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All your car and running costs are included
Customer Service
Rego & Insurance
Tyres & Alignment
Servicing & Maintenance
Fuel or Electricity
Lease Payments
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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Jaecoo J5
Compare Savings by Variant
From
$
176
$
0
$
176
per week
Drive away in a Jaecoo J5 EV for less than you think
The Jaecoo J5 EV is turning heads for all the right reasons. A sharp-looking compact electric SUV, at an affordable price, it punches well above its weight with premium tech and a generous warranty.
And through a novated lease? It gets even better. Use our Jaecoo J5 EV lease calculator to check the price of your weekly repayments at Leaselab Australia.
Is the Jaecoo J5 EV FBT exempt?
Yes. This is where it gets exciting. Because the J5 EV is a battery electric vehicle priced under the luxury car tax threshold, it qualifies for the Australian government's FBT exemption. That means you pay zero fringe benefits tax on your lease, which can save you thousands every single year, depending on your income.
Discover how a Jaecoo J5 EV novated lease compares with our full range of EVs and SUVs, or chat to the team about a tailored quote.
Quick Quote
See how much you could save
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
How It Works
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.
You + Your Vehicle
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.
You + Your Employer
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.
You + Leaselab
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
How much could I actually save with a novated lease on the Jaecoo J5 EV?
A novated lease lets you pay for your car using pre-tax salary, which means you reduce your taxable income and could save thousands each year. Add in the FBT exemption for EVs, and the J5 EV becomes one of the most cost-effective ways to get into a brand-new electric car.
Your exact savings depend on your salary, kms driven, business use and state considerations, but you’re set to save thousands on the price of a Jaecoo J5 EV compared to a car loan.
What's included in the price for a J5 EV novated lease — is it just the car repayments?
Nope. The price for a Jaecoo J5 EV on a novated lease can bundle it into one regular payment: the car, registration, insurance, servicing, tyres and even charging costs. For the J5 EV, that's particularly attractive given its capped-price servicing and an 8-year unlimited-kilometre warranty.
You know exactly what's coming out of your pay each fortnight. No surprises.
Do I need to tell my employer to get a novated lease on a Jaecoo J5 EV?
Yes. Your employer needs to be on board, but it's usually a quick conversation. Most payroll teams are familiar with novated leasing, and we’ll handle most of the paperwork. If your employer isn't set up yet, let them know we can help onboard them.
What happens at the end of the lease term on a Jaecoo J5 at Leaselab Australia?
You've got options:
- You can pay out the residual (the agreed remaining value of the car) and own it outright
- Refinance the residual into a new lease term
Trade up to a new vehicle and start fresh. Many people use the end of their lease as an excuse to upgrade. Given how fast EV tech moves, it isn't a bad idea.
Can self-employed workers get a Jaecoo J5 novated lease?
A novated lease requires you to be a PAYG employee, so if you're purely self-employed, it's not available. However, if you're working under an employer or labour-hire arrangement, you may still be eligible.
If you're running your own company and paying yourself a salary, chat to our team because it might be possible for you to experience everything amazing about novated leasing.
Instant estimate - no obligation
