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When you order a new car through a Smart™ novated lease. Offer ends 6 June 2025.
Tax savings | all-inclusive repayments | Extra discounts on eligible^ EVs
Tesla Model Y
MY25 Rear-Wheel Drive
$549 per fortnight*
Price includes running costs
Novated leasing is approved by the ATO and can help you save on income tax.
With a novated lease you can pay for your car expenses using a combination of your pre-tax and post-tax salary (or if your car is eligible for the electric car discount^, all payments are made using your pre-tax salary). This could reduce your taxable income and the amount of tax you pay.
Ready to get into your dream car?
FAQs
* This offer is only available to those whose employers allow them to finance a car through Smart. To be eligible for 35,000 bonus Qantas Points, individuals must do the following between 5 May 2025 and 6 June 2025: (1) submit the ‘Get a Quote’ form on this page; (2) order a new vehicle through Smart; and (3) obtain finance for that vehicle through Smart. Individuals must be a Qantas Frequent Flyer member at the time of vehicle order and link their account as prompted by Smart. Further terms and conditions apply. For the full terms and conditions of this offer please visit here.
^ 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 2024-25). Plug-in Hybrid Electric Vehicles with leases commencing from 1 April 2025 are not eligible for this exemption.
+ Fortnightly price is based on the following assumptions: (1) living in NSW 2000, (2) salary: $100,000 gross p.a., (3) travelling 15,000 kms p.a., (4) lease term: 5-years, and (5) salary sacrifice using Employee Contribution Method (ECM) and FBT Exempt Method for Electric Car Discount eligible EVs. Images shown may not be the exact car that the calculations have been based on. All figures quoted include budgets for finance, charging and/or fuel, servicing, tyres, maintenance, Vero by Suncorp comprehensive motor insurance, Hydro Platinum Pack and re-registration over the period of the lease. Vehicle residual, as set by Australian Taxation Office, is payable at the end of lease term. The exact residual amount will be specified in your vehicle quote. Figures are indicative only and based on quotes obtained by Smart from its dealership network in April 2025.
This is general information only. Before entering into any salary packaging or novated leasing arrangement, you should consider your objectives, financial situation and needs, and obtain appropriate legal, financial, or other professional advice based upon your own particular circumstances.
