This calculator provides general information only, does not constitute financial or personal advice or a binding offer or quotation, and should not be relied upon by users. Estimates are indicative and calculated on the vehicle total on-road costs including registration and stamp duty; excluding dealer charges and discounts which will be negotiated when ordering via the carbar Car Buying Service. Estimated repayments include an annual estimate for fuel, maintenance, tyres and registration.
carbar calculations are designed to be a guide only to the tax savings you may achieve from a Novated Lease. Eligible Electric and low emission vehicles that are exempt from FBT will still have a Reportable Fringe Benefit Tax amount that can have implications on payments such as HECS/HELP payments, child support payments, as well as possible implications for some family tax benefits. If this impacts you, you may wish to speak to your payroll department to understand the impact on your pay and/or seek independent financial advice.
Calculations for second hand eligible electric and low emission vehicles assume that the first time the vehicle was both held and used was after 1 July 2022 and that luxury car tax has never been payable on the importation or sale of the vehicle. If the vehicle does not meet these criteria, the vehicle is not eligible for the FBT exemption and the calculations will differ from those shown.
carbar accepts no responsibility for reliance on the calculations provided. Before acting on any information or entering into a novated leasing arrangement, you should consider your objectives, financial situation and needs, and, take the appropriate legal, financial or other professional advice based upon your own particular circumstances.
Please contact a carbar team member for an accurate and tailored quote by calling 1300 620 685