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novated leasing tesla

Thinking about novated leasing a Tesla? In Australia, eligible battery EVs under the luxury car tax threshold enjoy an FBT exemption, which means your pre-tax salary can cover lease payments and many running costs, trimming your take‑home hit rather nicely.

Model 3 and many Model Y variants usually qualify, but top‑spec trims can nudge over the threshold, so check the drive‑away price and build date.

You’ll still have on-road costs (rego, insurance, tyres), but packaging them pre‑tax can sweeten the maths, and your employer may claim GST credits that further reduce the effective cost.

Compare providers for fees, residuals, and flexibility—some are about as transparent as a tinted fishbowl—and run a proper calculator for your tax bracket.

If you’re shopping used, ensure the vehicle’s first use date still satisfies the EV discount rules, and get a battery health report so the numbers don’t go flat later.

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