Eventually, the world will turn toward 100% zero-emission vehicles – a promise which many countries have already pledged to do. The UK, Italy and Canada, for example, have all agreed to ban internal combustion engine cars by 2035. Seems pretty close, right? With the majority of countries having also committed to entirely producing zero-emission vehicles within the next 20 years, it’s no doubt that Australia will also catch up.
Though hybrid cars can’t be distinguished by looks, and certainly can’t be distinguished by sound (because they’re near silent), there are different types of hybrid models that use different technology. In this post, we’ll go through four main types of hybrid EVs and discuss their differences.
Entering a novated lease on your vehicle of choice entitles you to claim fuel costs against your taxable income, saving you a heap of dosh come tax time. High fuel prices may be temporary, but driving a hybrid or EV could be a permanent solution, no matter how high the cost of petrol. You won’t have to buy into ridiculously high petrol prices when your car can run on electricity.
One of the most beautiful things about getting a novated lease is that you can claim all expenses against your taxable income so that, at the end of the financial year, you’ll pay less tax. And what’s one of the main expenses of running a car? You guessed it. Petrol. There are plenty of ways of keeping track of your fuel spending when you’re on a novated lease.
Since Russia’s invasion of Ukraine, Australia and the rest of the world have imposed heavy sanctions on Russia’s exports, including oil. In other words, we stopped buying cheaper oil from the world’s second-largest oil producer, Russia. This means we’ve had to source our oil elsewhere, driving up the price by a mile.
