Lease the Tesla Model 3

Qualifies for the federal EV Tax Exemption
The Tesla Model 3 is eligible for the federal government’s fringe benefits tax (FBT) exemption for electric vehicles. You guessed it - more savings. To top it off, a novated lease for your Tesla Model 3 also means zero GST on both the vehicle purchase price and its running costs. That’s another 10% saved.

One weekly amount. Every dollar in it.

Your Tesla Model 3 Novated Lease includes all these running costs upfront. You can tailor the lease to suit your needs, and your personalised quotation will clearly show the updated calculations and costs.
Customer Service
Rego & Insurance
Tyres & Alignment
Servicing &  Maintenance
Fuel or Electricity
Lease Payments

What makes the Tesla Model 3 a head-turner?

The Tesla Model 3 is said to have revolutionised the electric vehicle market with its unmatched blend of performance, technology, and design. It’s an eco-friendly powerhouse that doesn’t compromise on luxury or functionality, making it an ideal choice for both daily commutes and weekends away.

Leasing a Tesla 3 with a novated lease through Leaselab is your gateway to experiencing this remarkable vehicle for yourself.

How a novated lease makes the Model 3 even smarter

A Tesla Model 3 novated lease allows you to pay for your car and running costs from your pre-tax salary. This lowers your taxable income, simplifies budgeting with predictable monthly payments and may qualify for FBT exemption if it’s valued below the luxury car tax (LCT) threshold

Try our novated lease calculator to see your savings and enjoy electric driving minus the upfront financial hit.

Compare with other variants

The information you share is used for the purposes of an estimate. In many cases your final quote is less than what is shown here based on your personal circumstances.

PREMIUM REAR-WHEEL DRIVE

From

$

195

$

0

$

195

per week

PREMIUM LONG RANGE (RWD)

From

$

214

$

0

$

214

per week

LONG RANGE (RWD)

From

$

214

$

0

$

214

per week

PERFORMANCE

From

$

267

$

0

$

267

per week

Your Tesla Model 3 Novated Lease includes all these running costs upfront. You can tailor the lease to suit your needs, and your personalised quotation will clearly show the updated calculations and costs.

Tesla Model 3 novated lease

Experience the Tesla Model 3 with flexible novated lease options from LeaseLab. Enjoy tax savings, lower running costs, and a simple way to drive your dream car.

Make the Tesla Model 3 yours through novated leasing. Unlock tax savings, streamline ownership and experience cutting-edge electric driving. Start your journey today.

Lease the Tesla Model 3 from $195 Per Week

Lease the Tesla Model 3 from $195 $ Per Week

Instant estimate - no obligation

Tesla Model 3

All your car and running costs are included

Customer Service
Rego & Insurance
Tyres & Alignment
Servicing &  Maintenance
Fuel or Electricity
Lease Payments

Choose your own running costs

You can customise your lease to your liking. Get a
Personalised Quote below to choose your options.

Check out our current deals.

Instant estimate - no obligation

Tesla Model 3

Tesla Model 3

Compare Savings by Variant

PREMIUM REAR-WHEEL DRIVE

From

$

195

$

0

$

195

per week

PREMIUM LONG RANGE (RWD)

From

$

214

$

0

$

214

per week

LONG RANGE (RWD)

From

$

214

$

0

$

214

per week

PERFORMANCE

From

$

267

$

0

$

267

per week

What makes the Tesla Model 3 a head-turner?

The Tesla Model 3 is said to have revolutionised the electric vehicle market with its unmatched blend of performance, technology, and design. It’s an eco-friendly powerhouse that doesn’t compromise on luxury or functionality, making it an ideal choice for both daily commutes and weekends away.

Leasing a Tesla 3 with a novated lease through Leaselab is your gateway to experiencing this remarkable vehicle for yourself.

The Model 3’s standout features  

With instant torque, autopilot features and a minimalist interior for an effortless drive, it’s no wonder the Tesla Model 3 excites drivers. ‍

‍Features like lane-keeping assist, adaptive cruise and 360-degree cameras make each journey safer and smarter. Make it yours with a Tesla Model 3 novated lease today.

How a novated lease makes the Model 3 even smarter

A Tesla Model 3 novated lease allows you to pay for your car and running costs from your pre-tax salary. This lowers your taxable income, simplifies budgeting with predictable monthly payments and may qualify for FBT exemption if it’s valued below the luxury car tax (LCT) threshold

Try our novated lease calculator to see your savings and enjoy electric driving minus the upfront financial hit.

Quick Quote

See how much you could save

The information you share is used for the purposes of an estimate. In many cases your final quote is less than what is shown here based on your personal circumstances.

Two men in business attire sitting inside a car, smiling and engaging in a lively conversation, with a vibrant orange wall visible through the window.

FAQs about Tesla Model 3 novated lease

1

How does the Model Y compare to the Polestar 2 or the Hyundai Ioniq for features?

The Tesla Model 3 offers a range of 513 km, a clean and minimalist interior, and access to Tesla’s 250kW Supercharger network. Leasing starts from $190 per week.

The Polestar 2 delivers a slightly longer range of 540 km, paired with a refined Scandinavian luxury interior and 205kW charging capability, from $182 per week.

The Hyundai Ioniq 6 leads the pack with up to 614 km of range, a futuristic interior design, and ultra-fast 350kW charging, starting from $242 per week.

We’ve crunched the numbers for a range of models you can put on a novated lease. Compare how each one stacks up and contact us for more personal numbers.

2

How do I calculate my Tesla Model 3 novated lease savings?

See exactly how much you could save compared to a petrol vehicle or another EV and discover the smartest, tax-effective way to drive your next car.

Use a novated lease calculator to estimate:

  • Weekly payments
  • Pre-tax savings
  • GST & FBT benefits
3

Can I include extras like home chargers or insurance in my lease?

Yes! Your Tesla Model 3 novated lease can bundle insurance, servicing, registration, tyres and even a home EV charger if added upfront. This keeps payments simple and maximises your tax benefits, making ownership far more convenient than paying for everything separately.

4

Can I transfer my Tesla Model 3 novated lease if I change jobs?

In most cases, yes. Novated leases can be transferred to a new employer, keeping your vehicle and tax benefits intact. If transfer isn’t possible, options like early payout or refinancing ensure your lease remains flexible and adaptable to your career.

5

Does the Tesla Model 3 qualify for the FBT exemption?

Yes! For vehicles first held and used after 1 July 2022, zero-emission EVs under the luxury car tax threshold can qualify for FBT exemption. This further reduces your taxable income, making a Model 3 novated lease even more financially attractive.

Instant estimate - no obligation

The Process

How Your Novated Lease Works

A step-by-step guide to how a novated lease works, from choosing your dream car to all the way to the end of your lease.

1
Vehicle & Financial Consultation

Vehicle & Financial Consultation

We'll make sure your chosen car is within budget, you can comfortably afford the repayments, and your employer is happy to partner with us on your novated lease. Most finance approvals happen within 24 hours, subject to credit assessment. We coordinate between all parties on your behalf.

Tesla Model 3

Car Shopping

This is the fun part. Whether you know the specifics or just have a general type of car in mind, we'll help source it from our national dealer network and secure the best deal on your behalf. While you’re at it, explore additional protection like MotorOne protection packages, MDR, insurance and more, which you can bundle into your lease.

Rear side view of a silver car

Sign, Celebrate & Drive

It's time to sign the paperwork and pick up your car. We’ll send you a fuel card, and you’ll be able to access your lease portal. Here, you’ll find everything you need to know about your lease and any questions you might have.

A smiling couple enjoying their new car

End of Lease Options

When your lease ends, you choose what happens next. Sell it through TradeLab for competitive valuations (keeping any profit tax-free!) then upgrade into a new vehicle with a fresh novated lease. You can also pay off the balloon payment to own it outright or explore refinancing.*

*Payments vary depending on your chosen term.

TradeLab logo on a maroon background

From

/ week

On Sale
Tesla Model 3

Sedan

Electric

Under $200 p/w

Tesla

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From

$

175

/ week

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BYD Seal

Sedan

Electric

Under $200 p/w

BYD

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From

$

226

/ week

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Polestar 2

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Electric

$200 to $300 p/w

Polestar

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KIA Ev4

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Electric

Under $200 p/w

KIA

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MG Im5

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Electric

$200 to $300 p/w

MG

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On Sale
Peugeot 408

Sedan

Plug-in Hybrid

Hybrid

$200 to $300 p/w

Peugeot

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BMW M3

Sedan

Petrol

Over $400 p/w

BMW

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BMW M5

Sedan

Hybrid

Over $400 p/w

BMW

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BMW 5 Series

Sedan

Hybrid

Petrol

Diesel

Over $400 p/w

BMW

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On Sale
Honda Accord

Sedan

Hybrid

$200 to $300 p/w

Honda

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On Sale
Skoda Superb

Sedan

Petrol

$200 to $300 p/w

Skoda

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On Sale
Toyota Camry

Sedan

Hybrid

Under $200 p/w

Toyota

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On Sale
MG MG5

Sedan

Petrol

Under $200 p/w

MG

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On Sale
Mercedes-Benz E200

Sedan

Hybrid

Over $400 p/w

Mercedes-Benz

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Mercedes-Benz C300

Sedan

Hybrid

$300 to $400 p/w

Mercedes-Benz

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Mercedes-Benz C200

Sedan

Hybrid

$300 to $400 p/w

Mercedes-Benz

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On Sale
Mazda Mazda6

Sedan

Petrol

Under $200 p/w

Mazda

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On Sale
Mazda Mazda3

Sedan

Petrol

Under $200 p/w

Mazda

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On Sale
Lexus ES300h

Sedan

Hybrid

$200 to $300 p/w

Lexus

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On Sale
Lexus ES250

Sedan

Petrol

$200 to $300 p/w

Lexus

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On Sale
Volvo S60

Sedan

Petrol

$200 to $300 p/w

Volvo

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On Sale
Hyundai Sonata

Sedan

Petrol

$200 to $300 p/w

Hyundai

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From

/ week

On Sale
Hyundai Ioniq 6

Sedan

Electric

$200 to $300 p/w

Hyundai

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From

/ week

On Sale
Genesis G80

Sedan

Petrol

Electric

Over $400 p/w

Genesis

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From

/ week

On Sale
BMW I7

Sedan

Electric

Over $400 p/w

BMW

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From

/ week

On Sale
BMW I5

Sedan

Electric

Over $400 p/w

BMW

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From

/ week

On Sale
BMW 3 Series

Sedan

Petrol

$300 to $400 p/w

BMW

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/ week

On Sale
Audi S5

Sedan

Hybrid

$300 to $400 p/w

Audi

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/ week

On Sale
Audi S4

Sedan

Petrol

Over $400 p/w

Audi

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On Sale
Audi RS 7

Sedan

Hybrid

Over $400 p/w

Audi

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On Sale
Audi RS 5

Sedan

Petrol

Over $400 p/w

Audi

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On Sale
Audi A6

Sedan

Hybrid

Over $400 p/w

Audi

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On Sale
Audi A5

Sedan

Hybrid

Plug-in Hybrid

$300 to $400 p/w

Audi

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On Sale
Audi A1

Sedan

Petrol

$200 to $300 p/w

Audi

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On Sale
Alfa Romeo Giulia

Sedan

Petrol

$300 to $400 p/w

Alfa Romeo

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