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Novated leasing for electric vehicles

There’s never been a better time to get into an EV, and with a novated lease from Smart™ you could save thousands each year.

Closeup of Tesla Y on charge

Will your next car be electric?

Want a greener, more sustainable vehicle? Maybe lower maintenance costs with fewer moving parts? The instant power of amazing EV technology? Reduced fuel costs and convenient home charging?

Whatever motivates you, Smart can provide a simple and cost-effective transition to an EV lifestyle.

Save even more tax with the Electric Car Discount

If you lease an eligible electric vehicle (EV), 100% of the lease and car costs come from your before tax income and are exempt from fringe benefits tax, thanks for the federal government’s Electric Car Discount^.

The discount is available on eligible new or used fully-electric vehicles (provided they are first registered after 1 July 2022).

back of car plugged into ev charger at home@3x
Charging
FAQs

Important information

This is general information only. Before entering into any salary packaging or novated leasing arrangement, you should consider your objectives, financial situation and needs, and seek appropriate legal, financial or other professional advice based upon your own particular circumstances. The availability of benefits is determined by your employer. Conditions and fees apply. Smartsalary Pty Ltd, ABN 24 096 796 100, a Smart™ company.

^Fringe Benefits Tax (FBT) exemption available for eligible electric or hydrogen cell vehicles purchased through a novated lease up to the Luxury Car Tax limit ($91,387 in FY 2024-25). Plug-in Hybrid Electric Vehicles with leases commencing from 1 April 2025 are not eligible for this exemption.