With the rise of electric vehicles (EVs) transforming the automotive industry, there's never been a better time to consider making the switch to a more sustainable ride. Thanks to the Australian Government's Electric Car Discount, doing so is even more affordable. At Remunerator, we’re excited to announce the launch of our brand-new resources page, which lists every electric vehicle eligible for this valuable discount.
What is the Electric Car Discount?
Introduced on 1 July 2022, the Electric Car Discount is a game-changer for Australian drivers looking to lower their costs while reducing their environmental impact. Under this policy, the Federal Government provides a Fringe Benefits Tax (FBT) exemption for certain low and zero-emissions vehicles.
To qualify for the Electric Car Discount, vehicles must meet the following criteria:
- Battery Electric Vehicles (BEVs), Hydrogen Fuel Cell Electric Vehicles (FCEVs), and Plug-in Hybrid Electric Vehicles (PHEVs) are all eligible.
- The car’s value must be below the luxury car tax threshold, which is currently $91,387 for the 2024-25 financial year.
- Vehicles must have been first made available for use on or after 1 July 2022.
Why We Created This Page
We understand that finding the right EV for your needs, while navigating the eligibility requirements for the Electric Car Discount, can be overwhelming.
That’s why we’ve created a dedicated resource page that lists every single vehicle that qualifies for the discount. Our goal is to make the process of selecting an eligible EV as easy and straightforward as possible, so you can focus on enjoying the benefits.
With this new resource, you’ll have access to the most up-to-date list and pricing of eligible electric vehicles, so you can make an informed decision on your next car purchase.
How Does This Benefit You?
The Electric Car Discount offers substantial savings.
By exempting eligible vehicles from FBT, you can drive a brand-new, eco-friendly vehicle at a reduced cost—allowing you to save both on taxes and your overall running expenses.
With novated leasing, these savings are even greater. By bundling all the costs of running your EV—such as lease payments, insurance, maintenance, and fuel or electricity—into one convenient, pre-tax payment, you’ll be able to maximize your tax benefits even further. This means driving an electric vehicle has never been more affordable.
Explore the Latest Eligible Electric Vehicles
Our comprehensive resource page covers a wide range of makes and models, from the latest fully electric cars to plug-in hybrids that give you flexibility.
Whether you’re after a city-friendly hatchback, a spacious family SUV, or a cutting-edge luxury EV, our page has the information you need to find the vehicle that best suits your lifestyle and budget.
Browse the full list of eligible vehicles here.
Supercharge Your Savings...
Ready to start your journey towards a more sustainable drive? Visit our new resources page today and discover the perfect electric vehicle for your needs.
If you have any questions about novated leasing or the Electric Car Discount, our team is here to help. We can assist you in navigating the leasing process and provide a free, no-obligation quote, so you can drive away in your dream EV with confidence.