your vehicle. These payments are taken from your pre-tax pay, which means tax advantages in your take-home pay.

The potential benefits are calculated using the Employee Contribution (ECM) method, which allows you to pay some or all of your vehicle costs from your after-tax dollars, which can also reduce the Fringe Benefit Tax that is due on a vehicle which is packaged as a ‘salary benefit’.

Using ECM in conjunction with a Novated Lease could save you a lot, however you could end up saving even more depending on if you utilise Volkswagen Financial Services fleet management services, which mean great rates and discounts for services.

*based on Employee Contribution Method (ECM)

Salary packaging your vehicle with a Fully Maintained Novated Lease can offer you a lot of advantages and peace of mind, as well as saving you money!

Enquire about the novated lease plan

This is how a Novated Lease payment is calculated, compared to a Consumer Loan payment:

Personal car loan Vs Novated lease

Personal car loan
Personal car
loan payment
Take home
Novated lease
Novated lease
Take home
Your taxable
Your taxable
Salary / month

The amounts represented on this page are indicative only and do not include any provision for fees and charges. They are not a formal or binding quote or an offer of finance. Information provided by the Novated Lease repayment and savings calculator is based on the accuracy of information provided and does not take into account your personal needs and financial circumstances. Conditions, fees and charges apply. Finance is available to approved applicants of Volkswagen Financial Services Australia Pty Limited ABN 20 097 071 460, Australian Credit Licence Number 389344.