Cadillac Novated Lease
Turn your Cadillac dreams into reality
Get a great deal on a Cadillac
Since 1902, Cadillac has stood as one of General Motors’ flagship brands, renowned for its blend of innovation, luxury and performance. Today it operates in 35 countries including the United States, China, and, more recently, Australia.
Although Cadillac is best known for its powerful combustion engines, the luxury marque is moving to an all-electric future worldwide by 2030, with models such as the LYRIQ growing in popularity.
Thanks to the Federal Government EV Discount and novated leasing, you could be paying for an eligible EV using pre-tax dollars, potentially saving you thousands of dollars on tax.
What is novated leasing?
A novated lease is a three-way agreement between you, your employer, and a finance company that allows you to lease a car. Your employer deducts money from your before-tax and/or after-tax pay to cover vehicle payments and running costs, which could help to reduce your taxable income, and in turn, increase your disposable income.
Take advantage of the EV Discount
Ordinarily, under a novated lease vehicle you are required to pay some Fringe Benefits Tax (FBT). However, with the Federal Government EV Discount, eligible electric vehicles up to the Luxury Car Tax threshold of $91,387 are FBT-free! This means that 100% of payments made towards your lease and running costs using your pre-tax salary are FBT-free.
