Polestar Novated Lease

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Discover Artful Scandinavian Design & Innovative Performance with a Polestar Novated Lease

Polestar's evolution from the racetrack to the road marks a thrilling shift towards sustainable driving. What began with high-speed Volvo race cars has transformed into a lineup of cutting-edge electric vehicles and luxurious hybrid SUVs. Polestar remains committed to exceptional design and the planet’s future through every stage. From the stylish Polestar 2 sedan to the versatile Polestar 3 electric SUV, Polestar’s lineup caters to eco-conscious tech enthusiasts who appreciate a touch of everyday luxury.

A novated lease on your next Polestar lets you hit the road faster with less financial hassle. Leaselab has streamlined the leasing process, offering a cost-effective alternative to traditional car loans or buying outright. Opt for a Polestar novated lease in Australia to drive the latest models while enjoying financial flexibility that aligns with your lifestyle.

Unlock Savings with a Polestar Novated Lease

Discover bustling city streets, take a road trip down the coast or revel in bygone country charm – all in your Polestar sooner with a novated lease from Leaselab. With a novated lease, your payments come out of your pre-tax salary, reducing your taxable income and boosting your take-home pay. Plus, bundle all your vehicle expenses – registration, fuel, insurance, and servicing – into one monthly payment plan that suits your budget.

Unlock not just GST savings and reduced running costs with a Polestar novated lease, but also tap into extra savings through the federal government’s fringe benefits tax (FBT) exemption for zero and low-emission vehicles. Explore your potential savings with our Polestar novated lease calculator and drive into a more cost-effective future with Leaselab.

Customised Polestar Novated Lease for Your Life

Navigate your finances effortlessly with our Polestar novated lease solutions. We’ll work with you to create a straightforward payment plan that matches your personal needs and goals. Embrace exclusive discounts on your Polestar and its running costs, ensuring savings that last throughout your lease term. With Leaselab, you'll soon be driving this thrilling and eco-friendly car – reach out to us today and start your journey.

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FAQs

What are the eligibility criteria for the novated lease FBT exemption?

To qualify for the fringe benefits tax (FBT) exemption on a novated lease for a Polestar, several key conditions must be met:

  • The vehicle must be fully electric, a plug-in hybrid, or powered by a hydrogen fuel cell.

  • It should be a passenger vehicle with a capacity of less than one tonne and seating for fewer than nine passengers.

  • The vehicle must have been acquired and put into use after July 1, 2022.

  • The vehicle’s value must fall below the luxury car tax (LCT) threshold, set at $91,387 for the 2024/25 financial year.

  • Meeting these criteria ensures eligibility for the FBT exemption, making the transition to a more sustainable drive even more financially advantageous.

Meeting these criteria ensures eligibility for the FBT exemption, making the transition to a more sustainable drive even more financially advantageous. Contact the team at Leaselab if you have any more questions.

Is a novated lease on a Polestar worth it?

At Leaselab, we’ll help you navigate the road to savings with a Polestar novated lease. This option delivers a suite of financial benefits, starting with payments deducted from your pre-tax income, potentially lowering your taxable income. Plus, enjoy GST savings on your Polestar's purchase price and running costs, including insurance, tyres, maintenance, and charging.

The Polestar also qualifies for the federal government’s fringe benefits tax (FBT) exemption, provided it’s under the luxury car tax threshold. This means you can drive in style while enjoying significant savings compared to traditional financing methods.

Is there a minimum salary for a Polestar novated lease?

Good news – there’s no set minimum salary requirement for a Polestar novated lease. Approval hinges on your overall financial health, including income, living expenses, and dependents, to ensure you can comfortably manage the lease payments. For a detailed evaluation and to explore your options, contact Leaselab today.

The benefits of novating

Reduce your tax bill using pre-tax income

Fleet pricing on a range of cars

Include running costs in one easy payment

No bill shock with smooth payments

Avoid GST on the vehicle and running costs

Flexible plans and end of lease options