EVs are becoming more popular, but the upfront cost is often an obstacle. That's why a fully maintained novated lease is the perfect solution for those wanting to switch.
A fully maintained novated lease bundles the car's running costs into one monthly payment, including fuel, registration, servicing, tyres and roadside assistance. It's also a tax-efficient way to get an EV. For a fully maintained EV novated lease, click here.
Cost-Effective
Leasing a fully maintained EV through a novated lease is one of the most cost-effective ways to finance an electric car in Australia. You'll enjoy peace of mind knowing that your EV is under warranty for two or three years, and you can rest assured that you won't exceed the annual mileage cap.
Adding an EV to your salary package through a novated lease also saves on running costs such as comprehensive insurance, servicing, registration renewals and fuel. Moreover, all payments are deducted from your pre-tax salary and will reduce your taxable income for the year.
No FBT or GST
Some employees perceive EVs as expensive, but innovative leasing can make them more affordable. By salary packaging an EV through beCarWise and taking advantage of State/Territory incentives, you can save up to $6,900 each year compared to purchasing outright.
It is because novated lease payments are made using a carefully calculated combination of your pre-tax and take-home pay, which reduces your taxable income and can unlock significant GST savings. It means you'll pay less tax on your EV and all running costs, including fuel/electricity, registration, tyres and scheduled servicing.
Another bonus of novated leasing is that you can claim the electricity used to charge your vehicle to save even more. A full battery charge can take up to five hours. It means that if you live close to a public charging station, you could drive past your local service station and never have to stop again (unless you're looking for some cashews or a newspaper). You can even get a home charging station through beCarWise to top up in minutes when you're not at work.
Flexibility
Fully maintained EV novated leases are a salary packaging arrangement that includes all fixed running costs for an electric vehicle in the finance lease, including insurance, registration, and servicing. It is an excellent way to make a fully electric car more affordable and reduce your carbon footprint while you're at it!
EVs are becoming increasingly popular, and with State and Federal Government initiatives such as the EV Discount Bill and the Home Chargepoint Grant offering financial incentives, there's never been a better time to consider making the switch. At Maxxia, we can help you find the right EV for your needs and arrange a competitive novated leasing deal that could save you thousands. For a fully maintained EV novated lease, click here.
Contact us for a new EV or plug-in hybrid novated lease quote, or complete our online application form. We'll cover the rest, from sourcing the right vehicle at the best price to arranging finance and insurance.
Tax Benefits
Novated leases are a great way to access this FBT exemption, as the payments for the vehicle and its running costs are deducted from your pre-tax salary (or 100% pre-tax for eligible EVs) before being paid into your bank account each pay cycle. It is known as salary sacrificing and can result in significant income tax savings.
A fully maintained novated lease also includes all your regular expenses in one payment, including fuel, registration, tyres and insurance. It can save you time and stress and is a more convenient way to manage your vehicle expenses.
CR research shows that EVs are less likely to break down than petrol cars, but like any car, they'll require maintenance occasionally. Remunerator will work with you to set annual budgets for your EV's running costs and help you choose the right vehicle to suit your lifestyle, commute and needs. We'll even negotiate the price and arrange finance and insurance on your behalf. For a fully maintained EV novated lease, click here.
A fully maintained novated lease bundles the car's running costs into one monthly payment, including fuel, registration, servicing, tyres and roadside assistance. It's also a tax-efficient way to get an EV. For a fully maintained EV novated lease, click here.
Cost-Effective
Leasing a fully maintained EV through a novated lease is one of the most cost-effective ways to finance an electric car in Australia. You'll enjoy peace of mind knowing that your EV is under warranty for two or three years, and you can rest assured that you won't exceed the annual mileage cap.
Adding an EV to your salary package through a novated lease also saves on running costs such as comprehensive insurance, servicing, registration renewals and fuel. Moreover, all payments are deducted from your pre-tax salary and will reduce your taxable income for the year.
No FBT or GST
Some employees perceive EVs as expensive, but innovative leasing can make them more affordable. By salary packaging an EV through beCarWise and taking advantage of State/Territory incentives, you can save up to $6,900 each year compared to purchasing outright.
It is because novated lease payments are made using a carefully calculated combination of your pre-tax and take-home pay, which reduces your taxable income and can unlock significant GST savings. It means you'll pay less tax on your EV and all running costs, including fuel/electricity, registration, tyres and scheduled servicing.
Another bonus of novated leasing is that you can claim the electricity used to charge your vehicle to save even more. A full battery charge can take up to five hours. It means that if you live close to a public charging station, you could drive past your local service station and never have to stop again (unless you're looking for some cashews or a newspaper). You can even get a home charging station through beCarWise to top up in minutes when you're not at work.
Flexibility
Fully maintained EV novated leases are a salary packaging arrangement that includes all fixed running costs for an electric vehicle in the finance lease, including insurance, registration, and servicing. It is an excellent way to make a fully electric car more affordable and reduce your carbon footprint while you're at it!
EVs are becoming increasingly popular, and with State and Federal Government initiatives such as the EV Discount Bill and the Home Chargepoint Grant offering financial incentives, there's never been a better time to consider making the switch. At Maxxia, we can help you find the right EV for your needs and arrange a competitive novated leasing deal that could save you thousands. For a fully maintained EV novated lease, click here.
Contact us for a new EV or plug-in hybrid novated lease quote, or complete our online application form. We'll cover the rest, from sourcing the right vehicle at the best price to arranging finance and insurance.
Tax Benefits
Novated leases are a great way to access this FBT exemption, as the payments for the vehicle and its running costs are deducted from your pre-tax salary (or 100% pre-tax for eligible EVs) before being paid into your bank account each pay cycle. It is known as salary sacrificing and can result in significant income tax savings.
A fully maintained novated lease also includes all your regular expenses in one payment, including fuel, registration, tyres and insurance. It can save you time and stress and is a more convenient way to manage your vehicle expenses.
CR research shows that EVs are less likely to break down than petrol cars, but like any car, they'll require maintenance occasionally. Remunerator will work with you to set annual budgets for your EV's running costs and help you choose the right vehicle to suit your lifestyle, commute and needs. We'll even negotiate the price and arrange finance and insurance on your behalf. For a fully maintained EV novated lease, click here.