Key Points
- Geely is offering 0.09% p.a. comparison rate finance with no deposit on the EX5, EX2 and Starray EM-i until 31 October 2026.
- Novated lease buyers can instead get 6% off the vehicle price on all three models for deliveries between 1 and 31 October 2026.
- The finance offer applies to new stock only, has a fixed 36-month term with no balloon, and excludes government, fleet and rental buyers.
Geely Auto Australia has cut its promotional finance rate to 0.09% p.a. comparison rate across its three current models: the EX5 electric SUV, the EX2 electric hatch and the Starray EM-i plug-in hybrid SUV. The offer has no minimum deposit and runs until 31 October 2026.
Geely is also offering a 6% discount off the vehicle price for buyers who take one of the three models on a novated lease. That offer covers vehicles delivered in October. The 0.09% rate is well below the 0.88% Geely offered at the end of the 2025-26 financial year.
Geely Offers at a Glance
Geely lists two separate offers on its offers page. Each applies to all three models.
Geely October 2026 Offers
Model | Finance offer | Novated lease offer | Offer period |
Geely EX5 | 0.09% p.a. comparison rate, $0 deposit, 36 months | 6% off vehicle price | Ends 31 October 2026 |
Starray EM-i | 0.09% p.a. comparison rate, $0 deposit, 36 months | 6% off vehicle price | Ends 31 October 2026 |
Geely EX2 | 0.09% p.a. comparison rate, $0 deposit, 36 months | 6% off vehicle price | Ends 31 October 2026 |
The two offers cannot be used together. Geely's novated lease terms say the discount cannot be combined with any other offer unless Geely Auto Australia approves it.
0.09% Finance: The Fine Print
The finance offer is provided by Geely Finance, which is Allied Retail Finance Pty Ltd trading under the Geely name. It applies to all new stock EX5, EX2 and Starray EM-i vehicles.
- Finance applications must be approved by 31 October 2026.
- Loans must be settled by 13 November 2026.
- No minimum deposit is required.
- Only a 36-month term is available.
- Balloon payments are not allowed under the offer.
- Finance is for approved applicants only. Government, fleet and rental buyers are excluded.
Geely calculates the comparison rate on a $30,000 secured fixed-rate loan over five years, even though the offer itself is limited to a 36-month term. The comparison rate excludes government charges. It also excludes a dealer origination fee of up to $1,495 including GST, which is charged by the dealer.
Because the term is three years and there is no balloon, monthly repayments will be higher than on a longer loan. Buyers should ask their dealer for the repayment figure and the full list of fees before signing.
6% Off for Novated Lease Buyers
Eligible customers who buy an EX5, EX2 or Starray EM-i through an approved novated lease get a 6% discount off the vehicle price. Geely's terms set out the following conditions.
- The vehicle must be delivered between 1 October and 31 October 2026.
- The lease must be arranged through a registered fleet management organisation (FMO) approved by Geely Auto Australia.
- The discount applies to the vehicle price only and is shown in the contract of sale.
- Final pricing may change depending on dealer charges, optional extras and on-road costs.
- The offer applies to new vehicles only. It is not transferable and cannot be redeemed for cash.
- The offer depends on stock at participating Geely dealers. Geely can vary, extend or withdraw it at any time.
The delivery window is tight. The vehicle must be delivered by 31 October, not just ordered, so buyers will need a car the dealer has in stock or can supply within the month.
What the 6% Discount Works Out To
The table below applies 6% to each variant's price as listed on Geely's online configurator. Zecar has calculated these figures. Geely does not publish discounted prices, and the final amount depends on how your dealer and FMO structure the contract.
Geely Novated Lease Discount: Estimated Savings by Variant
Model | Variant | Powertrain | Price (before ORC) | 6% discount (approx.) | After discount (approx.) |
Geely EX2 | Complete | EV | $26,490 | $1,589 | $24,901 |
Geely EX2 | Inspire | EV | $30,990 | $1,859 | $29,131 |
Starray EM-i | Complete | PHEV | $37,490 | $2,249 | $35,241 |
Starray EM-i | Inspire Extended Range | PHEV | $41,490 | $2,489 | $39,001 |
Starray EM-i | Inspire AWD | PHEV | $44,990 | $2,699 | $42,291 |
Geely EX5 | Complete | EV | $41,990 | $2,519 | $39,471 |
Geely EX5 | Inspire | EV | $45,990 | $2,759 | $43,231 |
Prices exclude on-road costs and the $600 premium paint option. For novated lease buyers, the GST and tax treatment of the lease will also affect the real saving, so compare quotes from more than one provider.
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Geely EX5
The EX5 is Geely's mid-size electric SUV. It comes in two grades. The Complete is $41,990 before on-road costs and has a claimed 475km WLTP range. The Inspire is $45,990 and has a claimed 450km range.
The Inspire adds a 13.8-inch head-up display, a 16-speaker Flyme Sound system, front seat massage, an opening panoramic sunroof and 19-inch alloy wheels. Both grades get a 15.4-inch touchscreen, heated power front seats and a 360-degree camera.
With the 6% novated lease discount, the EX5 Complete works out to about $39,471 before on-road costs.
Geely Starray EM-i
The Starray EM-i plug-in hybrid SUV comes in three grades. The Complete is $37,490 before on-road costs, the Inspire Extended Range is $41,490 and the Inspire AWD is $44,990.
Geely claims 83km of WLTP electric range for the Complete, 136km for the Inspire Extended Range and 130km for the Inspire AWD. The Inspire AWD adds an 80kW rear motor, Snow and Off-road drive modes and a five-link rear suspension. It is the only all-wheel-drive Geely on sale in Australia.
Geely says the Starray EM-i is Australia's best-selling plug-in hybrid SUV for 2026 so far, based on VFACTS data for January to August. With the 6% discount, the Complete works out to about $35,241 before on-road costs.
Geely EX2
The EX2 is Geely's smallest and cheapest model. The Complete is $26,490 before on-road costs and has a claimed 252km WLTP range from a 35.35kWh battery. The Inspire is $30,990 and has a 47.14kWh battery with a claimed 345km range.
The Inspire adds heated front seats and steering wheel, a power tailgate, a 360-degree camera and 256-colour ambient lighting. The EX2 received a five-star ANCAP rating in September 2026, and Geely says it was named Wheels Best Compact Car for 2026.
With the 6% discount, the EX2 Complete works out to about $24,901 before on-road costs.
How This Compares With Earlier Geely Offers
Geely has run several finance offers in 2026. The current 0.09% rate is lower than both of its recent campaigns, and it covers all three models in the local range.
- End of financial year 2026: 0.88% p.a. finance and 6% off on the EX5 and Starray EM-i, until 30 June 2026.
- EX2 launch, 12 July to 31 August 2026: 0.68% p.a. comparison rate over 36 months, plus a free 7kW home charger and a premium paint upgrade worth up to $600.
Unlike the EX2 launch offer, the current deal does not include a home charger or free paint.
Full terms and conditions, including the comparison rate warning, are on Geely Australia's offers page. Geely has two new plug-in hybrids, the Monjaro EM-i SUV and Emgrand L EM-i sedan, open for pre-order. They are not part of either offer.
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About the author
Danny is a consultant and entrepreneur working at the cutting edge of the electric vehicle and energy transition. He is passionate about educating and helping consumers make better decisions through data.
