Save $22,165 on the byd shark 6 before fbt exemption ends april 2025
Save $22,165 on the byd shark before fbt exemption ends april 2025

5 Months left for HUGE Savings on Plug-in HybridS (PHEVs).

Get in before 31st March 2025 to save an average of 30-40% on any Plug-In Hybrid Clear Lease with the FBT Government Exemption.
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Play Podcast: The End of the PHEV Exemption
Clear Lease
https://clearlease.com.au/wp-content/uploads/2024/10/PHEV-Podcast.mp3
PHEV Podcast
Clear Lease
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Our Average Score on Google Reviews is 5 out of 5 Stars
Over 1000 Customers have saved $10.37M in tax in the last year
We are already partnered with some of Australia's largest employers
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A GIF that shows a Calendar of April 2025, when it gets to April 1st, we see that PHEVs are no longer exempt from the Fringe Benefits Tax.

What Will Change from 31st March?

You may or may not know that the Australian Government has been rewarding those who move toward electric and plug-in hybrid cars.

They have done this by removing the fringe benefit tax (FBT), making EV's and PHEV's 30-40% cheaper on a lease.

This FBT exemption is set to expire on 1 April 2025.

From then, only fully electric cars will qualify for this tax incentive, and plug-in hybrids will go back to being fully taxed like any normal gas vehicle.

If your thinking about getting a PHEV, now is the time to act.

The Impact of the Change

You FBT exemption for PHEVs makes a big difference to their weekly cost. We've crunched the numbers to highlight just how big the difference is across some of the most popular PHEV's of 2024.

For the most part, the average lease price on plug in Hybrids will go up 30-40%.

They can still be salary packaged after March 2025, but there's no denying the price benefits to getting in now.

How does Novated Leasing work?

Novated leasing is one of those terms that can make people switch off a little bit, but it's actually a pretty simple concept when you break it down.

We arrange (with your employer) for your cars expenses to come directly from your pre-tax salary, essentially giving you a discount on all car related costs, and leaving you with significantly more disposable income every week.

This used to just be something offered as a company perk to employees at fancy big firms, but Clear Lease makes it available to (almost) everyone.

Same Car. Almost Half the Cost.

Novated Lease on the 2024 Mitsubishi Eclipse

Assuming you get paid $110,000/year, you'd normally get paid $1,614/week after tax.

By bundling the Eclipse finance and ongoing costs into a Novated Lease, you be left with $1,422.32/week.
Making the real cost to you $192.07/week.
See the full price breakdown

Standard Loan (7.5%) on the 2024 Mitsubishi Eclipse

Assuming you get paid $110,000/year, you'd normally get paid $1,614/week after tax.

Getting the Eclipse with a Loan and paying for ongoing costs normally, you'd be left with $1,243.68/week.
Making the real cost to you $370.35/week.
See the full price breakdown

Trusted by our partners to get Australia moving for less.

We are proudly Australian family owned and operated, with over 40 years’ finance and insurance experience, supporting Australian employees and businesses to reach their financial goals.

Our heritage is in specialised finance and insurance services. We think outside the box, push to set new standards in delivery, and invest in enduring partnerships, allowing us to leverage and negotiate the best deal possible.

Our partnerships mean better buying power on new cars, and better finance options from the largest panel of lenders.

Trusted by our drivers to do the right thing.

We're proudly founded on complete transparency and outstanding service.

That means unlike the big guys, we go out of our way to ensure no hidden fees, no nonsensical clauses designed to trip you up, and if your car ever has an issue we measure our resolution time in minutes, not weeks.

Clear Lease
5.0
(62 reviews)
Verified by Google
"Yul has an amazing helpful and positive attitude.

He made the process very easy to understand and the best thing was, it was all done and approved in a timely manner.

We were told by other leasing companies it could take up to 3-4 weeks or longer to get 'onboarded'. Not to mention, Yul made sure he called me every day to give me updates.

Their customer service is fantastic."
From Peter on
"Great service from the start.  Easy online processing of claims.  Great support when required and a proactive team.  

Nearly 3 years without a hiccup."
From Stuart on
"I am shocked at how easy this whole process was.

Arrel walked me through the process from start to finish and I cannot recommend him enough.

No question was silly, he ensured I knew what was required and he was always such a friendly person to deal with.

In 5 years when my novated lease is up, I hope that Arrel is there to walk me through the process again."
From Anna on
"I recently had the pleasure of securing finance for our second novated lease with Clear Lease and I couldn't be more satisfied with the experience.

Not only did they offer competitive rates, but they also tailored the package to suit my specific needs.

Their customer service was outstanding, quick responses, clear communication, and no hidden fees. I felt confident and well supported every step of the way.

Thank you to Yul, Jing and the Clear Lease team."
From Roger on
"We were quite apprehensive about the leasing process as it was our first time buying a car via a leasing agent.

Yul from clear lease provided clarity about the leasing process and was extremely patient with the numerous questions we had.

He provided us with quotes for several cars and models and was transparent about what’s covered in the lease and what’s not.

Yul was a delight to deal with and we will definitely go to him if we are leasing another car."
From Hari on
"48 hours after my initial phone call I had approval, employer sign off and transfer of funds…and matched my lowest quote. Thank you."
From Brett on
"I've now leased two vehicles through Clearlease and couldn't be happier with the experience!

The after-lease process is just as good with any queries I've raised re maintenance, insurance, fuel etc managed fuss-free. Their customer portal is a breeze to use.

Well done Arrel and Clear Lease!!"
From Greg on
"I can't recommend Yul highly enough for his exceptional assistance in securing a Novated Lease that perfectly matched my employer requirements.

His dedication to my needs was truly remarkable. Despite facing some legal hurdles, we managed to settle the funds in under a week, which is impressive!

Having purchased my second car with Clear Lease, I can confidently say that I am a delighted returning customer. If you're looking for top-notch service and results, look no further!"
From Maxim on

Time is running out.

If you're even remotely exploring a PHEV, now is the time to consider a novated lease.
The savings are extremely significant, but with the FBT exemption expiring in April 2025, the window of opportunity is closing.

Don't let this opportunity pass you by.