Drive Car of the Year 2026 Winner
Tesla Model Y
Rear Wheel Drive Auto
Weekly pricing as low as*
$221
From the racetrack to your driveway: Drive’s Car of the Year 2026 is here.
In partnership with Drive, Oly is thrilled to unveil Drive’s Car of the Year! After months of rigorous testing, road trials, and careful evaluation, the moment has finally arrived. The results are in, and Oly is proud to announce that Tesla Model Y has claimed title of Drive’s Car of the Year 2026.
2026 Drive car of the year overall winner - Tesla Model Y
The 2025 Model Y boasts a 466km range, 9-speaker stereo and a subwoofer, internet connectivity and wireless charging for compatible devices. Safety systems include crash avoidance braking at both high and low speeds, and front, rear, and side view cameras for graphical display parking assistance. It’s also got a pollen and charcoal air quality filter (odour reducer), voice recognition technology, a tinted glass roof, regenerative braking, and 19-inch alloy wheels. Nice!
*&^ Offer ends 31 March 2026
Key features
- 5 door SUV
- AC255kW electric motor
- 60.0 kWh battery capacity
- Rear wheel drive
Say hello to the 2026 Drive Car of the Year, proudly brought to you by Oly.
Meet some of the category winners
Best Electric Vehicle under $60k
Tesla Model Y
Rear Wheel Drive Auto
Weekly pricing as low as*
$221
Estimated tax savings
$33,974^
Best Electric Vehicle under $40k
BYD ATTO 2
Dynamic
Weekly pricing as low as*
$135
Estimated tax savings
$20,217^
Best Dual-Cab Ute under $90k
Ford Ranger
Sport Auto 4x4 MY26 Dbl Cab
Weekly pricing as low as*
$354
Estimated tax savings
$15,207^
Best Off-Road SUV under $90k
Ford Everest
Sport Auto FullTime 4WD DR
Weekly pricing as low as*
$410
Estimated tax savings
$16,788^
Who's Oly?
Oly is the new way employees of small and medium businesses can get into their dream new car with a novated lease.
Backed by one of Australia’s largest and most trusted novated leasing providers MMS, Oly makes it EV-peasy to unlock the EV Discount and get an electric car for a petrol car price tag.
From quote to behind the wheel, Oly's digital platform makes the entire leasing process a DIY breeze. A few clicks and you’re set - no paperwork, no fuss.
What's novated leasing?
A novated lease is a super nifty way of financing a car while enjoying some sweet tax saving opportunities. You get to pay for your car and its running costs using part of your before tax salary (or entirely from your before tax salary for an eligible EV). This could mean thousands of tax savings every year - cha-ching!
Plus, those pesky car-related expenses (like petrol or charging, rego, insurance, servicing and tyres) get bundled into one cruisy regular payment. Farewell bill overload!
Discover how a novated lease could help you save on tax. Oly can show you the way.
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Start your engines
You don’t need to work for a big company to get big benefits, but to be eligible for an Oly novated lease you do need to be:
- Employed full-time, part-time or self-employed
- Earning a set salary (AKA not unemployed, retired, or a ride share driver)
- Looking for a car for personal use
Fill out this form to kick things off, then check your inbox for a link to create your Oly login to apply online (hint: check your spam/junk folder).
*&^ Terms and conditions
*All eligible vehicles must be ordered before 31/03/26 (unless extended), or while stocks last. Displayed price is only available through a novated lease administered by Oly in Queensland. Government duties and charges may vary the weekly pricing in other states and territories. Weekly costs have been determined based on the following assumptions: 1) The lease is a Oly fully maintained lease, 2) A 5 year term, 3) A residual value of 28.13% of the vehicle purchase price payable at the end of term, 4) Inclusion of finance and budgeted costs for: fuel or electricity, 4 replacement tyres, maintenance, roadside assistance, registration, CTP and comprehensive insurance, 5) Gross annual salary is $90,000. 6) Vehicle purchased in QLD, 7) 15,000km per annum, 8) Salary Sacrifice using Employee Contribution Method (ECM) or Fringe Benefits Tax Exempt Method. The Fringe Benefits Tax Exempt Method is only used for eligible electric vehicles under the luxury car tax threshold of $91,387. The indicative price quoted for the novated lease is based on vehicle quotations received within the last 45 days and does not include any optional extras. Any optional extras that you choose will affect the cost of the novated lease and residual value. If you purchase the vehicle on termination of the novated lease, GST will apply on the purchase price you pay at that time. The novated lease offer is based on the assumption outlined above, and is an indicative cost approximation of the selected vehicle and model shown and the amounts may change at the time the novated lease quotation is completed and finalised. Your individual circumstances have not been taken into account as this will affect the overall weekly cost amount and the benefits of a novated lease. These specials cannot be used in conjunction with any other offer.
^ Savings shown are indicative and reflect estimated tax savings over the full-term of the lease. The total amount saved is a comparison between a novated lease based on the assumption outlined above and the purchase of a vehicle and payment of running and maintenance costs using post-tax earnings. Actual savings will depend on your personal circumstances. Oly recommends that you seek independent financial and taxation advice.
#Please note that stock levels vary from time-to-time and so certain vehicles may not be available at the time of enquiry.
Things you need to know: This general information doesn’t take your personal circumstances into account. Please consider whether this information is right for you before making a decision and seek professional independent tax and financial advice. Conditions and fees apply, along with credit assessment criteria for lease products. The availability of benefits is subject to your employer’s approval. Oly may pay and/or receive commissions in connection with its services. Actual vehicle prices are based on specific vehicle and accessories, prices and savings may vary based on additional options selected with vehicle. Oly does not act as your agent or representative in respect of the purchase or lease of any vehicle. Oly does not provide any advice or recommendations in relation to the purchase or lease of any vehicle.
Please note: The content of this page is provided to you on the condition that you undertake all responsibility for assessing the accuracy of the content. Oly gives no guarantee and accepts no liability for the quality, safety or standard of motor vehicles or parts referred to or the truth or accuracy of the information contained on this page except to the extent required by law including, but not limited to, consumer guarantees under the Australia Consumer Law. You acknowledge that any images shown on this page are for illustration purposes only and may not be an exact representation of the motor vehicle on offer. The specifications you choose may affect the price you pay.