BYD Shark 6
Lease the
BYD Shark 6
from
$
245
$
$
245
$
245
Per Week
BYD Shark 6
Compare Variants
DUAL MOTOR PREMIUM
Ute
Plug-in Hybrid
From
$
245
$
0
$
245
per week
Discover Turbo High-Power with a BYD Shark 6 Novated Lease
Electrify your workhorse with BYD’s first plug-in hybrid ute: The Shark 6. Sleek enough for the whole family, strong enough to tow a small boat and spacious enough to lug around more than a few toolboxes, this plug-in hybrid electric vehicle (PHEV) promises better efficiency and smoother driving than diesel-powered rivals. Whether you want this high power for a worksite, the beach or a campsite, a novated lease can turn your dream car into a head-turning reality.
A novated lease on the BYD Shark 6 through Leaselab lets you enjoy cutting-edge technology while unlocking impressive financial perks. It’s your ticket to driving a ute that’s as stylish as it is powerful – without the strain on your wallet.
Why Opt for a Novated Lease for Your BYD with Leaselab?
By using your pre-tax income to cover novated lease payments for your Shark 6, you effectively lower your taxable income, saving you money while enjoying the benefits of a state-of-the-art plug-in hybrid ute. Even better, everyday operating costs—like maintenance, tyres, and charging—can also be included in the pre-tax deductions, making your savings go even further.
Ready to see how much you could save? Use our BYD novated lease calculator and discover how this setup can put more money back into your pocket while you drive a vehicle built to impress.
Save Even More on Your BYD Shark 6 with FBT Exemption
A novated lease on the BYD Shark 6 is packed with financial perks, starting with zero GST on the vehicle's purchase price and running costs—a 10% saving right off the bat. Plus, the Shark 6 qualifies for the federal government's Fringe Benefits Tax (FBT) exemption for electric vehicles, adding another layer of savings.
With a novated lease, you can drive a cutting-edge plug-in hybrid ute that combines advanced technology, top-tier comfort, and eco-conscious performance. All this, without the upfront costs of a traditional car loan or the strain of a full purchase price. It's a smarter way to own a feature-packed vehicle that works as hard as you do.
Novated Lease Calculator
Estimate your annual tax savings
Thousands in potential savings await you every year, and we want to be the ones to deliver the good news! The information you share is secure and only used for the purposes of an estimate. And please remember these figures are indicative only. Get in touch for personalised numbers based on your unique situation.
The Process
How It Works
A novated lease is a way to pay for your car and its running costs using your pre-tax income, which in the eyes of the ATO reduces your total salary and therefore the amount of tax you pay. It sounds simple, but it’s a total game-changer. Here's how it works in three simple steps.
You + Your Vehicle
Found the car you want? Perfect. Now, instead of you paying for your car outright, you enter into a lease agreement for the car for a fixed period between 1 - 5 years.
You + Your Employer
An agreement is set up between you, your employer and us. Then, your deductions for the lease (including running costs too, if that's what you want) are made by your employer from your pre-tax income. And that reduces the income tax you pay each pay cycle. Plus, your deduction amount is fixed, so you know what you’re paying for your car each month.
You + Leaselab
With a direct line of communication through a dedicated relationship manager, we'll help you navigate any challenges right the way through your lease. Whether it's today or five years from now, we promise you’ll always have the same level of help and service all the way through to the end of your lease.
Frequently Asked Questions
What are the advantages of a novated lease for a BYD Shark 6?
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.
Does the BYD Shark qualify for the FBT exemption?
Yes! Pay no FBT on a BYD Shark novated lease if you commence your lease before 1 April 2025. The Shark offers substantial FBT savings, especially in comparison to conventional non-PHEV Utes like the Toyota Hilux and Ford Ranger, which don’t qualify for the same exemptions.
Is a BYD Shark novated lease worth it?
Absolutely! A novated lease for a BYD Shark 6 offers smart financial advantages by using your pre-tax income to cover repayments, lowering your taxable salary and putting more money back in your pocket. Plus, you can roll ongoing costs like servicing, maintenance, and charging into the lease for streamlined budgeting.
As a plug-in hybrid electric vehicle (PHEV), the BYD Shark 6 is also eligible for a Fringe Benefits Tax (FBT) exemption, adding even more savings to the equation. With these benefits, leasing a BYD Shark can be a cost-efficient alternative to outright purchase.
Save thousands in tax by driving your dream car
For Drivers
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