BYD Seal vs Kia EV6 — Novated Lease Comparison
Side-by-side novated lease comparison of the BYD Seal and Kia EV6. Specs, costs, savings, and a clear winner.
Specs Comparison
| Spec | BYD Seal | Kia EV6 |
|---|---|---|
| Price | $52,898.00 | $67,990.00 |
| Type | EV | EV |
| Battery | 82.5 kWh | 77.4 kWh |
| Range | 570 km | 528 km |
| FBT Status | Exempt | Exempt |
Novated Lease Costs at $80K Salary
| BYD Seal | Kia EV6 | |
|---|---|---|
| Fortnightly Deduction | $524.22 | $648.00 |
| Annual Lease Cost | $13,629.60 | $16,848.00 |
| Annual Tax Saving | $4,361.47 | $5,391.36 |
| Annual GST Saving | $961.78 | $1,236.18 |
| FBT Cost/yr | $0 (exempt) | $0 (exempt) |
| Net Annual Saving | $5,323.25 | $6,627.54 |
| 5-Year Total Saving | $26,616.27 | $33,137.71 |
Running Costs Comparison
| Cost | BYD Seal | Kia EV6 |
|---|---|---|
| Fuel/Charging | $700.00 | $700.00 |
| Insurance | $1,500.00 | $1,700.00 |
| Registration | $350.00 | $350.00 |
| Servicing | $500.00 | $500.00 |
| Total/yr | $3,050.00 | $3,250.00 |
Verdict
The Kia EV6 wins on novated lease value, saving $6,627.54 per year vs $5,323.25 for the BYD Seal. Over 5 years that is $33,137.71 in total savings. The FBT exemption is a major factor.
Related Pages
Frequently Asked Questions
Which is cheaper to novated lease — BYD Seal or Kia EV6?
The Kia EV6 is cheaper to lease. On an $80K salary, the BYD Seal costs $524.22 fortnightly vs $648.00 for the Kia EV6.
Which saves more on tax — BYD Seal or Kia EV6?
The Kia EV6 delivers higher tax savings because it has a lower annual lease deduction, reducing more of your taxable income.
Are both the BYD Seal and Kia EV6 FBT exempt?
The BYD Seal is FBT exempt. The Kia EV6 is FBT exempt.
Which has lower running costs?
The BYD Seal has lower annual running costs at $3,050.00/year vs $3,250.00/year.
Which car should I novated lease?
If budget is the priority, go with the Kia EV6. Consider range (570 km vs 528 km), boot space, and your daily driving needs too.
Want exact numbers for your situation?
Use our full novated lease calculator with your exact salary, car price, and lease term.
Open Novated Lease CalculatorEstimates based on 2025-26 Australian tax rates. Actual savings depend on your employer arrangement, residual value, and exact running costs. Car prices are drive-away estimates and may vary by dealer. This is general information only, not financial advice. Consult a financial adviser for personal guidance.