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Escape the ordinary

BMW leads the Australian market for choice when it comes to battery electric vehicles (BEVs), with seven fully electric models in its range.

Of those, six are priced under the EV luxury car tax threshold and eligible for the generous Australian Government Electric Car Discount scheme* exempting them from Fringe Benefits Tax.

What does this mean for novated drivers? Paying the car’s running costs entirely from pre-tax dollars, saving thousands each year in income tax and GST.

One of the brand’s core focuses for its highly specced line-up was to ensure all models could charge from 10-80% in around 30 minutes. It also offers an 8-year/160,000km battery warranty. Explore BMW electric below.

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100,000 Qantas points



Disclaimer

This page provides general information only. As the information is of a general nature, it does not take into account your personal or financial circumstances and is not a substitute for financial advice. SG Fleet recommends you obtain independent financial and taxation advice before acting on the information provided. SG Fleet Group is not the supplier or manufacturer of the vehicles and does not take any responsibility for the vehicles or the information about the vehicles contained in this page. You should make your own independent assessment of the vehicles and other sources of information.

Electric Car Exemption​

*The Treasury Laws Amendment (Electric Car Discount) Act 2022 received Royal Assent on 12 December 2022. Under this enacted legislation certain zero or low emission cars held and used on or after 1 July 2022 will be exempt fringe benefits where provided by an employer to an employee where the first retail sale of the car is below the prevailing luxury car threshold for fuel efficient cars which is currently $89,332. Further limited guidance on the application of the above exemption can be found on the ATO website. A Customer considering entering into a novated lease for an electric car should seek their own independent tax, financial and legal advice regarding any proposed arrangement including the impact of such an arrangement from a salary sacrifice and reportable fringe benefits perspective. SG Fleet Group is not providing the Customer with legal, tax and financial advice regarding the purchase and financing of an electric car.​