A Tesla novated lease delivers significant savings thanks to income-reducing pre-tax salary deductions, GST savings, and potential fringe benefits tax (FBT) exemptions. Your overall running costs can also be much lower than traditional financing options. You can determine how much you might save with our handy Tesla novated lease calculator.

A novated lease for a Tesla offers significant financial advantages. With a Tesla novated lease, you avoid paying GST on the purchase price and running costs like insurance and charging. Lease payments are made from your pre-tax salary, lowering your taxable income and resulting in substantial tax savings. And if you choose to, you can bundle your running costs into your lease too, reducing your taxable income even further. You also benefit from fringe benefits tax exemptions specific to electric vehicles in Australia.

With a Tesla novated lease, you’ll have unrestricted enjoyment of your electric vehicle, unlike some financing solutions that limit personal usage. Plus, you’ll benefit from our unmatched support and service throughout the leasing process, from securing competitive pricing through our fleet network to managing your lease and beyond.

There isn't a fixed minimum salary requirement for a Tesla novated lease in Australia. Approval depends on your individual financial situation and your capacity as a borrower. Factors such as your income, living expenses, and any financial dependents are considered to determine your ability to make regular lease payments over the term. It’s important to consult with Leaselab to evaluate your specific situation and explore your options for a Tesla novated lease.