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Q: How could a novated lease help me save?

Your finance and running costs are bundled into one simple payment each pay. Meaning expenses for things such as fuel, maintenance, insurance and registration are already budgeted in your running costs. You don’t pay GST on these expenses, which means you pay less money on costs you’re already paying.

Q: Do I need to drive a lot?

No, you can drive as little or as much as you like. There’s no minimum km requirement with a novated lease.

Q: How is a novated lease paid for?

Smart makes deductions directly from your salary to pay your lease. The deductions continue until the lease ends, or you leave your employer.

Q: Is the car registered in my name?

Yes. A novated lease is just like purchasing a vehicle with a bank loan, so your car is registered to you, and is yours to drive as you choose.

Please complete the form and one of our consultants will contact you shortly. We look forward to helping you with a quote for this car.

Model Y Premium Rear-Wheel Drive (2025 build) inventory

Save 2%* on Tesla’s price Plus save an additional $1,770 on Tesla’s price with Full Self Driving (Supervised)*

Pricing is only available when vehicle is configured with FSD software upgrade. Tesla must be delivered by 31 March 2026. While stocks last. The cost of FSD software cannot be salary packaged.

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FAQs

How could a novated lease help me save?

Do I need to drive a lot?

How is a novated lease paid for?

Is the car registered in my name?

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Important information

Before entering into any salary packaging or novated leasing arrangement, you should consider your objectives, financial situation and needs, and seek appropriate legal, financial or other professional advice based upon your own particular circumstances. The availability of benefits is determined by your employer. Conditions and fees apply. Smartsalary Pty Ltd, ABN 24 096 796 100, a Smart^TM company.

^ Fringe Benefits Tax (FBT) exemption available for eligible electric or hydrogen cell vehicles purchased through a novated lease up to the Luxury Car Tax limit ($91,387 in FY 2025-26). See the Australian Taxation Office website for full eligibility criteria.

^* This offer is provided by Tesla Motors Australia Pty Ltd (Tesla). The fulfilment of all conditions of this offer will be directly between Tesla and the customer. Smart accepts no liability for any dispute between the customer and Tesla in relation to their participation in this offer. Offer only available for purchases of eligible new or demonstrator inventory. Purchases of used vehicles are not eligible for this offer. Available while stock lasts. ‘Tesla’s price’ refers to Tesla’s base vehicle price which excludes registration, stamp duty, CTP and other government charges. Offer not redeemable for cash. Tesla does not guarantee inventory vehicle stock availability or delivery of vehicles by 31 March 2026 and may make changes to the terms of this offer at its discretion without notice. Offer valid until 31 March 2026 unless extended, modified or terminated. For full terms, conditions and available stock, see https://www.tesla.com/en_AU/inventory/.