1 in 2 Australians would only switch to an EV through their employer
Freedom Cars say YES when banks say NO is expanding throughout Australia Proven systems are the structure of Freedom Cars that ensure efficient, professional service and professional marketing plans. The systems have been developed and refined by our team over the past 16 years. With no lock in contracts customers are catered for with any vehicle option that suits their needs and an opportunity to help repair credit scores.
Electric vehicle prices in Australia remain high, starting at twice the cost of low-budget petrol cars and many priced at six figures.[1][2] Now, results from a new survey have revealed that, while price is the major purchase barrier for 84 per cent of Australians, 46 per cent would consider switching to an EV in an arrangement with their employer.
Freedom Cars offers more than just association with a distinctive brand; we offer support and proven systems that will position new franchisees with options to suit any customers situation. With the finance industry becoming massively over regulated and interest rates rising has created a gap of approximately 80% of the population as potential customers.
The Novated Lease Australia survey results also found that nearly half (46 per cent) of respondents would switch to an electric vehicle if they were offered a novated lease through their employer, as such an arrangement would reduce the purchase price and running costs of the vehicle.
We’re about giving our franchisees the brand name, marketing tools, business tools, business systems and support that will drive them to success in any economic climate. Freedom Cars is about giving the profits to you the Franchisee.
Younger Australians are more likely to switch to an electric vehicle under a novated lease agreement to reduce costs: more than half (59 per cent) of under-30s indicated they would, compared with 32 per cent of over-51s. Shaun McGowan, Founder and Managing Director at Novated Lease Australia, says: “Our research highlights that novated leases are on the rise this year. Electric vehicle prices still have a long way to go to drop to a level that competes with petrol cars, yet an increasing proportion of the public and business sector are becoming more carbon conscious.” “Conscious of this price barrier, State and Federal Governments are financially incentivising organisations and motorists to make the switch. Perhaps now is the time for organisations that are sustainability-minded to add novated lease agreements for electric vehicles into their decarbonisation strategies. The full survey results, including age and State breakdowns, can be found here: novatedleaseaustralia.com.au/electriccars/ev-price-study 34 business franchise MAGAZINE
Benefits of Freedom Cars: • No Buy In start up • Investment is in your stock • No ongoing fees from profits • Passive income deposited daily • Unique unregulated processes • Awesome profits • Continual Software upgrades • Ability to add your custom modules to Software • Leads supplied direct to your email and software dashboard • Group Advertising • Free setup and monitoring of electronic media such as Facebook & Google accounts • International brand expansion Don’t miss out, for more information go to freedomcars.com.au/franchising