An electric car for a petrol car cost?

When you use a novated lease to get behind the wheel of a petrol car, only part of the payment is taken from your salary before tax.

But choose an eligible electric car and, thanks to the government’s EV Discount, your entire lease payment can be taken from before tax salary. That could mean some juicy tax savings with every pay.

But the only way to score this amazing discount is with a novated lease.

Electric

$60,338

Tesla Model 3

$37,557^

Estimated tax savings

$208

Cost per week^

Petrol

$40,640

Mazda CX-5

$15,088^

Estimated tax savings

$224

Cost per week^

Both based on an annual $90,000 salary, an annual distance travelled of 15,000kms and a 5-year lease term.