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.
- 01.Potential income savings
Lease repayments are generally made using pre-tax salary, which may reduce your taxable income and lower the overall cost of vehicle ownership. The benefits available will depend on your individual circumstances.
- 02.GST savings
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.
- 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.
Speak to your employer to understand which Novated Leasing provider they work with.
Speak to your employer to understand which Novated Leasing provider they work with.
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:
Polestar vehicles are well suited to novated leasing. With battery electric powertrains, low servicing requirements and eligibility for current EV salary packaging incentives, a novated lease can be an efficient way to access a premium electric vehicle.
Whether you're considering the Polestar 2, Polestar 3 or Polestar 4, a novated lease can help simplify ownership while providing access to potential tax benefits available to eligible Australian employees.
Polestar vehicles are well suited to novated leasing. With battery electric powertrains, low servicing requirements and eligibility for current EV salary packaging incentives, a novated lease can be an efficient way to access a premium electric vehicle.
Whether you're considering the Polestar 2, Polestar 3 or Polestar 4, a novated lease can help simplify ownership while providing access to potential tax benefits available to eligible Australian employees.