A novated lease calculator is a very useful tool which you can find on the net to calculate the payment and fees of your operating or financial lease. By means of a novated lease calculator, you will be able to know about the financial benefits of salary packaging. How does it work? First, you should write the type of vehicle you want to lease, its size and its approximate cost. Then, you will have to decide the amount of kilometers you will drive with the car and put how much your income is.
A novated lease calculator calculates the monthly installments, the tax fees and the residual payment - all depending on your income and on the lease term. You should use a novated lease calculator to assure yourself and make a good deal.