Our Top 5 Most Leased Plug-in Hybrid Vehicles

Are you considering making the switch to a more eco-friendly vehicle but not quite ready to go fully electric? Plug-in hybrids (PHEVs) might be the perfect solution. Combining the benefits of petrol and electric driving, these versatile vehicles are becoming increasingly popular as Australians move towards greener transportation options.

With the Federal Government’s EV Discount available for PHEVs until 31 March 2025, now is the ideal time to explore the best PHEVs on the market. This discount allows you to lease an eligible PHEV through a novated lease, enabling you to make lease payments from your pre-tax salary, potentially reducing your taxable income by thousands.

Just make sure your novated lease agreement is finalised and the car is in your hands before 31 March 2025 to take advantage of the EV Discount.

Here are the top 5 plug-in hybrid vehicles our customers are loving:

1. Mitsubishi Outlander PHEV

The Mitsubishi Outlander PHEV is a standout medium SUV that offers up to 84km of electric driving range, ideal for daily commutes. Its hybrid petrol engine extends your range for longer journeys. Featuring a spacious interior and advanced technology, the Outlander PHEV is perfect for families and daily drivers alike.

2. Mitsubishi Eclipse Cross PHEV

For a sleek and compact SUV, the Mitsubishi Eclipse Cross PHEV provides up to 54km of electric range. Its compact size is perfect for urban driving, yet it still offers generous cargo space and a suite of advanced safety features.

3. MG HS +EV PHEV

The MG HS +EV PHEV is designed with families in mind, offering up to 63km of electric range. Inside, you'll find luxurious Bader Leather sport seats with striking red stitching, a 6-speaker 3D sound system, and a Panoramic Stargazer Sunroof for a premium driving experience.

4. Mazda CX-60 PHEV

The Mazda CX-60 PHEV combines an impressive electric range of up to 76km with a quick 2.5-hour recharge time on an AC charger with a type 2 port. It features advanced technology that adapts to your driving preferences, including automatic seat and wheel adjustments, customisable temperature settings, and facial recognition technology.

5. BYD Sealion PHEV

As BYD's first plug-in hybrid, the Sealion PHEV boasts a 1.5-litre high-efficiency hybrid engine and can travel up to 92km on electric power alone. Packed with features such as keyless entry, heated front seats, a panoramic sunroof, and compatibility with Apple CarPlay® and Android Auto™, the Sealion is a well-rounded choice.

How are plug-in hybrids different from electric cars?

PHEVs offer both electric and petrol driving modes, with most models providing an electric range of under 100km. For longer trips, the petrol engine provides a backup.

Both PHEVs and EVs can be recharged via a wall outlet or dedicated charging station.

Take advantage of the FBT exemption

The Federal Government’s EV Discount provides a Fringe Benefits Tax (FBT) exemption for eligible EVs . This includes running costs, such as servicing and fuel. However, PHEVs will no longer qualify for this discount after 31 March 2025, so now is the time to take advantage of these potential tax savings.

Estimate your savings with our novated lease calculator

Curious about how much you could save with a novated lease? Use our easy-to-use novated lease calculator to get an estimate. Enter your vehicle budget, car type, lease duration, average yearly KMs, and salary to see how much you could save on your new PHEV. Don’t miss out on the opportunity to potentially save thousands in tax and drive a top-notch plug-in hybrid. Explore your options before the EV Discount ends!