The combination of falling EV prices and the FBT exemption has made 2025 an excellent time to consider an electric vehicle through a novated lease. Here are our top recommendations across different categories.
Best Value: BYD Atto 3
The BYD Atto 3 offers exceptional value for money with a range of over 400km, a well-appointed interior, and competitive pricing. It's become one of the most popular choices for novated lease customers looking to maximise their savings.
**Key specs:**
Range: 420km (WLTP)
Price: From around $45,000 drive-away
Charging: 80% in 50 minutes (DC fast charging)
Best Premium: Tesla Model 3
The Tesla Model 3 remains the benchmark for premium electric sedans. With excellent range, access to Tesla's Supercharger network, and strong resale values, it's a compelling choice for those wanting a premium EV experience.
**Key specs:**
Range: Up to 629km (Long Range)
Price: From around $55,000 drive-away
Charging: Extensive Supercharger network across Australia
Best SUV: Tesla Model Y
For families or those needing more space, the Tesla Model Y offers SUV practicality with all the benefits of Tesla's technology and charging network.
**Key specs:**
Range: Up to 533km (Long Range)
Price: From around $58,000 drive-away
Charging: 270km of range in 15 minutes at Supercharger
Best Budget: MG ZS EV
For those watching their budget, the MG ZS EV offers electric motoring at an accessible price point while still qualifying for the FBT exemption.
**Key specs:**
Range: 320km (WLTP)
Price: From around $38,000 drive-away
Warranty: 7-year unlimited km warranty
Making Your Choice
The best EV for your novated lease depends on your driving needs, budget, and preferences. Consider factors like:
Your typical daily driving distance
Access to home charging
Need for fast charging on long trips
Interior space requirements
Browse our full range of FBT-exempt electric vehicles and use our calculator to see exactly what you could save.