Best EV for Teachers — Novated Lease
The best electric vehicles for teachers, ranked by novated lease value. Costs calculated at $80K salary.
Top 5 EVs for Teachers
| Rank | Car | Price | Fortnightly | Annual Saving | Why |
|---|---|---|---|---|---|
| #1 | BYD Dolphin | $38,890.00 | $397.23 | $4,012.05 | Best value on a teacher salary |
| #2 | MG 4 | $38,990.00 | $394.15 | $3,988.27 | Affordable and practical |
| #3 | Toyota Corolla Cross Hybrid | $37,990.00 | $457.62 | $929.31 | Hybrid saves on fuel |
| #4 | Hyundai Kona EV | $54,500.00 | $534.62 | $5,438.91 | Reliable daily driver |
| #5 | BYD Atto 3 | $47,381.00 | $474.08 | $4,805.86 | Room for school supplies |
#1: BYD Dolphin
Why it suits teachers
Best value on a teacher salary
Range: 427 km | Battery: 44.9 kWh
Novated Lease at $80K
- Fortnightly: $397.23
- Annual saving: $4,012.05
- 5-year saving: $20,060.25
- FBT: Exempt
#2: MG 4
Why it suits teachers
Affordable and practical
Range: 450 km | Battery: 64 kWh
Novated Lease at $80K
- Fortnightly: $394.15
- Annual saving: $3,988.27
- 5-year saving: $19,941.35
- FBT: Exempt
#3: Toyota Corolla Cross Hybrid
Why it suits teachers
Hybrid saves on fuel
Novated Lease at $80K
- Fortnightly: $457.62
- Annual saving: $929.31
- 5-year saving: $4,646.53
- FBT: $3,568.78/yr
#4: Hyundai Kona EV
Why it suits teachers
Reliable daily driver
Range: 490 km | Battery: 65.4 kWh
Novated Lease at $80K
- Fortnightly: $534.62
- Annual saving: $5,438.91
- 5-year saving: $27,194.55
- FBT: Exempt
#5: BYD Atto 3
Why it suits teachers
Room for school supplies
Range: 420 km | Battery: 60.5 kWh
Novated Lease at $80K
- Fortnightly: $474.08
- Annual saving: $4,805.86
- 5-year saving: $24,029.28
- FBT: Exempt
Related Pages
Frequently Asked Questions
What is the best EV for teachers?
BYD Dolphin is our top pick for teachers — Best value on a teacher salary.
How much does it cost to novated lease an EV for teachers?
On an $80K salary, the top-ranked EV for teachers costs approximately $397.23 fortnightly.
Are all EVs suitable for teachers?
No. Range, charging speed, boot space, and towing capacity vary significantly. Our ranking considers the specific needs of teachers to find the best match.
Is an EV better than a petrol car for teachers?
For most teachers scenarios, yes. EVs cost 60-70% less to run per kilometre and qualify for FBT exemption on novated leases, saving thousands per year.
What salary do I need for an EV novated lease?
Any salary works, but you see meaningful savings from around $50,000. The sweet spot is $80K-$120K where the 30-37% marginal rate creates significant tax savings.
Want exact numbers for your situation?
Use our full novated lease calculator with your exact salary, car price, and lease term.
Open Novated Lease CalculatorEstimates based on 2025-26 Australian tax rates. Actual savings depend on your employer arrangement, residual value, and exact running costs. Car prices are drive-away estimates and may vary by dealer. This is general information only, not financial advice. Consult a financial adviser for personal guidance.