A Novated Lease may provide tax and cost benefits on your next Polestar, depending on your circumstances.
With the Fringe Benefits Tax (FBT) exemption on non-luxury electric vehicles under $89,332, eligible electric vehicles may provide additional tax benefits through a Novated Lease
View the range of Polestars below then get in touch to discover what benefits may be available through a Novated Lease.
Browse all our available Polestar models including the Polestar 2, Polestar 3 or Polestar 4 EVs.
EV FBT Exempt
EV FBT Exempt
EV FBT Exempt
EV FBT Exempt
Costs and tax savings shown are estimates based on salary packaging a vehicle under a novated lease over five years, driving 15,000km per year, an annual income of $90,000, and a vehicle located in ACT. Weekly costs shown represent the estimated net impact on after-tax salary. Tax savings represent estimated income tax savings over the lease term. These estimates are based on current tax rates and assumptions and will vary depending on individual circumstances, vehicle selection, usage, and market conditions. Final figures will be confirmed in your personalised quote. If your income, employment circumstances, or usage changes during the lease term, these estimates will also change. Costs shown for vehicle-specific offers are based on the entry-level variant of the advertised model unless otherwise stated. Images are for illustrative purposes only.
Before making a decision, you should consult your independent legal, taxation and financial advisor for advice relating to your personal circumstances. Finance is available to approved applicants only. Terms, conditions, eligibility criteria and fees and charges apply.
We know you want to spend more time doing the things that make you happy, not budgeting and trying to figure out the things you don’t understand. This is where novated leasing comes in.
At Paywise we provide a convenient way to pay for your vehicle and eligible running costs on your own terms with a Novated Lease, with no minimum salary or deposit required.
If you’re thinking about upgrading your current vehicle or making the switch to electric, eligible employees may benefit from the FBT exemption on electric cars and secure a novated lease on a Polestar EV. A Polestar Novated Lease not only covers the finance on your car but can bundle lease payments and running costs into one regular payment.
Reach out to one of our Novated Lease experts to get started.
Salary Packaging may reduce your taxable income, depending on your circumstances.
Don’t waste time shopping around online or at your local Polestar dealerships, when you can leave it up to us to find the best Polestar model and vehicle that suits you.
Save on insurance, servicing, tyres and registration – they’re all budgeted for and included in your fortnightly or monthly payments!
When you Salary Sacrifice your Polestar, eligible employees may benefit from GST savings on the vehicle purchase price and running costs.
We provide you with different options throughout your lease term. Whether you want to purchase, sell, or refinance at the end of the lease, the choice is yours!
With Paywise, you can choose any Polestar model for your Novated Lease. This gives you the flexibility to choose from Polestar’s sleek range of electric vehicles including the Polestar 2, Polestar 3, Polestar 4 or any future models. Paywise can tailor your Novated Lease to your desired vehicle.
Australian employees in a full-time or permanent part-time position can apply for a Polestar novated lease. Explore Novated Leasing options with Paywise to determine if it’s the right fit for you.
Absolutely. Add approved optional extras and accessories to your Polestar EV under a Novated Lease with Paywise. We will integrate the additional cost into your lease payments, enabling a seamless customisation experience.
Once your Polestar Novated Lease term with Polestar has ended, you have multiple options: refinance the residual value to continue leasing, return the vehicle, or purchase the vehicle outright. Regardless of what you’re thinking or if you’re not sure which option is best, It’s recommended to discuss with Polestar as your lease approaches its end to determine the most appropriate choice for your circumstances.
This will be dependent on a number of factors including your chosen Polestar EV model, duration of your lease, residual value at the lease’s termination and any added extras or accessories. For a more accurate quote, get in touch with one of our Novated Lease specialists today.
