Volkswagen Novated Lease
Turn your Volkswagen dreams into reality
Get a great deal on a Volkswagen
Celebrating 70 years of delivering German engineering to Australian drivers, Volkwagen represents excellence, reliability and class. Volkswagen translates to "the people’s car." The brand - first formed with the iconic Beetle - now includes a vast line-up of award-winning models. VW is now considered the world's second largest vehicle manufacturer.
Thinking about a Volkswagen 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 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.
