Leasing an Electric Vehicle Explained

With government initiatives reducing the costs of electric vehicles, and novated leases offering big cash savings, you could be on the road in an EV sooner than you think.

Dealer prices

Your ideal car

Environmentally friendly

Gain tax savings

As part of the Federal Government’s Climate Policy, EVs with low-to-zero emissions are exempt from fringe benefits tax (FBT). What does this mean for you?

It means even bigger cost savings than typical novated leases.

You could save up to $30,000 over a 4-year lease*. For example, with Inside Edge, you can now lease the popular MG ZS SUV with a purchase price of $50,000 for the same monthly lease cost as a $28,000 Mazda 2 over a three-year lease*.

Which vehicles are covered?

To take advantage of the government policy, the vehicle must be one of the following:

Battery electric vehicles (BEV): BEVs are classified as all-electric cars. They’re powered exclusively by electricity and have larger batteries onboard. BEVs are charged before being driven by a home charger or fast charging station.

Hydrogen fuel cell electric vehicles (FCEV): FCEVs produce electricity via a hydrogen-powered fuel cell, rather than exclusively drawing power from a battery. FCEVs are refuelled with hydrogen gas and don’t need to be charged.

Hybrid electric vehicles (HEV), which do not require battery charging are not part of the government policy

Ready to take advantage of cost savings with an EV?

Inside Edge is the market leader in novated electric vehicles. We’ve proactively secured a wide range of EVs eligible under the government scheme. With competitive pricing and a dedicated EV support team, we’re here to help you make the switch to electric.

We do the heavy lifting to find your ideal EV so you don’t have to. At Inside Edge, many of our team members also own EVs which makes them a handy resource for any questions you may have.

Enquire now

Disclaimer: While Inside Edge makes every effort to provide accurate and complete information, Inside Edge makes no express or implied representation as to the accuracy or completeness of the information provided and will not be liable to you or your employer, in any respect. Salary Packaging may affect other factors including but not limited to Medicare Levy Surcharge, HECS, Child Maintenance liabilities or any Low Income Tax Office (LITO) that may be applicable. InsideEDGE recommends that you obtain your own independent advice when considering salary packaging.