Mazda CX-5 vs BYD Atto 3 — Novated Lease Comparison
Side-by-side novated lease comparison of the Mazda CX-5 and BYD Atto 3. Specs, costs, savings, and a clear winner.
Specs Comparison
| Spec | Mazda CX-5 | BYD Atto 3 |
|---|---|---|
| Price | $42,990.00 | $47,381.00 |
| Type | ICE | EV |
| Battery | N/A | 60.5 kWh |
| Range | N/A | 420 km |
| FBT Status | Payable | Exempt |
Novated Lease Costs at $80K Salary
| Mazda CX-5 | BYD Atto 3 | |
|---|---|---|
| Fortnightly Deduction | $534.54 | $474.08 |
| Annual Lease Cost | $13,898.00 | $12,326.20 |
| Annual Tax Saving | $4,447.36 | $3,944.38 |
| Annual GST Saving | $781.64 | $861.47 |
| FBT Cost/yr | $4,038.48 | $0 (exempt) |
| Net Annual Saving | $1,190.52 | $4,805.86 |
| 5-Year Total Saving | $5,952.58 | $24,029.28 |
Running Costs Comparison
| Cost | Mazda CX-5 | BYD Atto 3 |
|---|---|---|
| Fuel/Charging | $2,400.00 | $650.00 |
| Insurance | $1,400.00 | $1,400.00 |
| Registration | $800.00 | $350.00 |
| Servicing | $700.00 | $450.00 |
| Total/yr | $5,300.00 | $2,850.00 |
Verdict
The BYD Atto 3 wins on novated lease value, saving $4,805.86 per year vs $1,190.52 for the Mazda CX-5. Over 5 years that is $24,029.28 in total savings. The FBT exemption is a major factor.
Related Pages
Frequently Asked Questions
Which is cheaper to novated lease — Mazda CX-5 or BYD Atto 3?
The BYD Atto 3 is cheaper to lease. On an $80K salary, the Mazda CX-5 costs $534.54 fortnightly vs $474.08 for the BYD Atto 3.
Which saves more on tax — Mazda CX-5 or BYD Atto 3?
The Mazda CX-5 delivers higher tax savings because it has a higher annual lease deduction, reducing more of your taxable income.
Are both the Mazda CX-5 and BYD Atto 3 FBT exempt?
The Mazda CX-5 is not FBT exempt. The BYD Atto 3 is FBT exempt.
Which has lower running costs?
The BYD Atto 3 has lower annual running costs at $2,850.00/year vs $5,300.00/year.
Which car should I novated lease?
If budget is the priority, go with the BYD Atto 3. Consider range (N/A vs 420 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.