EX5COMPLETE EXTENDED RANGE +3COMPLETECOMPLETE EXTENDED RANGEINSPIREINSPIRE EXTENDED RANGE

The Geely EX5 lineup in Australia spans four grades. COMPLETE is the entry point at $40,990, with COMPLETE Extended Range adding $1,000 for a larger battery at $41,990. INSPIRE steps up to $44,990 with additional equipment, and INSPIRE Extended Range tops the range at $45,990. All four are electric 5-door wagons with front-wheel drive and a single-speed automatic transmission — the practical differences are equipment level (COMPLETE vs INSPIRE) and battery range (standard vs Extended Range).

*Drive-away estimate; on-road costs vary by state and by buyer. RRP is before on-road costs.

Pros

• All four grades sit well under the $75,000 EV FBT full-exemption line and the $91,387 luxury car tax threshold, keeping the full novated lease exemption in play through the phase-out.
• An Extended Range option is available at every equipment level, for buyers who want more range without stepping up to the higher trim.
• A four-grade spread lets buyers choose equipment level and range separately, rather than bundling both into a single upgrade step.

Cons

• All grades are front-wheel drive only — there is no dual-motor or all-wheel-drive variant in the EX5 range.
• Power output and seating configuration are not yet published for the Geely EX5 in this guide — confirm these directly with a dealer before deciding between grades.

Battery electric vehicles under the luxury car tax threshold for fuel-efficient vehicles ($91,387, rising to $91,661 from 1 July 2026) are exempt from fringe benefits tax when packaged through a novated lease. That exemption is being phased out in two steps.

• Until 31 March 2027 — full exemption, unchanged, for any Geely EX5 grade.
• From 1 April 2027 — full exemption continues only for electric vehicles under $75,000. Above that, up to the luxury car tax threshold, a 25% FBT discount applies instead.
• From 1 April 2029 — the full exemption ends. A 25% discount applies to all eligible vehicles.

Leases already in place are grandfathered: a lease entered into before a phase start date keeps its treatment for the term.

Where each grade sits: every Geely EX5 grade prices well under the $75,000 line, on both RRP and drive-away estimate. COMPLETE ($40,990 RRP, $44,627 drive-away), COMPLETE Extended Range ($41,990 RRP, $45,657 drive-away), INSPIRE ($44,990 RRP, $48,747 drive-away) and INSPIRE Extended Range ($45,990 RRP, $49,797 drive-away) all keep the full FBT exemption right through the 1 April 2027 change, and only move to the 25% discount tier once the exemption ends entirely on 1 April 2029.

Geely is a Chinese manufacturer that entered the Australian market with a growing range of electric and hybrid vehicles. The EX5 is its mid-size electric wagon, offered here across the COMPLETE, COMPLETE Extended Range, INSPIRE and INSPIRE Extended Range grades covered here.

General information only

Pricing and tax thresholds on this page are general information, not tax or financial advice, and were correct at the time of publication. FBT and luxury car tax thresholds change, and the treatment of any particular lease depends on your circumstances and on the vehicle as configured. Confirm the numbers for your own situation before committing.