BYD Shark 6 Novated Lease
Calculate novated lease savings on the BYD Shark 6 ($59,990.00).
Last verified: 2025-07-01 | 2025-26 tax rates
BYD Shark 6 Novated Lease at a Glance
$59,990.00
PHEV
100 km
29.6 kWh
Applies
$5,453.64
BYD Shark 6 Novated Lease Savings by Salary
| Salary | Fortnightly | Tax saving | Total saving |
|---|---|---|---|
| $70,000.00 | $881.00 | $10,994.91 | -$17,324.39 |
| $85,000.00 | $881.00 | $10,994.91 | -$17,324.39 |
| $100,000.00 | $881.00 | $10,994.91 | -$17,324.39 |
| $120,000.00 | $881.00 | $10,994.91 | -$17,324.39 |
| $150,000.00 | $881.00 | $13,400.05 | -$14,919.25 |
BYD Shark 6 Annual Running Costs
| Fuel | $800.00 |
| Insurance | $1,400.00 |
| Registration | $850.00 |
| Servicing | $500.00 |
| Total per year | $3,550.00 |
Buying vs Novated Lease: BYD Shark 6
Comparison for an $85,000 salary over 3 years:
Buying outright
$75,590.00
After-tax dollars
Novated lease
$103,909.30
Pre + post-tax mix
Is the BYD Shark 6 worth it on a novated lease?
The BYD Shark 6 is one of Australia's best-selling cars and makes an excellent choice for novated leasing. While ICE vehicles attract FBT, the GST savings and income tax benefits still reduce your total cost compared to buying outright.
At a driveaway price of $59,990.00, you save $5,453.64 in GST alone. Combined with income tax savings from salary sacrifice, total savings over a 3-year lease can exceed -$17,324.39 on an $85,000 salary.
With a 29.6 kWh battery and 100 km of range, the BYD Shark 6 handles daily commuting with ease. Annual charging costs are approximately $800.00 compared to $2,000+ for a comparable petrol car.
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Frequently Asked Questions
How much does a BYD Shark 6 novated lease cost?
On an $85,000 salary with a 3-year lease, the BYD Shark 6 ($59,990.00) costs approximately $881.00 per fortnight including running costs.
Is the BYD Shark 6 FBT exempt?
No, the BYD Shark 6 is priced above the $91,387 FBT threshold and is subject to Fringe Benefits Tax on a novated lease.
How much can I save on a BYD Shark 6 novated lease?
On an $85,000 salary over 3 years, you can save approximately -$17,324.39 through GST savings, reduced income tax.
What are the running costs of a BYD Shark 6?
Annual running costs for the BYD Shark 6 are approximately $3,550.00, including fuel ($800.00), insurance ($1,400.00), rego ($850.00), and servicing ($500.00).
What is the range of the BYD Shark 6?
The BYD Shark 6 has a range of approximately 100 km on a full charge with a 29.6 kWh battery pack.
Calculate Your Exact Savings
Use our novated lease calculator with your specific salary, car, and preferences.
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