Tesla and BYD top rankings as FBT exemption triggers demand for EV leases

Electric vehicles are making up a sizeable portion of new novated leases, according to a business update from one of the major players in the industry,

Vehicle leasing company FleetPartners says that almost half their Novated leases in June were electric vehicles (EVs) or plug in hybrids.

EVs also made up more than a third of the $65 million leases written in the second three months of 2023, with an average EV lease valuation of $69,000. That translates into…

Continue reading this news update.

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