article thumbnail

Porsche Will Pay You $4,500 To Switch From A Tesla To A Taycan 

Carscoops

Porsche is offering to pay up to $4,500 of Taycan lease payments to drivers who switch from another make of car. The deal covers between one and two months of lease expenses depending how long the drivers have left on their current deal.

article thumbnail

How you can save by getting an EV on a novated lease

CarExpert

Not only that, but novated lease payments include running costs such as insurance, servicing, fuelling or charging, tyres, and registration. Novated leasing usually reduces your tax obligations, but it’s considered a fringe benefit. Weekly payment (incl. There are a few more things to know about novated leasing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Rivian R1S Now Available For Lease, But It’ll Cost You

Carscoops

The models available for lease are pre-configured on Rivian’s website, and the most affordable option we found (equipped with a large battery pack, quad-motor, and 21-inch wheels) is priced at $93,750. This translates to an estimated monthly lease payment of around $1,056 on a 36-month term.

Lessee 105
article thumbnail

Ford Enters EV Price Wars, Cuts Mustang Mach-E Prices By Up To $8,100

Carscoops

Additionally, leased vehicles qualify for a $7,500 cash incentive, which is applied to reduce the lease payment. .” Furthermore, according to Ford spokesperson Marty Gunsberg, Ford is providing 0% financing for 72 months to eligible buyers.

article thumbnail

Mitsubishi Triton Loses Payload Capacity To Gain More Buyers In Australia

Carscoops

As reported by our colleagues at CarExpert , the novated lease is a three-way agreement between the lease, their employer, and a finance or leasing company. In short, the lease payments are automatically deducted from one’s salary, which is why the employer is involved with the deal.

Buyer 111
article thumbnail

What is novated leasing, and how does it work?

CarExpert

Making lease payments before tax is deducted reduces your obligations by $3300 per annum or $16,500 over a five-year lease period. While five years is the period chosen in this example, generally novated lease providers let you opt for periods between one and five years. So, should you consider a novated lease?

article thumbnail

Cupra reaches delivery milestone in Australia as PHEV sales spike

CarExpert

Treasury figures claim an employer could save up to $9000 in calculated FBT payments on a hypothetical $50,000 EV or PHEV provided to an employee. For the same vehicle, individuals sponsored by their employer for a novated lease (payments made by the employer on the employee’s behalf, pre-tax) can save up to $4700 a year.