If you’re in the market for an electric vehicle (EV) or plug-in hybrid (PHEV), our car experts can help you benefit from the significant saving advantages of a novated lease while you help the planet.
With the introduction of no FBT on eligible EVs and PHEVs, you could save on average $9k per year, almost double the savings* compared to a novated lease with an internal combustion engine vehicle.
EVs can help you save over the long term with the cost of an electric charge almost always cheaper than refuelling a car with petrol.
EVs have a lower carbon footprint. A study found electric vehicles emit, on average, 29-41% less emissions than a typical fossil-fuelled car for every kilometre driven.**
EVs are reliable and easier to maintain. The simplicity of the electric motor means that there is no oil to change, fewer parts that can wear down over time, and no engine to manage.
Our fully digital novated lease process is completely paperless from start-to-finish, making it faster, easier, and better for you and the environment.
Our car experts have an extensive understanding of all cars, including EVs and PHEVs. We help you keep across the latest models, find the right vehicle for your needs, source it, and purchase it.
No deposit is required for a novated lease with an EV or PHEV, just a refundable order fee. So you can secure the car you want today.
By salary packaging your EV or PHEV with a Flare novated lease, you could enjoy significant tax savings as well as save GST on your car purchase, electricity mileage, servicing, and maintenance.
Avoid hidden expenses and spread your bills across the year by bundling up your finance and running costs like servicing, maintenance, and rego into convenient monthly payments.
You benefit from before-tax savings on all the running costs of your vehicle, so you have nothing left to worry about. This includes electricity mileage, service and maintenance, rego and CTP (NSW), and insurance.
No deposit is required for a novated lease with an EV or PHEV, just a refundable order fee. So you can secure the car you want today.
By salary packaging your EV or PHEV with a Flare novated lease, you could enjoy significant tax savings as well as save GST on your car purchase, electricity mileage, servicing, and maintenance.
Avoid hidden expenses and spread your bills across the year by bundling up your finance and running costs like servicing, maintenance, and rego into convenient monthly payments.
You benefit from before-tax savings on all the running costs of your vehicle, so you have nothing left to worry about. This includes electricity mileage, service and maintenance, rego and CTP (NSW), and insurance.
It depends on a number of factors like battery size and the charger used. See this range and charging tool for the average charging time for each EV currently available in the market. https://www.transport.nsw.gov.au/projects/electric-vehicles/charging-an-electric-vehicle/range-and-charging
Charge at home, work or public locations across Australia. See this charging map for locations. https://www.transport.nsw.gov.
There are electric vehicles available in Australia that can travel over 500km on one charge. If you live in a city, the average daily commute is 35km meaning you’ll be able to get around without needing to recharge. See this range and charging tool for the average range for each EV currently available in the market. https://www.transport.nsw.gov.au/projects/electric-vehicles/charging-an-electric-vehicle/range-and-charging
Speak to Flare today and we can step you through the novated lease process, help you to identify and source the car you want, and purchase it, end-to-end. The process is simple and you’ll be supported along the way by a Flare Car Concierge.
The vehicle must be at first sale less than the luxury car tax threshold for fuel efficient vehicles which is $84,916 as of the 1st of December 2022. While vehicles are exempt from paying FBT, there will be reportable fringe benefits for employees.
It was a very simple process. I didn’t have to meet anybody, it was all handled remotely, it was just emails and a DocuSign electronic signature on a contract. So very simple. Since I’ve actually taken my car for work, it’s enabling me to get a lot more flexibility.
The whole novated lease process was simpler and more convenient than the traditional car buying experience, and the Flare folks basically held my hand through the whole thing. They got me the car I wanted delivered to my door, and I can use pre-tax dollars to pay for it which reduces my taxable income.
Fill in the form below to learn more about Flare Cars and find out how much you can save.
With no FBT on eligible EVs and plug-in hybrids*, you could save on average $9k per year, almost double the savings compared to a novated lease with an internal combustion engine.
EVs can help you save over the long term with the cost of an electric charge almost always cheaper than refuelling a car with petrol.
EVs have a lower carbon footprint. A study found electric vehicles emit, on average, 29-41% less emissions than a typical fossil-fuelled car for every kilometre driven.
EVs are reliable and easier to maintain. The simplicity of the electric motor means that there is no oil to change, fewer parts that can wear down over time, and no engine to manage.
No deposit is required for a novated lease, so you can secure the EV you want today. We’ll also speed up the process by helping you source your new car.
By salary packaging your EV with a Flare novated lease, you could enjoy significant tax savings as well as no GST on your car purchase, electricity mileage, servicing and maintenance.
You benefit from Flare’s buying power. Our team of car experts do the hard work to negotiate on your behalf and secure the best deals in our fleet network on EVs.
Avoid hidden expenses and spread your bills across the year by bundling up your finance and running costs like servicing, maintenance and rego into one convenient monthly payment.