What This Means for You
This update is expected to impact a wide range of models—especially hybrid and plug-in hybrid vehicles that fall between the old and new thresholds. Only a small number of ultra-efficient or electric vehicles will continue to qualify for the higher LCT threshold.
If you’re planning a vehicle purchase or lease in the 2025–26 financial year, now is the time to review your options.
How Prosperity Smart Drive Can Help
With a novated lease through Prosperity Smart Drive, you may still be able to reduce the overall cost of vehicle ownership, even if your chosen vehicle is now subject to LCT. Our leasing specialists can help you:
Looking for smarter ways to drive your next vehicle?
Speak to Prosperity Smart Drive about a novated lease tailored to your situation.
What This Means for You
This update is expected to impact a wide range of models—especially hybrid and plug-in hybrid vehicles that fall between the old and new thresholds. Only a small number of ultra-efficient or electric vehicles will continue to qualify for the higher LCT threshold.
If you’re planning a vehicle purchase or lease in the 2025–26 financial year, now is the time to review your options.
How Prosperity Smart Drive Can Help
With a novated lease through Prosperity Smart Drive, you may still be able to reduce the overall cost of vehicle ownership, even if your chosen vehicle is now subject to LCT. Our leasing specialists can help you:
Whether you’re looking to maximise tax savings, simplify your car expenses, or switch to an EV, Prosperity Smart Drive can help you find the right novated lease solution.
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