What's in your $609/wk
Everything below is included. We tally it monthly and reconcile annually so the weekly number stays honest.
| Finance repayment | $532.24 |
| Fuel (Plus Visa Card) | $83.08 |
| Comprehensive insurance | $28.85 |
| Rego & CTP | $20.19 |
| Servicing (Caterham) | $9.62 |
| Tyres | $7.69 |
| Management fee | $6.92 |
| - Less income tax saved | - $79.59 |
| Net cost per week | $609.00 |
Your out-of-pocket savings
Compared to financing the same car on a 5-year car loan + paying running costs from your post-tax salary.
Car loan + cash
$736/wkNovated lease:
$609/wkYou're better off by $127 / week.
That's $6,604 a year. Over 5 years: $33,020.
Still saves you tax.
Finance and running costs come out of your pay before tax. FBT is covered by an after-tax contribution that’s already inside your $609/wk.
$83/wk · all fuel in
Fill up anywhere and pay with the Visa card. It’s bundled into the one pre-tax payment.
6.2 L/100km
Combined cycle. Around 580 km from each 36 L tank.
RWD · 5 Sp Manual
177 kW / 206 Nm
6.2 L/100km
2 seats · 2 doors
Petrol
195/45 VR15
1 yr / 10,000 km
Full specifications
| Drive away price | $114,000 |
|---|---|
| Body type | Convertible |
| Fuel | Petrol |
| Engine | 2.0 L · 4 cylinders · 1,999 cc |
| Power | 177 kW |
| Torque | 206 Nm |
| Transmission | 5 Sp Manual |
| Drive | RWD |
| Fuel consumption | 6.2 L/100km |
| CO2 emissions | 179 g/km |
| Fuel tank | 36 L |
| Seats | 2 |
| Doors | 2 |
| Kerb weight | 700 kg |
| Wheelbase | 2,305 mm |
| Front tyres | 195/45 VR15 |
| Warranty | 1 yr / 10,000 km |
How do you want to move forward?
We’ve drafted the email for you. With this car in it.
Most employers say yes within 48 hours. We’ve made it un-awkward – copy the email, send it, we handle the rest.
Subject: Quick HR thing - novated lease
Hi Sarah,
I've been looking into a novated lease for the Caterham Seven. It works out at $609/wk all-in and there's no cost or admin overhead for the business - Positive SP handle everything. I've attached a one-pager…
Or one of these in the same space
Any make, any model. Yes, including the second-hand one your mate's selling.
