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Get an accurate estimate of your novated lease costs and benefits based on your income and vehicle preferences.
| Lease Term | Residual Value |
|---|---|
| 1 year | 65.63% |
| 2 years | 56.25% |
| 3 years | 46.88% |
| 4 years | 37.5% |
| 5 years | 28.13% |
These are the minimum residual values required by the Australian Taxation Office (ATO) for novated leases.
This calculator provides estimates based on current tax rates and typical financing conditions. Actual lease terms and conditions may vary based on your employer's policies, your chosen fleet provider, and your individual circumstances.
The calculator takes into account:
For a personalized quote or to proceed with a novated lease application, please contact your preferred fleet provider or speak with your employer's salary packaging team.