Electric car novated leasing: affordable, tax-free EV ownership
Electric vehicle novated leasing starts with the employer and our service is free to all employers
At Vehicle Solutions, we love and support the world transitioning to EVs. This started with our employees and the installation of free chargers at our office. This small incentive quickly saw the uptake of three new EVs, with more to follow.
However, the Federal Government incentive that now makes all EVs under $91,387 tax-free on a Novated Lease has transformed the EV market in Australia. Watch the video below that demonstrates the power of this tax incentive. This video shows how a Tesla is now more affordable than a Hybrid Corolla.
The case for going electric
Electric vehicles (EVs) are an excellent choice for reducing carbon emissions and promoting sustainable transportation. Transitioning to electric vehicles is crucial in combating climate change and improving air quality.
By actively embracing and promoting the electric vehicle ownership journey, you play a vital role in driving the transition to sustainable transportation and creating a greener future.
The electric vehicle ownership journey
Living the electric vehicle ownership journey involves several key aspects:
- 1
Vehicle selection
Choosing the right electric vehicle that suits your needs is essential. Consider range, charging infrastructure, cost, and available incentives. Research different models and compare their specifications and features.
- 2
Charging infrastructure
Access to convenient and reliable charging infrastructure is vital for EV owners. Check for public charging stations in your area and ensure that you have access to charging points at your home or workplace. Installing a home charging station can provide added convenience and faster charging.
- 3
Charging etiquette
Be mindful of charging etiquette, especially when using public charging stations. Try to be considerate by not leaving your vehicle parked at a charging station after it's fully charged so that others can use the available spot.
- 4
Range and trip planning
Electric vehicles have a range limitation, so you must plan your trips accordingly. Take advantage of range calculators and navigation systems that help identify charging stations along your route. This way, you can prepare for charging stops to ensure a smooth journey.
- 5
Maintenance and service
Electric vehicles have fewer moving parts than traditional internal combustion engines, which generally results in lower maintenance costs. However, regular maintenance, such as tyre rotations, brake inspections, and software updates, is still necessary. Familiarise yourself with the specific maintenance requirements of your EV model.
- 6
Community engagement
Engaging with the electric vehicle community can provide valuable insights, tips, and support. Join local EV owner groups, attend events, and participate in online forums to share experiences, learn from us and our partners, and stay updated with the latest EV advancements.
- 7
Advocacy and education
As an EV owner, you can contribute to the broader adoption of electric vehicles by advocating for clean transportation policies and educating others about the benefits of EVs. Encourage friends, family, and colleagues to consider electric vehicles and share your positive experiences.
Novated leasing is entirely free for employers to establish and maintain
Vehicle Solutions will manage the entire rollout and vehicle management. If you want to set up this reward program at your workplace talk to a leasing expert now.
A Tesla 3 is now more affordable than a Corolla
Watch the video below to see how a Tesla is now more affordable than a Corolla. Then, try our calculator to see how affordable your dream EV can be.
Cost to your take-home pay
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Includes finance, fuel/charge, tyres, servicing, insurance and registration renewals.
Your tax saving over the term
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A detailed quote will allow you to get all your questions answered and make a more informed decision.
EV blogs and research-backed fact-checking
The following concerns research data and fact-backed information on electric vehicle manufacturing, choice, ownership and current incentives. The information provided is/was up to date at the time of the article. All research-based articles show the original source data and information, including the authors, research source and the names of all contributors where possible. We have not verified any original data or research we simply take the research at face value, given the trust and educational status the research institutions hold internationally.
Government & corporate services
We provided leases to private employees, government employees, and over 485 employers across Australia. See how we can help you save with a novated lease.
EV tax benefits
For any EV under $91,387 plus on road costs an employee can salary package 100% of the finance and runnings costs before tax.
About Vehicle Solutions Australia
Frustrated by the lack of clear information on novated leases, we developed an online system for car dealerships to quote competitive novated leases at the point of vehicle sale.
Frequently asked questions
Straightforward answers about tax rules, employer setup, and how EV novated leasing can reduce your cost to drive.
Your dream car is a few clicks away
In a few simple clicks our calculator can estimate the cost of any vehicle on your salary. It's free, requires no personal details and you can do as many quotes as you need.