Calculate your savings
Just choose your vehicle type; input your estimated vehicle cost, annual kilometres, salary and lease term, and see how little it will cost to drive a new car with an ORIX Novated Lease!

- Small
- Mid-sized
- Large
- SUV
- Luxury
You can save
per year on your car's finance and running costs with an ORIX Novated Lease
Weekly salary impact
- Fleet Discount
- Fuel / Energy
- Registration and CTP
- Reporting
- Repairs and Maintenance
- 24/7 Online Access
- Comprehensive Insurance
- ORIX Novated Companion App
- Tyres
Without an ORIX Novated Lease | With an ORIX Novated Lease | |
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Gross Salary | ||
Salary Sacrifice (Pre Tax) | ||
Revised Gross Salary | ||
Tax on Revised Gross Salary | ||
Employee Contribution (Post Tax) | ||
Annual Net Salary | ||
Annual Saving |
ORIX Novated Lease Calculator Assumptions
This Novated Lease Calculator uses a number of assumptions to provide you with an estimate of the Novated Lease cost and the potential savings from entering into such a lease. In most cases a formal quote will be less expensive than the indicative quote because of ORIX's buying power and refinement of estimated maintenance costs. The assumptions used by this Novated Lease Calculator are set in the Terms & Conditions.
To enter into an ORIX Novated Lease, your employer must also have a relationship with ORIX. Please contact us or your HR department if unsure.
Electric Vehicles are now more affordable than ever
The Government has passed the Treasury Laws Amendment (Electric Car Discount) Bill 20221 to exempt (non-luxury) electric cars (including battery electric cars, hydrogen fuel cell electric cars and plug-in hybrid electric cars) from Fringe Benefits Tax.
The exemption applies to battery electric cars, hydrogen fuel cell electric cars and plug-in hybrid electric cars acquired via a Novated Lease, priced below the luxury car tax threshold ($84,916 for the 2022-23 income year) that are purchased on or after 1 July 2022.
Make a move to electric now
Your guide to the Fringe Benefits Tax (FBT) Exemption for Electric Vehicles (EVs) in Australia
Download guide
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Benefits of an ORIX Novated Lease
FAQs
A Novated Lease is a low-cost approach to financing a vehicle, with lease payments and budgeted running costs collected directly from your salary. With an ORIX Novated Lease, you can access discounted vehicle prices and running costs using our nationwide dealer network. Your regular payment includes an amount budgeted for your running costs – flattening the peaks and troughs of your vehicle expenses. Any money that is not used is returned to you at the end of lease.
There may be tax benefits in having a Novated Lease. You should check with your accountant or financial adviser to discuss the best option for your personal circumstances.
We use our purchasing power through our national preferred dealer network to secure you a great deal. You can also choose to use your own dealer.
- Check with your employee resources to see whether you are eligible to obtain an ORIX Novated Lease
- Use our online calculator to calculate and compare your indicative repayments and potential savings
- Test-drive some vehicles to help decide on the vehicle that suits you
- Getting a Novated Lease quote is quick and easy with ORIX. Visit our guide to learn how to apply for a Novated Lease.
- Our team of experts can negotiate on your behalf and source you a great price
- We will walk you through the process including the online credit application, lease agreement, and ongoing management of your vehicle.
Find out how we can help
Speak to one of our Novated Specialists about how we can help you maximise your salary and arrange a vehicle to suit your lifestyle.
