BYD Novated Lease
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Drive Innovation with a BYD Novated Lease from Leaselab
Longing for the luxury of a BYD? BYD electric vehicles have led the way with sleek, futuristic designs that pair efficiency with aesthetic performance. Whether it's the dynamic design of the BYD Dolphin, the sophisticated elegance of the BYD Seal or the impressive features of the BYD Atto 3, a novated lease can turn your dream car into a head-turning reality. A novated lease from Leaselab makes driving a new BYD more affordable, saving you tens of thousands of dollars compared to traditional car financing, and putting you in the driver's seat faster.
Why Opt for a Novated Lease for Your BYD with Leaselab?
A BYD novated lease reduces your taxable income by using your gross (pre-tax) salary for your lease payments. You can run your operating costs the same way to lower your taxable income even further, including everything from tyres and maintenance to charging costs.
With a novated lease for your BYD, you’ll also avoid the cost of GST on both the vehicle purchase price and its ongoing running expenses. Eligible BYD models benefit from government incentives such as the fringe benefits tax (FBT) exemption, increasing your savings even further. You can discover just how much you could save with our novated lease BYD calculator.
With a novated lease from Leaselab, you get to enjoy the cutting-edge technology and sustainability of a BYD vehicle while benefiting from financial gains that traditional car loans or outright purchases can't offer. With Leaselab, your new BYD isn’t just an environmental choice, it’s financial logic.
Save Money With a BYD Novated Lease from Leaselab
Complicated financial applications are a thing of the past. At Leaselab, we make the entire process as painless as possible so you can secure your new BYD with a novated lease as fast and seamlessly as possible. We guide you through the steps, supporting your employer with their paperwork, and backing you from the start, all the way through to the end of your lease term and beyond.
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FAQs
What are the advantages of a novated lease for a BYD?
A novated lease for a BYD provides significant financial benefits. You avoid paying GST, saving 10% on both the purchase price and the running costs of your vehicle. By using your pre-tax income to cover your lease payments you’re lowering your taxable income, resulting in substantial savings there too. And, you get to enjoy the advanced technology and eco-friendly features of a BYD without the financial strain of traditional financing. If a novated lease works for you - boy, does it work.
How do I get started with a BYD novated lease?
To get started, use our novated lease calculator for BYD to estimate your potential savings. Contact us directly with any questions, or submit your details online, and we’ll reach out to discuss your options with a personalised quote. Once you’ve decided that a novated lease is right for you, we’ll guide you through the entire process and will be here throughout the term of your lease if you ever need a hand.
How much can I save with a BYD Novated Lease?
The best way to estimate your savings is by using our helpful BYD novated lease calculator. With a novated lease, you can save significantly on your BYD by running your costs through pre-tax salary deductions. You’ll also benefit from GST savings, and potential fringe benefits tax (FBT) exemptions too.
The benefits of novating
Reduce your tax bill using pre-tax income
Fleet pricing on a range of cars
Include running costs in one easy payment
No bill shock with smooth payments
Avoid GST on the vehicle and running costs
Flexible plans and end of lease options