Skoda Novated Lease
Turn your Skoda dreams into reality
Get a great deal on a Skoda
The Skoda philosophy is just three words: simply clever cars. Falling under the Volkswagen Group, Skoda caters European quality without the European price tag. Since launching in Australia in 2007, Skoda have delivered over 50,000 cars.
Thinking about a Skoda electric vehicle? Your timing couldn’t be better. Thanks to the Federal Government EV Discount, the affordability of eligible electric 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 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.
Skoda Karoq 2022 Review
Revisions to mid-sized SUV make improvements in all the right areas. Mid-sized SUVs are one of the most popular types of vehicles for Australian families. Almost every mainstream car maker has something to offer in this class, but not all are as popular as they should be.