Novated lease Tesla Model Y

The Tesla Model Y qualifies for government tax discounts

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Tesla Model Y novated lease tax savings

A Novated lease Tesla Model Y 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 Y 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 Y

You'll also save thousands on the purchase price of your Tesla Model Y 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 Y 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

It's one of the world's best selling cars for a reason - loads of tech, safety, premium feel and much more.

Genuinely the best electric car for families - period.

Alright, let's talk about the Tesla Model Y, which is Australia’s best-selling EV. Think of it as the slightly bigger, more practical sibling of the Model 3 sedan. It's an all-electric SUV, so you get that instant, smooth acceleration Teslas’ are known for, and it's surprisingly quick for its size. With top-safety scores, it’s also one of the safest cars on the market.

Moving inside the Model Y, you find what Tesla is known for, minimalist and tech-heavy interiors. There is a big touchscreen that takes a big part of the dashboard and is used to control pretty much everything. That screen gives the whole interior quite a clean look, but some people may find it takes getting used to. One practical part of Model Y is its plentiful space for passengers and cargo, making it a good choice for families. To top it off, there is also a panoramic glass roof that gives the inside a light and airy feel.

When it comes to the driving range, it's solid in the Model Y, depending on the variant you get. And, of course, you have access to Tesla's Supercharger network, which makes long road trips a lot less stressful. There are plenty of chargers available in both cities and along major highways with this network. The Model Y is a popular choice for those wanting an electric SUV, and it does many things well. However, some people have noted concerns about the reliance on the touchscreen for all controls. Overall, we highly rate the Model Y.

NOVATED LEASE

Pricing & Specs

Model
Total GST savings
Total tax savings
Engine
Transmission
Body

Model Y Premium Rear-Wheel Drive

$8,640

$27,650

Battery Electric Vehicle (BEV)Reduction Gear

SUV Wagon

Model Y L Premium

$10,348

$33,115

Battery Electric Vehicle (BEV)Reduction Gear

SUV Wagon

Model Y Premium Long Range

$9,674

$30,960

Battery Electric Vehicle (BEV)Reduction Gear

SUV Wagon

Model Y Performance

$11,977

$38,330

Battery Electric Vehicle (BEV)Reduction Gear

SUV Wagon

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