BYD vs Tesla Novated Lease
Australian novated lease guide and comparison.
Last verified: 2025-07-01 | 2025-26 tax rates
BYD vs Tesla on Novated Lease
Both brands offer FBT-exempt EVs. BYD starts from $35,888.00, while Tesla starts from $54,900.00.
| Model | Price | Range | Fortnightly | 3yr saving |
|---|---|---|---|---|
| BYD Atto 3 | $44,381.00 | 420 km | $632.65 | $12,830.05 |
| BYD Seal | $49,888.00 | 570 km | $696.83 | $14,131.71 |
| BYD Dolphin | $35,888.00 | 427 km | $533.66 | $10,822.62 |
| BYD Tang | $72,998.00 | 530 km | $966.18 | $19,594.07 |
| Tesla Model 3 | $54,900.00 | 513 km | $755.24 | $15,316.36 |
| Tesla Model Y | $58,900.00 | 533 km | $801.86 | $16,261.82 |
BYD: Best value for money
BYD offers the cheapest entry into an FBT-exempt novated lease with the Dolphin at $35,888.00. The Atto 3 and Seal offer more range and features at competitive prices. All BYD models qualify for the EV FBT exemption.
Tesla: Premium with Supercharger network
Tesla commands a price premium but offers the most extensive fast-charging network in Australia. The Model 3 and Model Y are both under the $91,387 FBT threshold and have strong resale values.
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Frequently Asked Questions
Is BYD or Tesla cheaper on a novated lease?
BYD is cheaper. The BYD Dolphin starts at $35,888.00 compared to the Tesla Model 3 at $54,900.00. Both are FBT exempt.
Which has better range, BYD or Tesla?
The Tesla Model 3 has 513 km range, while BYD ranges vary: Dolphin (427 km), Atto 3 (420 km), Seal (570 km).
Is BYD reliable?
BYD is the world's largest EV manufacturer and offers a 6-year/150,000 km warranty in Australia. They have been building EVs since 2008 and their battery technology (Blade Battery) is highly regarded for safety.
Does Tesla have better resale value?
Tesla currently has stronger resale values in Australia due to brand recognition and the Supercharger network. However, BYD resale data is limited as they are relatively new to the Australian market.
Which has better charging infrastructure?
Tesla has its own Supercharger network (now open to other brands) plus access to all public chargers. BYD uses CCS2 charging and can access all public CCS chargers. Both brands support home charging.
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