A novated lease is an agreement between you, your employer and your employers fleet company, that lets you bundle the finance and all the expected running costs of a new Polestar into a single payment. This can then be deducted from your salary, to help save you time and money.
A novated lease is an agreement between you, your employer and your employers fleet company, that lets you bundle the finance and all the expected running costs of a new Polestar into a single payment. This can then be deducted from your salary, to help save you time and money.
Here are a few of the providers who are currently offering Polestar cars through novated leasing:
Here are a few of the providers who are currently offering Polestar cars through novated leasing:
- 01.Potential tax savings
A novated lease may reduce the cost of vehicle ownership by allowing finance and vehicle running costs to deducted from your salary. Any financial benefit will depend on your individual circumstances and eligibility.
Eligible novated leases can provide GST savings on the purchase price of the vehicle, as well as on many included running costs throughout the lease term.Eligible novated lease arrangements may provide GST benefits on the vehicle purchase price.02.Potential GST benefits- 03.Fringe benefit tax exemption
Eligible battery electric vehicles may qualify for the Australian Government's Fringe Benefits Tax (FBT) exemption when provided through a novated lease. This can significantly improve the value of salary packaging an electric vehicle.
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Eligibility requirements apply, including applicable vehicle thresholds and current government regulations. - 04.One regular payment
Vehicle costs can be consolidated into a single payroll deduction, making ownership easier to manage. Depending on your lease agreement, this may include registration insurance, routine servicing, tyres, roadside assistance and charging costs.