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Tesla Novated Lease

Discover great deals on Tesla cars with a Novated Lease from Paywise

Explore the potential benefits of a Tesla Novated Lease with Paywise.

If you’re wanting to Salary Package a Tesla – good news. The Australian Government has introduced FBT concessions for eligible electric vehicles and certain existing plug-in hybrid vehicle leases. This means, you can now drive away in a brand-new Tesla, with potential additional tax benefits available on eligible electric vehicles.

View the range of Tesla electric vehicle specials below and get in touch with us today to see what benefits may be available to you. Note: Eligible Tesla Model 3 and Model Y vehicles meet the current FBT exemption criteria.

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Current featured Tesla models

Browse all our available Tesla models including the Tesla Model Y and Tesla Model 3.

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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.

Calculate the potential benefits of your new Tesla Novated Lease

Calculate Your Novated Lease Savings

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Summary

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Total Weekly Cost: $

Savings per term: $

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FBT Exemption for Tesla Vehicles

Good news if you’ve been wanting to buy an EV. Most Tesla electric vehicles are eligible for the Australian Government’s Electric Car Discount, which can result in a full Fringe Benefits Tax (FBT) exemption when the vehicle is salary packaged through a Novated Lease. Depending on your circumstances, this may provide additional tax benefits and help reduce the cost of vehicle ownership.

Combined with Tesla’s technology, performance and zero-emission driving, a Novated Lease can be a compelling way to explore the benefits of electric vehicle ownership.

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Learn more about Novated Leasing and how it works

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.

A Novated Lease can provide a convenient way to pay for your vehicle and eligible running costs, with no minimum salary or deposit required.

Whether you are looking to upgrade or thinking about purchasing a luxury vehicle, a Novated Lease can help you secure your next car. A Tesla Novated Lease from Paywise can bundle a wide range of eligible vehicle expenses into one regular payment. From registration, to comprehensive insurance, servicing, maintenance, and even roadside assistance.

Reach out to one of our Novated Lease experts to get started.

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Potentially increase your take-home pay

Salary Packaging may reduce your taxable income, depending on your circumstances.

Vehicle running costs bundled into one regular payment

Insurance, servicing, tyres and registration can be budgeted as part of your lease payments!

Potential GST savings

When you Salary Sacrifice your Tesla, eligible employees may benefit from GST savings on the vehicle purchase price and running costs, depending on their circumstances.

Get more leasing options and flexibility

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!

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Frequently Asked Questions

Can I choose any Tesla model under a Novated Lease?

Yes, you have the flexibility to select the Tesla model that suits your preferences and needs. Whether it’s the Model S, Model X, Model Y, Model 3, or any future Tesla models, Fleet Network can tailor the Novated Lease to your desired vehicle.

Who can apply for a Tesla Novated Lease?

Eligibility for a Tesla Novated Lease is generally open to employees who receive a salary and benefits package. Whether you work full-time, part-time, or are self-employed, you can explore Novated Leasing options with Paywise to determine if it’s the right fit for you.

Can I add optional extras or accessories to my Tesla under a Novated Lease?

Yes, you have the option to add approved optional extras and accessories to your Tesla under a Novated Lease. These may include features like premium sound systems, enhanced interior packages, or performance upgrades. Adding these extras can be factored into the lease agreement, providing you with a customised driving experience.

What happens at the end of the Tesla Novated Lease term?

At the end of the Novated Lease term, you have several options. You can choose to upgrade to a newer Tesla model and start a new Novated Lease, extend the existing lease, or purchase the vehicle outright. Paywise can guide you through these options to help you make the best decision based on your preferences and financial situation.

How much is it to lease a Tesla on Salary Sacrifice?

The cost of leasing a Tesla through Salary Sacrifice here in Australia, can vary depending on various factors including the model of the Tesla, the lease term, the agreed-upon usage and mileage, and any additional optional extras or accessories. It’s important to note that everyone’s financial situation and Salary Packaging arrangements may differ, so the exact cost will be unique to each person.

To determine the specific cost of leasing a Tesla on Salary Sacrifice, it is recommended to consult with our knowledgeable Novated Lease specialists at Paywise. They will work closely with you to understand your requirements, provide tailored solutions, and provide an accurate quote that takes into account your salary, tax savings, and the terms of the lease agreement. By assessing your needs and preferences, our team will help you find the most suitable Tesla Novated Lease option that aligns with your budget and desired vehicle. Request a quote today!