Save up to 42% off the cost of an Electric Vehicle
Electric Vehicle novated leasing is a flexible and cost-effective way to get behind the wheel of an Electric Vehicle. It combines the convenience of novated leasing with the environmental advantages and financial savings of driving an EV.
Why choose an Electric Vehicle novated lease?
- Get into the EV market for much less - By deducting repayments, maintenance costs, insurance, charging expenses, and registration fees from your pre-tax income, you can get into the EV market for a significantly lower cost.
- High resale price - Embrace the future of low-emission vehicles and reap the benefits. As the demand for EVs continues to rise, their resale value remain strong.
- Environmental responsibility - Whether you’re an employee or employer, Electric Vehicle novated leasing shows your commitment to environmental sustainability by playing your part to reduce emissions.
Buying an EV on a novated lease is a no-brainer
Tax saving at its finest. Electric Vehicle novated leasing provides 100% tax savings as well as GST relief, making this the smartest choice for all new car buyers.
We compare buying a Tesla Model 3 on a novated lease against a car loan and outright cash purchase.
Novated Lease | Car Loan | Cash | |
Net Cost Per Week | $210.00 | $322.91 | $258.56 |
Running Cost Included | $82.58 | ||
Initial Net Cost Over the Term | $54,600.00 | $83,956.60 | $67,225.60 |
| Running Costs | $21,470.46 | $21,470.46 | |
| Residual Value Inc GST | $18,980.43 | ||
Total cost over 5 years | $73,580.43 | $105,427.06 | $88,696.06 |