The four parts of the cost
- The finance. The car, funded at a rate we show plainly as an effective rate.
- Running costs. Fuel or charging, insurance, servicing, tyres, rego and management, bundled in.
- The fees. One flat $1,500 fee and a financier fee around $330. Nothing hidden.
- The residual. A set final amount at the end, printed from day one.
What you actually pay each week
Your weekly figure is the finance and running costs together, then reduced by the income tax and GST you save. That is why the net cost is lower than the raw lease amount. On an eligible EV, with no FBT to pay, the net cost drops further again.
Every fee, in the open
This is the part the industry hides. Most providers bury their margin in the interest rate, so the true cost of the finance is invisible. We charge one flat $1,500 fee, show the effective rate, and price add-ons at cost plus a flat 10 percent. See exactly what your lease costs, line by line, in the calculator.
Common questions
What makes up the cost of a novated lease?
Four things: the finance on the car, the bundled running costs, the fees, and the residual at the end. Your weekly figure is the first three combined, then reduced by the tax you save.
What fees does a novated lease have?
Ours are simple: one flat $1,500 fee, and a financier fee around $330. That is it. Add-ons like tint or paint protection are priced at cost plus a flat 10 percent. We do not hide a margin in the interest rate.
What is the weekly cost?
It is the finance and running costs combined, then lowered by the tax you save. The exact number depends on the car, your salary and your running costs. The calculator shows your real weekly figure, and every fee behind it.
Are there any hidden costs?
Not with us. Every fee, the effective rate and the residual are on your quote before you sign, and they do not change for the life of the lease. The only thing that can move a figure is the actual price of the car, and if that happens we rebuild the quote openly.