Novated Leasing for Electric Vehicles
A novated lease for an EV works just the same as a lease on a petrol or diesel-powered vehicle, with the possibility of even more tax savings.
Introduced by the Federal Government, the Electric Car Discount provides an FBT exemption for Electric Vehicles (EVs) financed under a novated lease and priced below the luxury car tax threshold ($91,387 in FY 2025-26).
The discount is available on eligible new or used fully-electric vehicles (provided they are first registered after 1 July 2022) and could help you unlock thousands in extra savings.