Example EV Deals
Here are some examples of how little it costs, to purchase and run an FBT Exempt EV via a fully managed Novated Lease Arrangement. These examples represent the change in an employee's take home pay, including finance and budgeted running costs.

Nissan Leaf Ze-1 EV
From $163 per week

MG ZS EV
From $161 per week

XC40 Recharge Pure Electric EV
From $247 per week

Tesla Model 3 RWD EV
From $211 per week
The above numbers are based on a 4 year lease, with a 40% residual, travelling 15,000ks per annum and using $95,000 as the sample Gross salary.
Based on the above, we calculate the monthly lease repayment.
Then we add on a budget for running costs including;
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annual registration
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comprehensive insurance
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servicing or annual inspection
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4 tyres
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In the case of the PHEV there is also a small budget for fuel
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We then deduct the GST credit, factor in the tax saving at $95,000 salary and show you the change in take home pay.
ie Based on the above examples, the employee's take home pay would only reduce by $161 per week for the MG and all finance and budgeted running costs are covered and managed by EV Novation.
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