Why a JobRad calculator is useful
Company bike leasing, known as JobRad, is becoming increasingly popular. Employees and the self-employed benefit from tax advantages and can use high-quality bikes or e-bikes at affordable rates. But how much can you actually save? A JobRad calculator helps you accurately calculate the individual costs and benefits.
Why does the tax class play a role?
Because your individual savings potential with company bike leasing depends heavily on the so-called tax progression. The higher your gross income, the more taxes you pay – and the greater the effect of salary conversion.
The tax bracket determines how much your monthly tax deduction is and how much you actually save by reducing your taxable income.
The savings are particularly noticeable in tax brackets I or IV; in tax brackets V or VI, the effect tends to be smaller. That's why our calculator takes this variable into account: so you can realistically estimate how much you'll actually end up with.
Which bicycles can be used with JobRad?
In principle, you can lease almost any bicycle or e-bike with JobRad – as long as it meets the minimum price of €749 (including VAT). Whether it's a city bike, racing bike, mountain bike, cargo bike, or e-bike with a powerful mid-engine: the selection is vast. S-Pedelecs (up to 45 km/h) are also possible in principle, but are subject to stricter requirements such as mandatory insurance, registration, and helmet wearing.
Even special models like folding bikes (ideal for commuting) or trekking bikes for longer tours can be financed through the JobRad system – whether for commuting or leisure. Tip: You can also commute longer distances to work with an electric SUV.
The only important thing is that the bike must be purchased through a JobRad-certified specialist retailer (such as MYVELO) or an affiliated online platform. You can often co-finance accessories such as locks, lights, luggage racks, or mudguards – this slightly increases the leasing rate but adds additional convenience. Feel free to contact us about leasing and job bikes, and we'll help you set them up with your employer.
How does the JobRad calculator work?
The JobRad calculator is based on the following parameters:
- Gross list price of the bicycle: The new price of the desired model.
- Lease term: Usually 36 months.
- Tax class and income: These factors influence savings.
- Employer subsidy: Some companies cover part of the leasing costs.
- Use of the bicycle: Private use may have tax implications.
Using these values, the calculator calculates the monthly leasing rates, the tax benefits and the total savings compared to a direct purchase.
Example calculation: JobRad vs. direct purchase
Assume a high-quality e-bike costs €4,000. With a leasing term of 36 months and tax class I, the calculation is as follows:
- Monthly leasing rate: approx. 100 euros
- Tax savings through salary conversion: approx. 30 euros
- Effective cost per month: 70 euros
- Total costs over 36 months: 2,520 euros
- Savings compared to direct purchase: 1,480 euros
These savings vary depending on income and employer contributions, which is why the JobRad calculator is a valuable tool.
Calculate now individually with the Jobrad calculator
