As we reflect on 2024, one thing is clear: Australians are embracing novated leasing like never before. The advantages of tax savings, convenient budgeting, and personalized service, leasing with Remunerator offers drivers the opportunity to drive their dream car without the hassle of traditional ownership.
We estimate that almost 100 new car models or updates were launched in Australia in 2024, including:
- New models and redesigns from major brands like Tesla, BYD, and Ford.
- Electric vehicles (EVs): A significant portion of the launches focused on EVs with brands like BYD, Zeekr, and Tesla expanding their offerings.
- Updates to existing models: Many automakers released updated versions of popular vehicles, with new tech, design changes or engine changes.
There were several key trends that shaped the novated leasing market in 2024:
- EV-olution: Australians transition to more sustainable electric driving is undeniable. Competitive pricing, government incentives, and an expanding charging network have made EVs more accessible and desirable.
- Practicality and innovative design: SUVs and Utes continue to dominate car sales statistics. Hybrid and electric iterations are growing in popularity.
- Affordable luxury: Brands like BYD and MG are revolutionizing the market by offering EV features at affordable price points, giving drivers more options than ever.
Top 10 Leased Cars:
1: Tesla Model Y
The undisputed champion of 2024, the Tesla Model Y dominated the novated leasing landscape. This all electric SUV is a favourite for all drivers from families to professional commuters. With the Electric Car Discount and several price drops throughout the year, it comes as no surprise this Tesla leads the pack.
2. Tesla Model 3
Following closely behind in second place is Tesla's sedan sibling, the Tesla Model 3. Known for it's fast acceleration and minimalist design, the Model 3 is the go-to EV for urban commuters and tech enthusiasts. Its enduring popularity is a testament to Tesla's innovation.
Dog-mode was an especially loved feature by our drivers.
3. Mitsubishi Outlander
The Mitsubishi Outlander shines as the top choice for plug-in hybrid enthusiasts. With outstanding fuel efficiency and the flexibility for both electric and petrol driving modes, it's the perfect choice for those transitioning to greener driving while needing family friendly practicality.
4. Ford Ranger
As the number 1 selling vehicle for Australians, the Ford Ranger came in number four for our drivers. The Rangers robust design and capability make it the most popular ute for our drivers.
5. BYD Seal
This newcomer made waves in 2024. The BYD Seal combines affordability with impressive EV performance, making it an attractive option for budget-conscious drivers who don't want to compromise on technology or style.
6. Toyota RAV4
The Toyota RAV4 is a long-lasting favourite for Australians. It's hybrid models continue to win over drivers with unmatched reliability and fuel efficiency.
7. BYD Atto 3
Another EV from BYD, the Atto 3, proves that electric cars can be both fun and practical. Compact yet roomy, this EV is ideal for navigating busy city streets while enjoying a sustainable drive.
8. Isuzu D-Max
For those who demand dependability, the Isuzu D-Max delivers. Built for tough conditions, this ute is a favourite among all drivers offering durability and impressive towing capacity.
9. BYD Sealion 6
BYD's third entry on our list, the Sealion 6 is their answer to demand for plug-in hybrid power. It's spacious, modern, and efficient, it's a rising star in the SUV segment.
10. MG MG4
Closing out our top 10 is the MG MG4, a compact EV that punches well above its weight. Affordable and packed with features, it's proof that EV ownership is more accessible than ever in Australia.
Are you ready to join the thousands of Australians who've unlocked the benefits of novated leasing?
Your dream car is waiting. Contact us today to have your free personalised quote prepared on your new, used or current car.