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Know what you're actually signing.

Independent maths on Australian car finance. Put in a car, a loan or a lease and see the tax, the fees and the total cost before you sign.

Start from where you are

Free. No sign-up. Your numbers stay in your browser.

Same car, four ways to pay

Example

between the cheapest and the dearest way to pay for a $45,000 car over 5 years

Dealer finance rate 6.99% · Below average
3.4 points under the RBA's 10.4% average for new fixed-rate personal loans.
Balloon at year 5 · Well covered
$10,796 owing against an estimated $23,549, so 46% of the car's value.

A petrol car in Victoria, for an employee on $100,000. Dealer finance at 6.99% with a 25% balloon, personal loan at 8.99%, novated lease at 6.5%, and cash losing 5% a year it could have earned. Totals include repayments, running costs and that lost interest, with the car's value at the end taken off. Finance leases are for businesses, so they're left out. Change any number and the order can change.

Example only. General information, not financial advice.

Run your own numbers

Balloon due: four ways out

Example

in equity

Balloon at year 5 · Well covered
$10,796 owing against an estimated $23,549, so 46% of the car's value.
Pay out and keep it
$12,753 equity
Refinance over 3 years at 10.4%
$1,818 interest
Trade in
$9,927 left over
Sell privately
$12,253 after $500 costs

The dealer finance car from the first example, five years on. Refinancing at the RBA's 10.4% average over 3 years; trade-in and selling costs are estimates. Change any number and the order can change.

Example only. General information, not financial advice.

Run your own numbers

What's in a drive-away price

Example

in government charges, 5.3% of the drive-away price

Stamp duty
$2,587
Rego incl. CTP
$875

Stamp duty on the same car in other states: cheapest Northern Territory $348, dearest Western Australia $3,902, a $3,554 spread.

A new battery EV, $65,000 drive-away in Victoria. Rego incl. CTP is SRO Victoria's standard 12-month figure; each state's duty is worked out on the same price.

Example only. General information, not financial advice.

Run your own numbers

Two instruments, on every result

The same idea as the l in our name. Learn them once and every page reads at a glance.

Level: how much

The amber is the amount and the gap marks the level. It shows shares and totals, like how much of what you pay is interest.

Meter: how it rates

Five segments: the more lit, the more to watch. Only two things get one: whether the car will cover what you owe, and how your rate compares with the RBA's average. Tap any meter to see its rule.

Tools

Read before you sign

Novated leasing

How Novated Leases Work in Australia

Salary sacrifice, FBT, residuals, and who actually benefits. The complete explainer — read this first.

15 min

Finance structures

Balloon Payments: What They Cost You

Lower monthly repayment, larger lump sum at the end. The maths of when that trade-off makes sense — and when it doesn't.

10 min

Costs and ownership

The True Cost of Owning a Car in Australia

Eight cost categories that add up to far more than the purchase price — and what dealers choose not to mention.

12 min
More guides Opportunity Cost of Paying Cash for a Car Dealer Finance vs Personal Loan Electric Vehicles and the FBT Exemption EU–Australia Trade Deal: What the LCT Changes Mean for Car Buyers All guides →

Same inputs, same outputs

No provider can pay to look better in our comparisons. If we ever earn a referral fee, we'll say so, and it won't change the maths.

Free, with no sign-up

Every calculator is free and needs no registration. The numbers you enter stay in your browser.

Every rate sourced

Tax, FBT, stamp duty and LCT rates come from the ATO and state revenue offices, and are checked at least once a year. How Veercal works and makes money