Novated lease Tesla Model 3

The Tesla Model 3 qualifies for government tax discounts

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Tesla Model 3 novated lease tax savings

A Novated lease Tesla Model 3 lets you finance the vehicle and running costs in a tax-efficient way.

Pay using your pre-tax salary

The payments on your Tesla Model 3 will be made from your salary before tax is deducted. You can also pay for running costs with your pre-tax salary to maximise this tax saving.

GST savings on your Tesla Model 3

You'll also save thousands on the purchase price of your Tesla Model 3 thanks to the GST tax credit available on a novated lease. You can save up to a maximum of $6,334 in GST (cars up to $69,674 in FY 2025/26 - above this amount, the GST saving is capped at $6,334).

You can benefit from GST savings on your packaged car running costs too.

Tesla Model 3 novated lease pricing includes:
Lease Payment

Lease Payment

Registration & CTP

Registration & CTP

Fuel/Electricity

Fuel/Electricity

Tyres

Tyres

Repairs & Maintenance

Repairs & Maintenance

Comprehensive Insurance

Comprehensive Insurance

Find out more about what's included in a novated lease.

Expert Opinion

Great electric all-rounder that's changed electric motoring in Australia.

Fantastic handling, best-in-class range and loads of tech that's hard to miss.

Tesla Model 3 really brought EVs into the mainstream by making them cool, well-designed and affordable enough for drivers looking at an electric car. Think sleek, minimalist design, both inside and out, which gives it that distinctive Tesla look, and it turns heads. 

Inside, it's all about that big touchscreen. It controls everything, from the air-con to the navigation, and it's easy once you get the hang of it. Space-wise, it's a comfortable sedan with enough room for passengers and a decent-sized boot, although not a hatch opening. Where it really stands out is its performance. It's got that instant electric acceleration that makes it feel quick and responsive. All this while being packed with lots of tech in the car. This also includes eight cameras that help the car see all around it, making it one of the safest cars.

Overall, the Tesla Model 3 is a compelling package and is now thousands of dollars cheaper than when it first landed in Australia back in 2019. Since then, tens of thousands have made it onto our roads. It's a sleek, high-tech electric car that's fun to drive and practical for trips around town and even longer road trips. The Tesla Model 3 played a huge role in making EVs more accessible and desirable, and it continues to be a popular choice for those looking to make the switch to electric.

NOVATED LEASE

Pricing & Specs

Model
Total GST savings
Total tax savings
Engine
Transmission
Body

Model 3 Performance

$11,022

$35,275

Battery Electric Vehicle (BEV)Reduction Gear

Sedan

Model 3 Premium Rear-Wheel Drive

$8,230

$26,335

Battery Electric Vehicle (BEV)Reduction Gear

Sedan

Model 3 Premium Long Range Rear-Wheel Drive

$8,948

$28,635

Battery Electric Vehicle (BEV)Reduction Gear

Sedan

tesla models

Figures supplied in July 2025

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Similar cars

Pricing is based on a $100,000 salary in NSW, with 75,000 Km travelled over a 60 month lease. Similar vehicles are determined by body type, number of doors, number of seats and price range, pricing may differ by variant. T&Cs apply