MG ZS EV vs BYD Atto 3 — Novated Lease Comparison
Side-by-side novated lease comparison of the MG ZS EV and BYD Atto 3. Specs, costs, savings, and a clear winner.
Specs Comparison
| Spec | MG ZS EV | BYD Atto 3 |
|---|---|---|
| Price | $43,990.00 | $47,381.00 |
| Type | EV | EV |
| Battery | 72.6 kWh | 60.5 kWh |
| Range | 440 km | 420 km |
| FBT Status | Exempt | Exempt |
Novated Lease Costs at $80K Salary
| MG ZS EV | BYD Atto 3 | |
|---|---|---|
| Fortnightly Deduction | $438.38 | $474.08 |
| Annual Lease Cost | $11,398.00 | $12,326.20 |
| Annual Tax Saving | $3,647.36 | $3,944.38 |
| Annual GST Saving | $799.82 | $861.47 |
| FBT Cost/yr | $0 (exempt) | $0 (exempt) |
| Net Annual Saving | $4,447.18 | $4,805.86 |
| 5-Year Total Saving | $22,235.89 | $24,029.28 |
Running Costs Comparison
| Cost | MG ZS EV | BYD Atto 3 |
|---|---|---|
| Fuel/Charging | $650.00 | $650.00 |
| Insurance | $1,200.00 | $1,400.00 |
| Registration | $350.00 | $350.00 |
| Servicing | $400.00 | $450.00 |
| Total/yr | $2,600.00 | $2,850.00 |
Verdict
The BYD Atto 3 wins on novated lease value, saving $4,805.86 per year vs $4,447.18 for the MG ZS EV. 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 — MG ZS EV or BYD Atto 3?
The BYD Atto 3 is cheaper to lease. On an $80K salary, the MG ZS EV costs $438.38 fortnightly vs $474.08 for the BYD Atto 3.
Which saves more on tax — MG ZS EV or BYD Atto 3?
The BYD Atto 3 delivers higher tax savings because it has a lower annual lease deduction, reducing more of your taxable income.
Are both the MG ZS EV and BYD Atto 3 FBT exempt?
The MG ZS EV is FBT exempt. The BYD Atto 3 is FBT exempt.
Which has lower running costs?
The MG ZS EV has lower annual running costs at $2,600.00/year vs $2,850.00/year.
Which car should I novated lease?
If budget is the priority, go with the BYD Atto 3. Consider range (440 km 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.