SavingsMate

Best EV for Tradies — Novated Lease

The best electric vehicles for tradies, ranked by novated lease value. Costs calculated at $80K salary.

Top 5 EVs for Tradies

RankCarPriceFortnightlyAnnual SavingWhy
#1Ford Ranger$55,990.00$688.38$1,485.66Tray and towing capacity
#2Tesla Model Y$65,900.00$637.69$6,503.78SUV with roof rack options
#3BYD Atto 3$47,381.00$474.08$4,805.86Affordable workhorse SUV
#4Mazda CX-5$42,990.00$534.54$1,190.52Proven reliability for work
#5MG ZS EV$43,990.00$438.38$4,447.18Cheap to run for site visits

#1: Ford Ranger

Why it suits tradies

Tray and towing capacity

Novated Lease at $80K

  • Fortnightly: $688.38
  • Annual saving: $1,485.66
  • 5-year saving: $7,428.30
  • FBT: $5,259.70/yr

#2: Tesla Model Y

Why it suits tradies

SUV with roof rack options

Range: 533 km | Battery: 75 kWh

Novated Lease at $80K

  • Fortnightly: $637.69
  • Annual saving: $6,503.78
  • 5-year saving: $32,518.91
  • FBT: Exempt

#3: BYD Atto 3

Why it suits tradies

Affordable workhorse SUV

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

#4: Mazda CX-5

Why it suits tradies

Proven reliability for work

Novated Lease at $80K

  • Fortnightly: $534.54
  • Annual saving: $1,190.52
  • 5-year saving: $5,952.58
  • FBT: $4,038.48/yr

#5: MG ZS EV

Why it suits tradies

Cheap to run for site visits

Range: 440 km | Battery: 72.6 kWh

Novated Lease at $80K

  • Fortnightly: $438.38
  • Annual saving: $4,447.18
  • 5-year saving: $22,235.89
  • FBT: Exempt

Related Pages

Frequently Asked Questions

What is the best EV for tradies?

Ford Ranger is our top pick for tradies — Tray and towing capacity.

How much does it cost to novated lease an EV for tradies?

On an $80K salary, the top-ranked EV for tradies costs approximately $688.38 fortnightly.

Are all EVs suitable for tradies?

No. Range, charging speed, boot space, and towing capacity vary significantly. Our ranking considers the specific needs of tradies to find the best match.

Is an EV better than a petrol car for tradies?

For most tradies 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 Calculator

Estimates 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.