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)
Electric, made simple

Kia EV5 Air Long Range

Kia EV5 Air Long Range. Illustrative image. Overseas model shown; Australian specifications may differ.
Illustrative image. Overseas model shown; Australian specifications may differ.
$66,014indicative drive-awayManufacturer offer
Estimated savings
$29,746
Over a
5-year lease
with a novated lease vs a standard car loan

Free estimate. No contact details needed.

Full FBT exemption

Signing: before 31 Mar 2027

Based on a $110,000 salary and $3,700 estimated annual running costs. Adjust below to make it yours.
555 kmWLTP range
8.9 s0–100 km/h
88.1 kWhBattery
5Seats
513 LBoot space

Indicative pricing, not a dealer quote. WLTP is a laboratory comparison; real-world range varies.

Make it yours.

Adjust your details to personalise your estimate.
Your salary before tax
Lease term
Estimated savings over 5 years$29,746

vs a standard car loan

Full FBT exemption
Costs, timing and assumptions

Now: before 31 Mar 2027 (Phase 1) · $3,700/yr estimated running costs · 7.5% interest · $0 deposit

When would you sign?
Deposit$0
Interest rate (indicative)7.5%
Estimated annual running costs$3,700
Auto-estimated from this car's price. Drag to override, or plug in a real quote.
Estimated final payment to keep the car$18,706

Payable at the end of the lease. Included in the comparison with a standard car loan.

Not taxed, but it's a reportable fringe benefit, so it can affect HELP repayments, the Medicare levy surcharge and Centrelink.

*Indicative vehicle price, not a live quote. Check whether on-road costs are included. These figures are general information only. They are not financial, tax, or credit advice, and your actual costs and savings may differ.

Your next step

Talk through your estimate with our leasing and finance partner.

  • No enquiry fee. No commitment.
  • Credit help from a licensed provider

Your estimate is ready. Choose what to share on the next screen.

View full cost breakdown
Estimated savings over the lease term
$29,746
vs financing the same EV with a standard post-tax car loan, not a discount on the car itself
Statutory FBT taxable value / yr$12,234
FBT exemption applied100%
Pre-tax salary packaged / yr$15,477
Post-tax contribution / yr$0
Income tax saved / yr$4,953
Total cost over the term (after tax saved)$52,622
*Indicative vehicle price, not a live quote. Check whether on-road costs are included. These figures are general information only. They are not financial, tax, or credit advice, and your actual costs and savings may differ. The content of this site is written and published by Symply EVs alone: our financing partner, Lodge IQ Pty Ltd (ACN 643 292 700), is not the author of, and is not responsible for, any content on this site.

5-year cost, side by side

Same car, financed two ways
This lease
This lease
$52,622
$52,622
Standard loan
Standard loan
$82,369
$82,369
$29,746 less over the term

Where the annual $15,477 comes from

Salary packaged this year
Pre-tax
$15,477 · 100%
Post-tax
$0 · 0%
Pre-tax · $15,477 (100%)
Post-tax · $0 (0%)

Common questions

Current manufacturer offers

Retail offer: $2,000 cashback

In-stock new and demonstrator vehicles purchased and delivered 1 September to 30 November 2026 at participating dealers, while stocks last, deducted from the purchase price and recorded in the contract of sale. Private and business buyers only; not available to fleet, government or rental buyers. Kia's terms exclude other offers unless stated otherwise, and its EV3 and EV5 pages show the cashback on top of the November drive-away price, so confirm the final price with the dealer. Kia may vary, extend or withdraw the offer. The cashback is not included in our calculator.

Manufacturer terms and eligibility

Campaign drive-away price: $59,990 for the EV5 Air Long Range

Drive-away price valid in November 2026 at participating Kia dealers. Private buyers only; excludes fleet, government and rental buyers. Includes 12 months registration, a CTP estimate for a private buyer with a good driving record, stamp duty and statutory and dealer delivery charges; prices may vary with individual circumstances, dealer and CTP insurer. Premium paint and options cost extra. Our price column carries the standard figure, so this campaign price is not included in the calculator. Kia's page shows a $2,000 cashback on top of this price on in-stock cars, so the price after cashback can be lower. Confirm the final price with the dealer.

Manufacturer terms and eligibility

What does the price include?

The $66,014 shown is an indicative price (drive-away), not a live offer. Your location, options and dealer quote can change the total. Confirm an itemised price before comparing finance.

How we compare prices and costs

How are my costs calculated?

The calculator above uses your salary and lease term. Savings are compared with a standard car loan; they are not a discount on the vehicle. Running costs are estimated until you enter your own budget.

Compare another car in the .

Compare EV5 variant lease costs

Kia novated lease costs by model

Compare electricity and petrol costs by state

Does my employer need to offer novated leasing?

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

What happens at the end of the lease?

The calculator shows an estimated final payment to keep the car. Your lease contract sets the actual amount and end-of-lease options. Check these with your provider before signing; refinancing or changing cars may require a new agreement.

What happens after I request a callback?

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 email yourself the estimate instead.