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The Guardian - AU
The Guardian - AU
National
Toby Hagon

How a novated lease can save you thousands on an electric vehicle

Woman charging an EV
A novated lease for an EV involves a three-way arrangement between you, your employer and a leasing company or financial institution. Photograph: Getty

Price is often a barrier for people looking to buy their first electric vehicle.

But increasing numbers of Australians are asking if they really need to own their EV before getting behind the wheel.

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