Ludicrous Feed's video: Electric Vehicle Novated Lease Model 3 Australia Case Study FBT exempt

Real world case study of Tesla Model 3 purchase in Australia using novated lease with fringe benefit exemption applied on vehicle and associated running costs. Walkthrough of lease repayments and savings compared to outright purchase by Tesla Tom of Ludicrous Feed in Sydney Australia September 2023 Electric Vehicle Novated Lease Model 3 Australia Case Study FBT exempt Australian Tax Office | Fringe Benefits Tax - Electric cars exemption https://www.ato.gov.au/Business/Fringe-benefits-tax/Types-of-fringe-benefits/fbt-on-cars,-other-vehicles,-parking-and-tolls/electric-cars-exemption/ Looking for a Novated Leasing Company? Email me: tom@ludicrousfeed.com for a recommendation including a referral bonus! (Australia wide) ===== 00:00 Introduction 00:15 ATO Electric cars FBT exemption 00:28 Eligibility 01:07 Zero or low emissions vehicle definition 01:30 Plug-in hybrids 01:59 “held and used” 02:15 Under the LCT threshold 02:25 Associated car expenses 02:38 Case study walkthrough 03:18 Driveaway costs 05:32 Lease payments walkthrough 09:43 Saving compared to cash purchase 12:47 Downsides of novated leasing 14:39 Summary ===== SUPPORT LUDICROUS FEED Use my referral link to purchase a Tesla product and get cash off and other exclusive benefits: https://www.tesla.com/en_AU/referral/thomas7208 Become a Channel Member to access exclusive perks! https://www.youtube.com/channel/UC2TWeqcaGYMobKoHiMtQNHQ/join PayPal: @teslatom or https://paypal.me/teslatom ===== EXCLUSIVE LUDICROUS FEED OFFERS Official Ludicrous Merch Store https://shop.spreadshirt.com.au/ludicrousfeed/ Driva EV Loan Specialists https://pages.driva.com.au/p/ev-loan?utm_source=youtube&utm_medium=referral&utm_campaign=ludicrous-feed&category=referral Jowua Tesla Accessories | Code TESLATOM5 5% OFF sitewide https://www.jowua-life.com/ EVSE Australia | Code TESLATOM 5% OFF sitewide https://evse.com.au/ evee Tesla Car Sharing | Code TESLATOM $30 OFF 1st rental https://evee.com.au/teslatom Otrifowd Tesla Sunshades & Accessories | Code TESLATOM 10% OFF sitewide https://otrifowd.com/ Hansshow Tesla Accessories & Modifications | Code TESLATOM 15% OFF sitewide https://www.hautopart.com/ EVBASE Tesla Wheel Covers & Accessories | Code TESLATOM 15% OFF sitewide https://www.evbase.com/ Powershop Get $$ off your energy bills by switching to Powershop using my unique link: https://secure.powershop.com.au/r/thomasg-meuyz2P?p=981 My account number: 830426943 ===== ABOUT LUDICROUS FEED Ludicrous Feed demonstrates the benefits of Tesla and electric vehicle ownership coupled with renewable energy household products from an Australian perspective. Our family owns a Model S and Model Y while our Tesla PowerWall 2 battery and solar panels help to reduce our reliance on grid electricity. This YouTube channel aims to encourage others to look at an electric vehicle for their next purchase as well as investing in renewable energy technology such as solar panels and battery storage for their home. ===== CONTACT LUDICROUS FEED Website https://www.ludicrousfeed.com/ Twitter https://twitter.com/LudicrousFeed Instagram @ludicrous_feed Facebook @ludicrousfeed LinkedIn www.linkedin.com/in/ludicrousfeed98 Podcast https://ludicrousfeed.buzzsprout.com/ Email tom@ludicrousfeed.com