Novated Lease Calculator
A good Novated Lease calculator will provide this information up front. Vehicle Solutions Novated Lease calculator tells you in less than 30 seconds the exact cost to your take home pay for any vehicle value you enter.
Novated Lease Calculator | Novated Leasing Calculator | Vehicle Solutions. But what does all this mean? When looking at any Novated Lease calculator it is important to understand what is included and importantly what is not included. On a Novated Lease calculator the provider can change the way fuel, tyres and scheduled services are calculated which will reduce the amount allocated to the running costs to make their quotes look cheaper, but in the end you could be paying a lot more.
It is very important to understand what is in each of the running cost budgets and how they are calculated. At the end of this explanation you will be able to do a quick check of your current budgets and see what’s right and what’s missing! The Novated Lease Calculations Fuel Each car manufacture (Eg. (Litres/100kms) X (Your annual kms travelled/100) X (Average fuel cost per litre) = Fuel budget. (7.5) X (15,000/100) X $2.25 = $2,531.25 Annual Fuel Budget.
Tyres (Average cost of a tyre X 4) = Cost of a set of tyres. Your annual kms travelled X the lease term in years = Total KMs.