Tesla Novated Lease
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Your Dream Tesla on a Novated Lease from LeaseLab
Tesla is a brand that requires no introduction. Tesla vehicles are at the forefront of the electric vehicle revolution, delivering unparalleled performance, cutting-edge technology, and sleek, futuristic designs that have generated a cult following. Whether you're considering the Model S, Model 3, Model X, or Model Y, a Tesla brings innovation and sustainability to your driving experience. Securing a Tesla novated lease through LeaseLab allows you to enjoy the numerous benefits of these groundbreaking vehicles while unlocking substantial financial rewards.
Why Consider a Novated Lease for Your Tesla with LeaseLab?
Opting for a novated lease for a Tesla comes with a range of attractive financial advantages. With a Tesla novated lease, your lease payments along with running costs such as insurance, maintenance, and even charging expenses, can be bundled and deducted from your pre-tax salary. This reduces your taxable income, allowing you to take home more of your earnings. Securing a Tesla on a novated lease consolidates all your vehicle-related expenses into one regular, predictable payment, making budget tracking a breeze.
When you choose a Tesla novated lease, you avoid paying GST on the vehicle purchase price and running costs - and that means even more savings. And, with a novated lease for your Tesla in Australia, you’ll qualify for the federal government's fringe benefits tax (FBT) exemption for electric and low-emission vehicles under the luxury car tax threshold, boosting your savings even further.
Maximise your Savings with a Tesla Novated Lease in Australia with LeaseLab
With a Tesla novated lease from LeaseLab, you’ll experience the freedom and luxury of a Tesla without any restrictions, so you can enjoy the best of both worlds – cutting-edge electric vehicle technology and enviable financial savings.
LeaseLab takes the hassle out of securing a new vehicle by looking after every detail for you. Our comprehensive service ensures your Tesla novated lease is managed seamlessly, from the initial quote to ongoing lease management, and your end-of-lease processes. With LeaseLab, you can be confident that your Tesla novated lease is handled with the efficiency and expertise of a supportive team that has you covered, from go to whoa.
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FAQs
How much can I save with a Tesla Novated Lease?
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.
What are the benefits of a novated lease for a Tesla?
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.
Is there a minimum salary for a Tesla novated lease?
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.
Is a Tesla Novated Lease worth it?
Absolutely. A novated lease on a Tesla provides peace of mind with regular, predictable payment deductions and unlimited use of your vehicle, all while enjoying considerable financial benefits. By using pre-tax dollars to make your lease payments, you lower your taxable income, resulting in significant tax savings. A novated lease makes owning and driving a Tesla much more affordable compared to traditional financing options.
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