Novated lease calculator

*Displayed price only available through a Flare Cars Novated Lease. Weekly costs are estimates only based on the following assumptions: 1) Gross Annual Salary of 85,000, 2) 60-month lease term, 3)a residual value of 28.13% of the vehicle purchase price payable at the end of term, 4) Weekly salary payments, 5) lease quotes include like for like running costs for Fuel, Maintenance, Tyres, Registration & CTP and an estimated cost for comprehensive insurance at 2.5% of the vehicle, 6) Vehicle purchased in NSW, 7) 15,000km per annum, 7 ) prices quoted are based on real Flare Car customer orders placed through Macquarie Vehicle Select in the previous 90 days. 8 ) Salary Sacrifice using Employee Contribution Method (ECM). 9) The novated lease offer is based on the assumption outlined above. It is an indicative cost approximation of the selected vehicle and model shown, and the amounts may change at the time the novated lease quotation is completed and finalised. Vehicle discounts & availability is subject to manufacturer production delivery timelines and current stock levels. 10 ) Total Flare Discount Figure is a combination of vehicle discount and GST savings on the purchase price.^The savings shown are indicative and reflect a total of income tax savings, GST savings on vehicle running costs and GST savings on the purchase price of the vehicle over the full lease term. We assume your employer is able to claim 100% GST Input Tax Credits, due to their Input Tax status. The total amount saved compares a novated lease based on the assumption outlined above and the purchase of a vehicle and payment of running and maintenance costs using post-tax earnings. Actual savings will depend on your personal circumstances.The maximum age of the vehicle is 15 years old from the build date at the end of the lease. A motor vehicle qualifies (except a motorcycle or similar vehicle) is designed to carry a load less than one tonne (<1,000Kgs) and fewer than nine passengers for FBT purposes. Promotional period is valid until 30/04/2024.