Announced: Full EV FBT exemption above $75k ends 31 Mar 2027, 4 months away. How the announced phase-out works (opens in a new tab)

Jaecoo J5 EV novated lease costs

Choose your J5 EV, then see what fits your pay.

Jaecoo J5 EV Summit. Illustrative image; trim details may vary.

Illustrative image only. Actual model may differ.

Generic illustration. Model image coming soon.

Estimated take-home cost

From $126 / week

$110,000 salary · 5-year lease

$18,103 estimated saving over 5 years vs a car loan.

FBT-exempt

Final payment of $10,124 is separate. An estimate, not a quote.

Cost breakdown

Vehicle price: $35,990+ on-road costs

Final payment: $10,124, separate from weekly costs.

FBT-exempt on a novated lease.

Lease signed today. Weekly costs include estimated running costs after tax savings. Savings compare the same car with a standard car loan. Deposits and final payments are separate. Your provider’s quote will differ.

Vehicle details

1 variant · Up to 402 km WLTP across the line-up

Choosing your variant

Before you choose

  • Your everyday driving

    Compare rated range with your regular trips and charging options.

  • The equipment you need

    Check the exact grade, model year and included features.

  • Your final quote

    Confirm options, final price and lease eligibility with your provider.

What your salary changes

Summit at different salaries. Tax saved is the estimated income tax reduction each year.

SalaryTax saved / yearCost / week
$70k$3,086$126
$90k$3,086$126
$110k$3,086$126
$135k$3,086$126
$160k$3,761$113
$190k$3,761$113

Jaecoo J5 EV novated lease FAQ

Is the Jaecoo J5 EV FBT-exempt?

Yes, across the range. The dearest Jaecoo J5 EV we track is the Summit, and even its list price of $35,990 leaves about $55,671 of headroom under the $91,661 luxury car tax threshold. Every variant therefore qualifies for the electric car FBT exemption, and the whole novated lease, running costs included, can come out of pre-tax salary.

Does the April 2027 change affect the Jaecoo J5 EV?

Not on current prices. The dearest exempt variant, the Summit, has a list price of $35,990, about $39,010 under the announced $75,000 cap, so a new Jaecoo J5 EV lease keeps the full exemption after 1 April 2027 under the current proposal. A price rise before then could change that. Leases signed earlier are unaffected either way.

What salary do I need for a Jaecoo J5 EV novated lease to make sense?

There is no minimum, but the saving tracks your marginal rate. On the Summit, the estimated saving over the term runs from about $18,103 on a $70,000 salary to about $21,479 on $190,000. The steepest jump is where your income crosses into the 37% bracket, because that is the rate the packaged amount comes off. Calculate the Jaecoo J5 EV Summit on your salary

How accurate are these Jaecoo J5 EV numbers?

They are estimates, not a quote. Each variant uses its own catalogue price. These answers use the Summit at $35,990 + on-road costs, a 5-year term and a $110,000 salary. Interest rates, fees and running costs can change a provider's quote. Personalise the estimate in the calculator.

Does my employer need to offer novated leasing for the Jaecoo J5 EV?

Yes. Your employer needs to support salary packaging for the lease. You can estimate the Summit here without entering contact details, then check with payroll which providers and arrangements your employer accepts.

What is included in the estimated Jaecoo J5 EV cost?

For the Summit, the estimate includes lease finance, estimated running costs and a typical provider fee, after estimated tax savings. It is not just a finance repayment. The annual cost excludes any upfront deposit and the final payment to keep the car; review the calculator breakdown and your provider's quote.

Is there a final payment to keep the Jaecoo J5 EV?

Yes. The 5-year Summit example has an estimated final payment of $10,124 to keep the car. That payment is separate from the displayed annual cost. Your lease contract sets the actual amount and end-of-lease options.

What happens after I request a callback about the Jaecoo J5 EV?

You review the contact form and consent before submitting. Your enquiry and estimate are sent to our leasing and finance partner, so they can discuss your needs and next steps. Requesting a callback does not commit you to a lease. You can also choose to email yourself the estimate instead.

Ready to personalise your Jaecoo J5 EV estimate?

Adjust your salary, lease term and running costs to see your own numbers.

An estimate, not a provider quote.

Illustration of an electric car driving along an Australian coastal road

Illustrative image