A novated lease calculator is a great way to get an indication of the tax savings and lease cost. It can help you decide what vehicle value to budget for based on your income, travel and lease term. Of course a calculator isn’t anything concrete – they are designed to give you as accurate an estimate as possible. Try and find a salary packaging calculator that allows you adjust the inputs and enable you to compare to alternative methods of funding.
Things that are important include:
Vehicle type – Being able to select the vehicle type will provide a more accurate budget …