Volvo XC40 Recharge Pure
Access to a wide range of brand new vehicles at fleet prices – so you don’t have to hunt around or negotiate with a car dealer (we even do all of the paperwork on your behalf).
Prices below are current Novated Lease prices, taking into account the Electric Car Discount Bill 2022.
Currently yes, EVs are more expensive than typical I.C.E. vehicles.
With the new ‘Electric Car Discount Bill 2022’, the amount you save with an EV on a Novated Lease increases dramatically, and the prices drop significantly.
Absolutely not. If anything they’re much more economical.
To drive a petrol car 100kms, would cost approximately $20.81 where fuel is $2 a litre.
To drive a diesel car 100kms, would cost approximately $9.37 where fuel is $2 a litre.
To drive an EV 100kms, would cost approximately $4.50 of electricity. (peak vs offpeak costs vary), and if you have solar installed at home you’ll save even more!
EV’s are also much cheaper to service, and require much less frequent servicing as there’s nowhere near as many moving parts susceptible to breaking, and general wear and tear.
As battery technology continues to improve, so does the average range a new EV can travel on a single charge. You can easily find new EV’s that can travel up to 500kms. That is more than enough, considering most Australians live in metropolitan areas and travel an average of 30-40 kms in their daily journeys.
All electric vehicles must meet the same Australian car safety standards as other vehicles. Also, as the battery is located near to the ground, the cars centre of gravity is much lower, providing much better handling. You’re also not carrying around a tank full of petrol.
There are a few points to consider about EV’s and their green status:
It is pretty much like leasing a car on 100% operating costs without the need to keep a log book. The total running costs of your car is deducted from your salary before tax which reduces your taxable income.
Rebates differ from state to state.
Queensland’s EV policies include:
The Northern Territory Government has developed an EV strategy and implementation plan, which includes a range of actions over the next 5 years.
From 1 July 2022 to 30 June 2027, the NT Government will waive:
From 1 July 2022, the Electric Vehicle Charger (Residential and Business) Grants Scheme will be available to owners of EVs to buy and install EV chargers, with a total of $300,000 being committed. This includes 100 residential grants of $1,000 and 80 business grants of $2,500.