Novated Compare, including its AI adviser, provides general information only. Nothing on this site constitutes personal financial advice, taxation advice, or legal advice. We do not consider your personal financial situation, objectives, or needs. Before entering into a novated lease or salary sacrifice arrangement, you should seek advice from a licensed financial adviser, accountant, or tax professional.
Novated Compare is a transparent comparison and analysis tool. Every provider’s effective rate is calculated using the same published methodology, so you can see how each number was reached and compare like with like. No provider pays to be listed, ranked or rated — there are no sponsored or paid placements, and no one can pay to change their number.
Effective interest rates are calculated using a standardised reducing-balance methodology, validated against real quotes from multiple Australian providers. Figures are extracted from your uploaded document using AI, which can occasionally misread or misinterpret a document. Always verify figures against your actual quote and lender disclosure documents before making a decision. Calculated rates may differ from a provider’s own stated rate due to different calculation conventions — where we know the reason for such a difference, we explain it in your results.
The AI adviser answers based on general knowledge and the benchmark data we have validated. It is designed to say “I don’t have enough data” rather than guess, but no AI system is infallible. Do not rely solely on the adviser’s responses for decisions with significant financial consequences.
Employer panel information is sourced from a mix of confirmed documentation and unverified user submissions, clearly labelled as such. Always confirm directly with your employer’s HR or payroll team before assuming a provider is approved for your workplace.
To the maximum extent permitted by law, Novated Compare accepts no liability for any loss arising from reliance on information provided through this site or its AI adviser.