Luxury cars eligible for significant tax savings
Luxury cars under the LCT limit
Drive luxury for less
At Novated Lease Australia, we connect you with premium vehicles under the Luxury Car Tax (LCT) threshold, so you get the elegance and performance of a luxury car without the extra tax burden.
We’ve selected a range of electric vehicles, ranked by popularity in Australia, that fall under the Luxury Car Tax (LCT) threshold, making them eligible for significant tax savings when purchased with a novated lease.
What Is the LCT Limit?
The Luxury Car Tax (LCT) is a tax on vehicles priced above a certain threshold – currently $91,387 for fuel-efficient vehicles and $80,567 for others (as of 2024-25).
Most popular
Discover top-choice electric vehicles like the Volvo EX40, BMW iX1, and Mercedes-Benz EQA. These models offer impressive tax savings—up to $62,572—and start from just $218 per week, making them favorites among Australian drivers.
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Emerging favourites
Explore rising stars such as the BMW i4, Mercedes-Benz EQB, and Polestar 4. These EVs combine luxury and efficiency, with weekly payments beginning at $249 and tax benefits reaching up to $61,161.
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Gaining popularity
Consider the BMW iX3, Mercedes-Benz EQE350, and Audi Q4 e-Tron—vehicles that are quickly becoming popular choices. Enjoy substantial tax savings, up to $61,936, with lease options starting from $285 per week.
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* Vehicle pricing is based on a $100,000 salary, NSW registration, 75,000 kms travelled over a 60 month lease with ATO standard residual. Budgeted running costs for fuel/charging, tyres, maintenance, insurance, registration and CTP. Actual terms may vary based on individual circumstances, credit criteria, location, and changes in regulations or market conditions.
Drive away in luxury, leave the tax behind
With a novated lease on vehicles under the LCT limit, you’ll pay less and enjoy more. Talk to a novated lease expert and get your quote today.
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