Leasing a car is a great way to get behind the wheel of your next vehicle without committing to buying it. The auto lease calculator will help you estimate your monthly payments and the residual (balloon) payment due at the end of your lease term.
Our innovative leasing calculator is quick and easy to use. It calculates your loan repayments based on your loan amount, loan term and repayment frequency. For more information about the Vehicle-Solutions car lease calculator Adelaide, click here.
Repayments
The car lease calculator calculates your monthly, fortnightly or weekly repayments for a finance lease (or balloon payment) on the vehicle of your choice. You can enter the purchase price, residual value, and leasing term to get a quote on your monthly or fortnightly payments and the total interest payable.
A novated lease is an agreement between you, your employer and the financier to pay for your vehicle using pre-tax salary deductions. This arrangement can save you thousands in taxes and increase your take-home pay. To determine how much you could save, use this calculator to help determine whether a novated lease is the right option.
You can also enter a deposit or balloon payment and choose your desired repayment frequency to see the impact on your monthly or fortnightly repayments. This tool is easy to use and a great way to determine your borrowing power before finalising a loan.
Tax
A novated lease is a tax-effective way of funding your car, as it is deducted from your pre-tax salary. You enjoy great fleet discounts, GST savings and reduced taxable income while having your vehicle expenses paid for with just one monthly payment. For more information about the Vehicle-Solutions car lease calculator Adelaide, click here.
Our novated lease calculator quotes your drive-away price, including budgeted running costs based on PAYG income tax rates and your circumstances. The quote excludes any FBT exemptions or reductions you may be eligible for, as these will impact your take-home income differently. If you would like a full quote considering these, don’t hesitate to get in touch with us. We will be happy to help.
A car lease calculator is a valuable tool for estimating your loan repayments. It allows you to input information about a future or current car lease and calculate your repayments with the amount you wish to borrow, the loan term, the interest rate, and the repayment frequency. You can even include any deposit or residual (balloon) payment you wish to pay at the end of your lease.
The car lease calculator Adelaide will also allow you to factor in other costs, such as stamp duty relevant to your state of registration, the novated leasing company’s service fee, the first year’s comprehensive car insurance, which can be financed by the Salary Packaging provider using funds from your Novated Lease account and depreciation/capital allowances (the estimated value of the vehicle at the end of the lease).
Leasing your next vehicle rather than purchasing it can be an intelligent financial decision, mainly if you have only used the car for three years or less. However, if you plan to drive the car for more than this, buying it may make more sense. A novated lease calculator can help you determine which option best fits your lifestyle and budget.
A novated lease is an agreement between you, your employer and a financier giving you tax benefits similar to a salary sacrifice. This arrangement can result in thousands of dollars in potential tax savings. However, knowing exactly how much the vehicle pricing and novated leasing fees will impact your annual income and take-home pay can be difficult. That’s why it’s essential to use a novated lease calculator to see the actual effect of this arrangement. For more information about the Vehicle-Solutions car lease calculator Adelaide, click here.