You Could Save:

TBA / year

Please wait

We're just loading a few things up!

Select Model

  • Unfortunately there's no results to show here

Your Ride

How many days per week will you ride to work?
How far is your work from home?
Not sure?
Home and work addresses

Let us know where you’re leaving for work from and where you’re going, and we’ll help you work out the distance between them.

Additional kilometres per week

About You

Gross income
Lease term
Your current age
Your height (cm)
Your postcode

Request A Quote

Please complete your details to submit your quote and we’ll be in touch within 3 business days to get you rolling quickly.

Please wait...

We're submitting your request now!

Quote Request Sent!

Thanks for your interest, one of our team members will be in contact with you as soon as possible.

You Could Save

TBA / year

Compared to an outright purchase of the with the same full-service package.

Lease Rate

TBA / week

Using salary sacrificing you could ride this e-bike from just TBA per week.

Without salary sacrificing, the full-service lease rate is TBA per week (incl GST).

At the end of your 5 year lease term, you can hand the bike back to us or buy it outright for TBA.

If you switch from driving, you'll save about TBA per week.

Detailed Overview

The following comparison is based on full salary sacrificing of the lease payments.

E-stralian Lease
Cash Purchase
Gross Salary
Pre tax deduction
Taxable income
Income tax
Post tax contribution
Net income
Net cost
Annual savings


The calculations use the following assumptions

Annual kilometres

The split between commuting and other use is for your convenience only. It does not determine your eligibility for salary sacrifice.

Bicycle cost

The amount financed equals the recommended retail price of the ebike and an insurer-approved lock.

Cost comparison

The following assumptions have been used in the cost comparison.

  • Cash purchase: the same package as the Sparque full-service lease, i.e., including insurance, service and maintenance and roadside assistance is acquired and paid for in cash.
  • Myki subscription per day $5.18 (2018 figures)
  • 2016 RACV figures for Ford Focus Trend 1.5L Turbo

Deposit rate

For the cash purchase comparison, a deposit interest rate of 3% has been used.

FBT liability

ATO ruling CR2020/68 should be used to determine whether your use of the ebike falls within the FBT exemption.

Gross annual income

The number you supplied is treated as gross salary, excluding superannuation and other salary packaging deductions, Medicare levy or HECS liability.


The lease rate includes an indicative insurance premium for your bike and personal injury based on the details you supplied.


The maintenance costs are based on the nominated kilometres. Sparque assumes the risk on these costs, but reserves the right to adjust the costs during the term if the actual kilometres deviate from the nominated kilometres.


Income tax rates for the current financial year are used.

Term of finance

The term of finance is defined by the number of months you supplied. The residual value (inclusive of GST) at the end of the term is set by the ATO and equals

  • 56.25% of the retail price (incl GST) for a 1 year term,
  • 37.50% for a 2-year term,
  • 18.75% for a 3-year term,
  • 0% for a 4-year term.

Filter Bikes

Net Weekly Cost
Select a bike and complete the "Your Ride" and "About You" tabs, then use this slider to filter bikes by budget.

What’s your drive?

Welcome! E-stralian is now Sparque. A fresh name to mark the next stage of our journey, with the same team of dedicated and enthusiastic ebike experts and brands we represent. Get in touch and let us help you with your ebike journey.