BYD Seal Novated Lease

Yes, BYD Seals can charge at some Tesla Supercharger sites. As of March 2024, Tesla has opened up 30 of its 63 Supercharger sites in Australia to non-Tesla EVs. To access these sites, you’ll need to download the Tesla app and select ‘Charge Your Non-Tesla’ and find your site.

The reality? All three make brilliant novated lease options and qualify for FBT exemption. It comes down to whether you prioritise value (BYD), brand/charging network (Model 3) or distinctive design (Ioniq 6):

The BYD Seal starts from $166 per week on a novated lease and delivers 530hp, making it seriously quick for its price point. It offers a practical 400L of boot space.

The Tesla Model 3 begins at $190 per week, with even faster performance in its higher-spec versions, though it comes at a higher cost. It also provides the most boot space at 594L, making it great for everyday use.

The Hyundai Ioniq 6 starts from $242 per week and is more focused on efficiency than outright speed. It still offers a decent 401L of boot space, combining sleek design with practicality.

Residual values are set by the ATO based on the lease term:

• 1 year: 65.63%
• 2 years: 56.25%
• 3 years: 46.88%
• 4 years: 37.5%
• 5 years: 28.13%

For example, on a $50,000 BYD Seal with a 3-year lease, your residual would be approximately $23,440. This is the final lump sum amount you’re required to pay at the end of your lease to own your car outright.

Yes! Electricity costs for charging your BYD Seal can be included in your novated lease package and paid with pre-tax dollars. This applies to home charging and public charging stations. However, the cost of installing a home charger or purchasing charging cables separately cannot be included unless the cable comes standard with your vehicle.

Costs vary based on your salary, driving distance and chosen variant. Generally, monthly payments start from around $166 per week for the Dynamic model after tax savings. Higher variants cost more, but remember you're paying with pre-tax dollars and avoiding FBT. While you can punch in your own numbers using our BYD Seal novated lease calculator, our team will be able to give you a quote that’s specific to your situation.

The BYD can be compared to the MG 4,Tesla Model 3 and Toyota Camry. Find the best car for you by comparing repayments and features.

The BYD Seal's real-world range varies based on your driving style, road conditions and which variant you choose. Here's what you can expect:

The BYD Seal Design RWD offers an official WLTP range of 570km, with a real-world driving estimate of around 450 to 500km depending on conditions.

The Excellence AWD variant delivers an official range of 520km, and you can expect around 420 to 470km in typical driving.

The Dynamic, which is the entry model, has an official WLTP range of 460km and typically achieves around 350 to 400km in mixed driving.

The reality is that even the more conservative highway range means you're easily covering daily commutes with charge to spare. Most people drive under 50km per day, so you'll only need to charge once or twice weekly for normal use.

The Seal Dynamic charges at up to 110kW DC, taking around 27 minutes to go from 28-82% at a quality fast charger. That's comparable to a Tesla Model 3 RWD and perfectly adequate for the occasional road trip top-up.