Estimated tax savings
$33,216^
Mid-size, full-strength electric
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 20 September 2025
Key features
- 5 door SUV
- AC255kW electric motor
- 60.0 kWh battery capacity
- Rear wheel drive
What’s included in your payment…
Car finance
Car payments that are automatically taken out of your salary every time you get paid, without having to think about it? How easy is that!
Registration
If you’ve ever had a car, you’ll know those annual rego bills are a nightmare. Not anymore. They’re included in your regular Oly payment.
Servicing
Keep your car happy and healthy with all its scheduled services and check-ups, all included in your payment.
Charging
Running an electric car is already generally much cheaper than a petrol car, and with a novated lease any recharges at public charging stations - plus the electricity for metered home charging - can be included in that one regular payment taken from your before-tax salary. EV-peasy!
Insurance
Few things in life are as boring as insurance. With a novated lease, your car insurance can be bundled into your regular lease payment so you don't have to think about it.
Pretty much everything else
Tyres, oil filters, roadside assistance, even the odd car wash… it can all be covered with Oly so you can focus on planning your next road trip.
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
The $3,000 Novated Lease Incentive applies to eligible new and demonstrator Model Y vehicles, ordered by 20 September 2025 and delivered by 30 September 2025 (unless extended).
The offer has been provided by Tesla Motors Australia, Pty Ltd ABN 68 142 889 816 (Tesla). This offer is only available through a Novated Lease with a secured credit approval. Purchases of used vehicles and purchases made by business customers (including fleet, enterprise, rental and government customers) are not eligible for this offer. If eligible, once credit approval has been obtained, the incentive will be applied directly to the final invoice as a reduction in the vehicle purchase price. This offer cannot be applied retroactively after delivery. This offer is not redeemable for cash and cannot be used in conjunction with any other offer.
All eligible vehicles must be ordered before 20/09/25 (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