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If you’ve always wanted a Tesla but can’t justify buying one, leasing could be your perfect solution. Leasing has several advantages over purchasing, such as lower monthly payments and the option to upgrade to a new vehicle after three years.

Before signing any lease, thoroughly understand its advantages and drawbacks. That way, you can select the most advantageous arrangement for you.

Tax savings

Novated leases are an excellent way to finance a Tesla EV with tax benefits. Your lease payments will be deducted from your salary before the income tax application, saving you money each month while covering both car running costs and finance repayments in one convenient, pre-tax payment.

With a Tesla novated lease, you avoid paying GST on vehicle purchases and running costs – saving an additional 10%. That could add up to 45% savings when combined with income tax benefits.

With a novated lease, you can save even more money using the Electric Car Discount. In addition, this new legislation exempts non-luxury electric and plug-in hybrid vehicles from the Fringe Benefits Tax (FBT).

Are you uncertain whether a novated lease is suitable for you? Novated Lease Australia can help. Our experts will assess your situation and identify the most advantageous solution, providing value and tax savings explicitly tailored to meet your requirements.

A novated lease is a legally binding contract between you, your employer and a financial provider. You enter into this lease agreement for an established period – usually one to five years – and after-tax deductions have been deducted from your salary before taxes are applied.

No deposit

Leasing a Tesla is an affordable way to enter the electric vehicle (EV) world, and it may be more affordable than you think. Leasing has the main advantage of not needing to put down any upfront cash, meaning you save on interest payments.

When leasing a Tesla, you have many models and features to choose from to suit your requirements. Many payment options exist, such as how much you want to pay and how long the car needs. Depending on your financial situation, you may make one large payment or spread the cost over several months with flexible repayments.

The Tesla Model 3 is the most sought-after electric vehicle model. It boasts quick acceleration, long-range, and unique features not found in other EVs. Furthermore, it’s highly eco-friendly – which could be especially advantageous if you live in an area with limited electricity.

The Tesla X and Hyperloop are futuristic electric vehicles that promise to revolutionise travel forever. But ultimately, you should decide which model best suits your needs.

Tesla novated lease are ideal for those seeking the latest technology and design features without worrying about making a down payment or monthly payments. With this type of lease, you can upgrade your vehicle every three years with minimal disruption to daily life.

The process is straightforward. First, select the model you wish to finance and then choose your preferred lease length and annual mileage. Afterwards, fill out an application form with your name, address and other personal information about yourself and your financial background. Upon completion, we’ll give you a credit decision in your account; if any questions arise after receiving approval, a team member will reach out within one business day.

Flexible repayments

If you want to drive your dream car without forking over a large sum of cash up front, then Tesla novated lease is your perfect solution. Instead of paying out-of-pocket for the vehicle, you will pay a monthly amount over several years and then hand it back to the car company at the end of the lease period.

With a novated lease, you have more flexibility in making repayments than with traditional loans. In addition, your payments will be taken from your salary before any deductions are made – meaning you can enjoy all the advantages of owning an electric vehicle while paying less overall.