Polestar Novated Lease
Turn your Polestar dreams into reality
Get a great deal on a Polestar
Polestar cars are a new form of electric performance. Every Polestar is proudly defined by minimalistic design, technological innovations, sustainable solutions, and a complete lack of compromise.
Thinking about a Polestar electric vehicle? Your timing couldn’t be better. Thanks to the Federal Government EV Discount, the affordability of eligible electric and plug-in hybrid vehicles is improving for working Australians. Through novated leasing, you could be paying for a car using pre-tax dollars, potentially saving you thousands on tax over the lifetime cost of the car.
What is novated leasing?
A novated lease is a three-way agreement between an employee (you), your employer and a finance company to essentially allow you to lease a car. Your employer takes money directly from your pay before income tax is taken out, and then this money can be used to make payments for your vehicle and its running costs. This can potentially reduce your taxable income, and in turn, increase your disposable income.
Novated leasing could also allow you to bundle not only your lease payments but your car’s running costs – including charging or petrol, insurance, rego, tyres, carwashes and servicing – into one convenient regular payment.
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.
Disclaimers
Maxxia Pty Ltd | ABN 39 082 449 036 act as an authorised representative on behalf of a number of Australian financial services licensees. The capacity in which we act and the financial services we are authorised to provide are set out in our Financial Services Guides. We act as an agent for those licensees and not for you. Regulated leasing and related services are provided by Onboard Finance Pty Ltd ABN 18 645 542 776, Australian Credit Licence no. 532668. Onboard Finance authorises Maxxia Pty Ltd ABN 39 082 449 036 (Credit Representative no. 484063) to provide credit assistance to you. Credit guide for Maxxia Pty Ltd (as credit representative of Onboard) available here.
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