Owning and running a car will be in almost every instance, cheaper to do so through a novated lease. The table below shows a few variations of how savings are made possible. Call Enlist to speak to one of our expert consultants and find out what cash benefits are possible for you.  

Assumptions
Total On Road Vehicle Price	$35,000
FBT Cost Base (i.e. excludes on-road costs)	$33,500
Finance Period	48 months
Annual Kilometres	15,000
Annual Running Cost Expenses	$5,150 ex GST ($5,600 inc GST)

 

	Novated Lease	Cash Purchase	Personal Loan
Gross Salary	$80,000.00	$80,000.00	$80,000.00
Less Pre Tax Deduction	$6,295.09	$0.00	$0.00
Reduced Taxable Salary	$73,704.91	$80,000.00	$80,000.00
Less Income Tax & Medicare Levy	$16,975.06	$19,146.87	$19,146.87
Less Post Tax Contribution (PTC)	$6,700.00	$0.00	$0.00
Less Private Vehicle Expenses	$0.00	$5,600.00	$12,860.00
Remaining Cash in Hand	$50,029.85	$55,253.13	$47,993.13
Cash in Hand Over a 4 Year Lease Period	$200,119.40	$221,012.52	$191,972.52
Less Original Cash Purchase Outlay	$0.00	$35,000.00	$0.00
Less Residual/Balloon	$12,302.50	$0.00	$12,302.50
Remaining Cash in Hand Over Lease Period	$187,816.90	$186,012.52	$179,670.02