Model Y Novated Leasing From $160/Week | HeroScoop Tesla Australia now offers Novated Leasing From $160 per Week for Model Y. What the $160 figure may include? A novated-lease advertisement usually calculates the employee’s estimated after-tax impact, rather than showing the vehicle’s full finance repayment. The estimate may depend on: Your annual salary and marginal tax rate. The exact Model Y variant and drive-away price. Lease term, residual value and interest rate. Annual kilometres. Insurance, registration, tyres, servicing and charging budget. Employer payroll arrangements. Whether the quote assumes a particular deposit, trade-in or promotional discount. Calculations are based on a drive away price of $96,204, a $100,000 salary (before tax, excluding superannuation) at a 7.70% interest rate, NSW registration, over a 60-month novated lease with ATO standard residual value of 28.13%. 
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