Electric vehicle uptake continues to supercharge around the world. Although Australia has shown slower initial growth than other countries, we have experienced a sharp increase in electric car sales in the new year - mainly credited to the Electric Car Discount.
February was the biggest month ever in Australia for electric vehicle sales, reaching a record 9.6 per cent share of all vehicle sales in Australia. This number is set to rise as the phasing out of new combustion-engine vehicles gradually continues.
The most affordable and tax-effective way to transfer from your petrol or diesel vehicle to an electric vehicle is with a Remunerator Novated Lease.
What Are The Main Benefits of Novating an EV:
The Electric Car Discount
Electric and plug-in hybrid vehicles purchased for up to $89,332 on or after 1 July 2022, qualify for the Electric Car Discount. This offers a Fringe Benefits Tax (FBT) exemption to drivers with a novated lease.
Find all electric vehicles that qualify for the Electric Car Discount here.
Not Ready for Pure Electric? You Can Still Benefit from the Electric Car Discount
Even if you are not 100% convinced to commit to a new fully electric vehicle just yet, you can still take advantage of the Electric Car Discount whilst driving with petrol or diesel with a Plug-In Hybrid. This way you can still get the FBT exemption whilst only using your Plug-In Hybrid as a normal petrol or diesel vehicle .
Fast Delivery Times
The delivery turnaround times for electric vehicles are much quicker than that of petrol or diesel vehicles. Popular electric vehicles from Tesla and BYD can be ordered and delivered within the same month!
Many popular electric car manufacturers such as CUPRA, BYD and MG, have committed to having sufficient stock available for Australian car buyers to ensure minimal to no wait times.
Sustainable Driving
Making a positive impact on the environment by driving an EV. The combination of electric power and sustainable building materials make EVs much more environmental and leads to a reduction in your overall carbon footprint.
How to Change your Novated lease into an Electric Vehicle:
Current Remunerator customers can enjoy all the same benefits of their current novated lease on an electric vehicle with even more savings!
One of our most frequently asked questions is "How can I renew my current novated lease into an electric car?"
The answer to this question is simple!
To start off this process, simply request a no-obligation quote from Remunerator on an electric vehicle here.
Your dedicated Remunerator leasing consultants will show you your potential savings by switching to electric.
Our team is fully up-to-date of all electric vehicles currently available and soon to arrive in Australia. They are the experts in their field and are excited to help guide you through your electric car buying journey, from helping you find the model perfectly fitted to your lifestyle and desires in a car.
We are actively working with dealerships to ensure exclusive access to stock and further discounts on your new EV. Enquire about our current electric offers with your dedicated leasing consultant.