The Geely EX5 landed in Australia in 2025 and immediately made waves as a value-packed medium electric SUV challenging established players. With sleek design and smart tech that redefines modern driving, the EX5 delivers up to 430km WLTP range, heated and ventilated front seats and a level of equipment typically reserved for pricier models.
A novated lease transforms the Geely EX5’s compelling value into something even smarter, using pre-tax income to reduce your taxable salary while bundling all running costs into one predictable payment.
Yes. The Geely EX5 qualifies for complete FBT exemption as a pure electric vehicle priced well under the $91,387 luxury car tax threshold. This means no fringe benefits tax on your novated lease, stacking maximum tax savings on top of your salary sacrifice benefits for seriously reduced taxable income.
Wondering what a Geely EX5 on a novated lease would really cost you? Plug in your numbers with our easy-to-use calculator.
FBT
FBT is the tax that normally applies when your employer pays for something personal, like a car. On most cars it eats into the saving. The Dolphin is a battery electric car under the federal exemption, so FBT doesn't apply at all, and the pre-tax advantage is yours to keep.
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GST
The 10% GST comes off the car's price, and off the running costs you bundle into the lease. That saving lands before you've driven a kilometre.
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Pricing
We buy at the discounted rates bulk buyers get, with no dealer or brand ties. The exact drive-away price appears in your quote, not after it.
What these add up to depends on your salary, state and kilometres. The estimate panel prices this exact car against your numbers, and your personalised quote then shows every line.
The information you share is used for the purposes of an estimate. In many cases your final quote is less than what is shown here based on your personal circumstances.
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Instant estimate - no obligation
Choose your own running costs
You can customise your lease to your liking. Get a Personalised Quote below to choose your options.
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Compare Savings by Variant
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The Geely EX5 landed in Australia in 2025 and immediately made waves as a value-packed medium electric SUV challenging established players. With sleek design and smart tech that redefines modern driving, the EX5 delivers up to 430km WLTP range, heated and ventilated front seats and a level of equipment typically reserved for pricier models.
A novated lease transforms the Geely EX5’s compelling value into something even smarter, using pre-tax income to reduce your taxable salary while bundling all running costs into one predictable payment.
The EX5 is designed for smooth, efficient everyday driving. Its 160kW front-wheel-drive motor can reach 0–100km/h in under seven seconds, giving it confident performance without trying to be overly sporty.
With an EX5 novated lease, charging, insurance, servicing and registration can all be bundled into one convenient pre-tax payment, making ownership refreshingly straightforward.
Yes. The Geely EX5 qualifies for complete FBT exemption as a pure electric vehicle priced well under the $91,387 luxury car tax threshold. This means no fringe benefits tax on your novated lease, stacking maximum tax savings on top of your salary sacrifice benefits for seriously reduced taxable income.
Wondering what a Geely EX5 on a novated lease would really cost you? Plug in your numbers with our easy-to-use calculator.
Quick Quote
The information you share is used for the purposes of an estimate. In many cases your final quote is less than what is shown here based on your personal circumstances.
The Process
A novated lease is a way to pay for your car and its running costs using your pre-tax income, which in the eyes of the ATO reduces your total salary and therefore the amount of tax you pay. It sounds simple, but it’s a total game-changer. Here's how it works in three simple steps.
Found the car you want? Perfect. Now, instead of you paying for your car outright, you enter into a lease agreement for the car for a fixed period between 1 - 5 years.
An agreement is set up between you, your employer and us. Then, your deductions for the lease (including running costs too, if that's what you want) are made by your employer from your pre-tax income. And that reduces the income tax you pay each pay cycle. Plus, your deduction amount is fixed, so you know what you’re paying for your car each month.
With a direct line of communication through a dedicated relationship manager, we'll help you navigate any challenges right the way through your lease. Whether it's today or five years from now, we promise you’ll always have the same level of help and service all the way through to the end of your lease.
Instant estimate - no obligation
Both qualify for FBT exemption with similar tax benefits. The EX5 is larger with more interior space and costs roughly $1,500 more driveaway than an Atto 3 Premium. The Atto 3 has been around longer with proven reliability; the EX5 counters with features like massaging seats typically found in luxury models.
At Leaselab, you can lease the Atto 3 from $152 per week, or the EX5 from $154 per week.
Home charging costs around 3-5 cents per kilometre depending on electricity rates. A full charge from empty costs roughly $12-18 at home using average rates. Real-world consumption sits around 145-159Wh/km, making it significantly cheaper to run than petrol, especially when charging costs are paid through your lease.
Absolutely. Real-world highway range sits around 375km, while city driving can achieve 430km. DC fast charging gets you from 30-80% in about 20 minutes, making longer trips manageable.
The soft, comfortable suspension and spacious cabin make highway cruising pleasant, though you'll want to use public fast chargers as it lacks DC charging beyond 100kW.
The Geely EX5 competes with a growing group of compact electric SUVs, including the Peugeot e-2008 (from $161 a week) and Volvo EX30 (from $199 a week), all of which offer similar size, electric range and urban-focused practicality.
Discover all vehicles that you can lease through Leaselab, or compare cars to find the right compact SUV.
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