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BYD Novated Lease

Drive a new BYD today with tax-effective salary packaging.

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Whether you need a city-friendly BYD Dolphin Essential or a powerful BYD Shark 6 Premium, there’s a BYD vehicle to suit your driving needs.

A novated lease is a salary packaging arrangement that lets you finance a vehicle using a combination of pre-tax and post-tax income.

BYD Novated Lease Calculator

Using a novated lease calculator helps you see how much lower monthly payments are with a BYD novated lease compared to a standard car loan.

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You Can Include Nearly ALL Of Your Running Costs In The Arrangement!

Novated Leasing not only gives you a brand new car at a fantastic purchase price, but it also allows you to include many of the running costs in your pre-tax income.

INCLUSIONS
  • Finance repayments
  • Fuel
  • Servicing
  • Tyres
  • Comprehensive Insurance
  • Registration
  • Roadside assistance
  • And even car washes!
  • Insurance
  • Registration
  • Roadside assistance

The Smarter Way to Drive a BYD

A BYD novated lease is a three-party lease agreement between you, your employer, and the financier.

Instead of paying for a car after you’ve been taxed, your employer facilitates payments for lease costs and running costs through your salary. For eligible BYD models such as the BYD Atto 3 or BYD Seal, GST savings may also apply to the base vehicle list price due to electric vehicle incentives, helping reduce the overall cost of the lease.

Popular BYD Models

Explore popular BYD models available on a BYD novated lease, with estimated weekly pricing to help you compare your options and potential savings. We can source selected BYD models, both new and used (subject to age limits), for your novated car lease.

BYD Atto 1 Essential

From $115/week

Compact and affordable BYD electric vehicle ideal for city driving and first-time EV buyers.

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BYD Atto 2 Dynamic

From $135/week

Practical small SUV with modern EV efficiency and advanced technology for everyday driving.

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BYD Sealion 7 Premium

From $198/week

Premium electric SUV with a spacious cabin, strong performance, and impressive driving range.

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BYD Shark 6 Premium

From $295/week

Powerful PHEV ute combining towing capability with reduced fuel and running costs.

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BYD Dolphin Essential

From $131/week

Budget-friendly fully electric vehicle designed for efficient commuting and low running costs.

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BYD Atto 3 Essential

From $153/week

One of Australia’s most popular BYD EVs with solid build quality and a strong range.

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BYD Sealion 6 Essential

From $233/week

Versatile mid-size plug-in hybrid vehicle offering comfort, efficiency, and flexible driving.

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What our customers say

Why Choose a BYD Novated Lease?

As BYD continues to grow rapidly within the Australian market, it offers a strong range of battery electric vehicles (EV) and plug-in hybrid electric vehicles (PHEV).

When you choose BYD, you can benefit from:

  • Electric & Hybrid Technology: A growing range of fully EV and PHEV options designed for Australian conditions.
  • Fringe Benefit Tax Savings: Many BYD models fall under the luxury car tax threshold, allowing you to bypass fringe benefits tax.
  • Impressive Driving Range: Perfect for the Australian commute with a BYD range designed to reduce range anxiety.
  • Advanced Features: From heated front seats, comfortable interiors and advanced infotainment systems.

How It Works

1. Choose Your Vehicle:

Select the model from the BYD range that suits your lifestyle and budget.

2. Get Approved & Set Up:

We assist with the finance application, credit approval, and lease documentation.

3. Salary Packaging:

Your employer signs the agreement, and payments begin from your pre-tax salary.

Apply Now!

Start Your BYD Novated Lease Journey

Many drivers across the Australian market are already unlocking tax savings by switching to a BYD novated lease. Don’t miss out on the chance to drive a new BYD while lowering your taxable income through smart salary strategies.

Our expert team is ready to provide a tailored BYD car lease quote that estimates how much of your gross salary you can keep. While this information is intended to provide a general overview and isn’t a substitute for professional financial or legal advice, we can provide a personalised breakdown based on your specific pre-tax income and chosen vehicle. Contact us today for more information.

Calculate My Novated Lease

Novated Lease BYD – FAQs

What is a novated lease?

It is a tax-effective way to lease a car where your employer pays the lease payments from your pre-tax income via a salary packaging arrangement. A novated lease can also include running costs such as comprehensive insurance, registration, and servicing, depending on your chosen package.

Salary Packaging Australia’s novated leases operate under an Australian Credit Licence. Finance is available to approved applicants only.

Is BYD suitable for a novated lease?

Yes, BYD vehicles are highly popular for salary packaging because their electric vehicle status often qualifies for the FBT exemption, maximising your potential savings.

How does the fringe benefits tax (FBT) work on BYD vehicles?

One of the biggest advantages of choosing BYD today is the potential for a full FBT exemption. Because of the Federal Government’s electric vehicle incentives, eligible models may qualify for an exemption, removing or reducing fringe benefits tax (FBT) where eligible under current EV exemptions.

Who owns the car?

You are the registered owner and primary driver of the BYD, while the finance company holds a security interest during the lease term.

Is the new BYD Sealion 7 eligible for the electric car discount?

Yes, the BYD Sealion 7 is a highly popular eligible vehicle for FBT exemption. Both the Premium and Performance trims may fall below the luxury car tax threshold depending on variant and pricing at the time of purchase. By packaging a BYD Sealion 7, or even an ATTO 3, you can avoid fringe benefits tax while enjoying an impressive driving range and a spacious cabin.

What happens if I change jobs?

The lease is portable. You can generally transfer the novated lease BYD arrangement to your new employer or continue making vehicle payments personally.

* This calculator contains general information and does not necessarily take all of your personal circumstances into account. Salary Packaging Australia encourages you to seek professional, independent tax or financial advice and to consider whether this information is right for you before making a decision. The availability of any packaging benefit is subject to your employer’s approval and compliance with the Australian Income Tax Assessment Act (1997). The Australian Taxation Office can provide advice on compliance.

All benefit examples based on a 60-months term driving 15,000 km per annum on a $85,000 annual salary. Prices excluding GST under novated lease and images are for display purposes only. Vehicles subject to availability. Pricing is based upon supply of motor vehicle in South-east QLD. Vehicle pricing may be subject to change without notice. Pricing may vary depending on the exact location and State of purchase and are based on PAYG income tax rates as at 01/07/2026.

The salary packaging of motor vehicles works for you by substituting a taxable benefit with a non-taxable benefit. The above cost figures represent the estimated impact on your take home pay taking into account those tax benefits based on the assumptions outlined. You should obtain independent financial advice taking into account your personal circumstances before you rely on these figures. Salary Packaging Australia Pty Ltd ABN 53 009 643 485.

Need help or want to discuss?

Contact our team directly, we are here to help

Need help or want to discuss?

Contact our team, we are here to help