BYD Tang Novated Lease
Calculate novated lease savings on the BYD Tang ($72,998.00).
Last verified: 2025-07-01 | 2025-26 tax rates
BYD Tang Novated Lease at a Glance
$72,998.00
EV
530 km
108.8 kWh
$0 (exempt)
$6,636.18
BYD Tang Novated Lease Savings by Salary
| Salary | Fortnightly | Tax saving | Total saving |
|---|---|---|---|
| $70,000.00 | $966.18 | $12,057.89 | $19,594.07 |
| $85,000.00 | $966.18 | $12,057.89 | $19,594.07 |
| $100,000.00 | $966.18 | $12,057.89 | $19,594.07 |
| $120,000.00 | $966.18 | $12,057.89 | $19,594.07 |
| $150,000.00 | $966.18 | $14,695.55 | $22,231.74 |
BYD Tang Annual Running Costs
| Charging | $750.00 |
| Insurance | $1,600.00 |
| Registration | $850.00 |
| Servicing | $500.00 |
| Total per year | $3,700.00 |
Buying vs Novated Lease: BYD Tang
Comparison for an $85,000 salary over 3 years:
Buying outright
$82,898.00
After-tax dollars
Novated lease
$75,361.82
Pre + post-tax mix
Is the BYD Tang worth it on a novated lease?
The BYD Tang is one of Australia's most popular electric vehicles and makes an excellent choice for novated leasing. As an EV priced under $91,387, it qualifies for the FBT exemption, meaning you pay $0 in Fringe Benefits Tax. This makes the BYD Tang significantly cheaper through salary sacrifice than buying outright.
At a driveaway price of $72,998.00, you save $6,636.18 in GST alone. Combined with income tax savings from salary sacrifice, total savings over a 3-year lease can exceed $19,594.07 on an $85,000 salary.
With a 108.8 kWh battery and 530 km of range, the BYD Tang handles daily commuting with ease. Annual charging costs are approximately $750.00 compared to $2,000+ for a comparable petrol car.
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Frequently Asked Questions
How much does a BYD Tang novated lease cost?
On an $85,000 salary with a 3-year lease, the BYD Tang ($72,998.00) costs approximately $966.18 per fortnight including running costs.
Is the BYD Tang FBT exempt?
Yes, the BYD Tang is FBT exempt as it is an electric vehicle priced under $91,387. You pay $0 FBT on a novated lease until March 2027.
How much can I save on a BYD Tang novated lease?
On an $85,000 salary over 3 years, you can save approximately $19,594.07 through GST savings, reduced income tax, and $0 FBT.
What are the running costs of a BYD Tang?
Annual running costs for the BYD Tang are approximately $3,700.00, including charging ($750.00), insurance ($1,600.00), rego ($850.00), and servicing ($500.00).
What is the range of the BYD Tang?
The BYD Tang has a range of approximately 530 km on a full charge with a 108.8 kWh battery pack.
Calculate Your Exact Savings
Use our novated lease calculator with your specific salary, car, and preferences.
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