Your current car
$633.33
per monthEstimated running costs · finance excluded
A CLEARER WAY TO LEASE
Your next car.
All the numbers.
Understand what you spend now. See what an EV lease could mean for your take-home pay.
Explore first. No email needed.
THE NEXT CHAPTERIllustrative vehicle
01 / YOUR COSTS, SIDE BY SIDE
Start with what you drive.
Your current costs. An indicative lease.
The difference, clearly explained.
YOUR COMPARISON
Start with the car you drive.
Editable examples to get you started.
No email needed to explore.
Personalise running costs
Both budgets use 20,000 km a year. Energy, maintenance and tyres change with mileage; insurance, registration and base servicing stay fixed. All defaults are XOLT planning allowances, not market averages or matched vehicle data.
Current car assumptions
Future EV assumptions
Use electricity drawn from the charger, including charging losses. Choose a blended rate for your expected home and public charging.
Finance, eligibility & model limits
The exemption depends on your employer, qualifying vehicle and its history. A typed model name does not confirm eligibility. Later starts need a separate rules check; the exemption is not described here as ending for every EV.
2026–27 resident-tax illustration with a full 2% Medicare levy. Other income, offsets, existing packaging, Medicare variations and benefit effects are not modelled. HELP and scenarios outside this model need individual review. Rates are not a forecast for every year of the lease.
Income-tax source · ATO eligibility guidance · Announced EV changes
THE SAME MILEAGE. THE SAME PERIOD.
Assumes FBT exemption · lease starts before 1 April 2027
Your future EV
$927.39
per monthEstimated reduction in take-home pay. Includes finance, running costs & fees.
Change in regular costs
$294.05 moreThis compares ongoing cash flow, not total ownership savings. Current-car loan repayments are excluded unless you add them. Sale proceeds, depreciation, upfront costs and the EV’s final payment are excluded from this difference.
Final payment · at the end of 5 years$15,471.50
Residual, paid separately from after-tax funds. It is not included in the regular EV figure. Resale value is not guaranteed; confirm the residual and GST treatment in your provider’s contract.
See the numbers behind it
All amounts per month. Annual totals ÷ 12; calculated before rounding. Displayed rows may differ by a cent.
Current car
- Fuel / electricity
- $300.00
- Insurance & registration
- $233.33
- Servicing, maintenance & tyres
- $100.00
- Current loan
- Excluded
- Current regular cost
- $633.33
Future EV
- Lease finance
- $904.64
- EV running budget
- $429.17
- Administration fees
- $30.00
- Package before tax benefit
- $1,363.81
- Less estimated tax reduction
- −$436.42
- Take-home pay impact
- $927.39
EV budget uses 20 kWh/100 km at $0.35/kWh, plus editable insurance, registration, servicing, maintenance and tyres. 8% interest and $360.00 annual fees are examples, not quotes. Stamp duty, upfront registration and establishment fees need to be added separately.
Get the free leasing guide
Understand the numbers and prepare for a provider conversation.
02 / A LITTLE CLARITY
Get clear.
Then decide.
XOLT helps you understand the numbers before you take the next step.
See where you stand.
Start with your current car and the costs you know.
Explore the other side.
Compare an indicative EV lease, including running costs and the final payment.
Know what to ask next.
Understand what your employer and a lease provider need to confirm.
03 / YOUR FREE LEASE GUIDE
Know what to ask.
Before you sign.
A clear guide to the numbers, the fine print and the questions to take to your provider.
- Understand what comes out of your pay.
- Check the fees and the final payment.
- Take a practical checklist into the conversation.
Free to read. No email required.
We help you understand indicative costs and the questions to take to your employer or a lease provider.
XOLT may receive a referral commission. We explain the proposed provider and arrangement before you decide whether to share your details.