Business EV Finance.
Buying an EV for the business, or want to offer one as a salary-packaged benefit? We find the right structure across 60+ lenders - chattel mortgage, finance lease, or an FBT-exempt novated lease - and handle everything from comparison to settlement.
Get a free quote
Won't affect your credit score.
What can we help you with?
What We Offer
Business EV finance - every structure explained
Electric vehicles open up a structure most petrol and diesel vehicles can't - an FBT-exempt novated lease. Here's what's available - we'll tell you which one fits your situation.
Chattel Mortgage
Own the EV from day one, with the vehicle itself as security. Claim GST upfront and depreciate the asset over time - the same tax treatment as any business vehicle.
Novated Lease (FBT-Exempt)
The standout EV benefit. An employee's lease payments come from their pre-tax salary, and an eligible electric vehicle pays $0 Fringe Benefits Tax - a genuine perk that costs the business little to nothing extra.
Hire Purchase
Fixed repayments with a clear path to ownership at the end of the term. A straightforward structure for businesses that want to budget around a known monthly cost.
Finance Lease
The lender retains ownership during the term and your lease payments are fully tax deductible. Keeps the EV off your balance sheet while you use it.
EV Fleet & Charging Finance
Finance multiple electric vehicles alongside the depot or workplace charging infrastructure that supports them - compared and structured together, not as an afterthought.
Operating Lease
An all-in structure bundling finance with maintenance and registration. Fixed monthly cost, no residual value risk, and the EV stays off your balance sheet.
Run The Numbers
Calculate your business EV finance repayments
Enter your loan details
Estimated monthly repayment
$939.20
No impact to your credit score
Estimates only, based on the example rate and the figures you enter. Assumes a fixed-rate principal & interest loan over the full term, plus a lump-sum balloon payment due at the end. Your actual rate, structure and repayments will depend on your circumstances and the lender, so get in touch for a tailored quote.
The Process
How to get business EV finance - from first call to plugged in
Tell Us About the EV
Share the make and model you're after - or whether you want to offer novated leasing to your team - plus your business situation. Takes less than 5 minutes.
We Search 60+ Lenders
Our team compares chattel mortgage, lease, and novated lease structures across our full panel, including lenders with dedicated EV pricing.
Get Approved & Plugged In
We handle the paperwork and liaise with the lender directly. Most approvals are confirmed within 24–48 hours.
EV Types
What can you finance with business EV finance?
If it plugs in and runs your business, we can likely finance it. Here's what we work with most:
Don't see your vehicle type? Get in touch - we finance a broad range of electric and hybrid vehicles. Financing an EV for yourself rather than your business? Visit our personal car finance page instead.
Requirements
How to Qualify for Business EV Finance
Most Australian businesses are eligible to finance an EV outright. Here are the key requirements lenders look for - our team will guide you through every step.
- Registered business in Australia (ABN)
- Minimum 6 months trading history
- Good credit history
- Tax File Number (TFN)
- Recent financial statements or BAS
- Valid driver's licence for nominated drivers
Don't meet all criteria? Talk to us anyway - we work with specialist lenders who can accommodate start-ups, low-doc and adverse credit scenarios. Setting up a novated lease for yourself or a staff member instead? Eligibility is based on the employee's income and employment - not the business's trading history - and we can help structure it even if your employer hasn't offered novated leasing before.
Not sure if you qualify?
Our team reviews hundreds of applications - including novated lease setups. Tell us your situation and we'll give you an honest assessment - no obligation, no credit check just to chat.
Get a Free AssessmentWhy Go Electric?
Why businesses are financing EVs
Tax Benefits
Claim GST credits and depreciation on a business-owned EV, or structure a novated lease that pays zero Fringe Benefits Tax for an eligible employee.
Lower Running Costs
EVs typically cost less to fuel and maintain than petrol or diesel equivalents - savings that show up in your cash flow for the life of the finance term.
Staff Attraction & Retention
An FBT-exempt novated EV is a genuine, low-cost benefit that helps small and mid-sized businesses compete for talent against bigger employers.
Flexible Structures
Chattel mortgage, lease, or novated lease - each plan is matched to your tax position and cash flow, not pushed because it's the easiest to approve.
Future-Proof Your Fleet
Access the latest EV models and technology without the large upfront capital outlay of buying outright.
Preserve Cash Flow
Spread the cost of the vehicle - and the charging infrastructure - across manageable repayments instead of one large purchase.
Why Co-Pilot
Why Co-Pilot - not just any broker
Here's what makes the difference when you choose a broker who understands both vehicle finance and novated leasing.
We work for you, not the lender
As a broker, our job is to find the best outcome for your business - not push a product. We compare the full market and recommend what actually fits.
Every structure compared, including novated lease
We model chattel mortgage, lease, and novated lease against your situation - including the FBT position - instead of defaulting to whichever is easiest to approve.
Lender relationships that move fast
Our panel relationships, including specialist EV and salary packaging providers, mean faster decisions and genuine advocacy when your application needs more than a form submission.
No hidden costs
Transparent fees and clear communication at every step. You'll always know exactly what you're signing before you commit.
Hear What Our Clients Are Saying
“I had an excellent experience with Sarah. She guided me through the finance process for my Honda Fit and made everything simple and transparent from start to finish. The approval was fast, and her customer service was genuinely the best I’ve experienced. She took the time to explain my options, answered all my questions, and made sure everything went through smoothly. I really appreciated her professionalism and friendly approach. Highly recommend her if you’re looking for finance support.”
Dinith G
FAQ
Common Questions About Business EV Finance
Ready to plug in your business? Let's get it financed.
Tell us about the EV you need - or the novated lease you want to offer - and we'll find the right structure across 60+ lenders and fight for your approval. Most applications done within 48 hours.