<![CDATA[Australian Novated Lease FBT Exemption Breakdown (2026): BYD Sealion 7 vs Seal vs Shark 6 Real Take-Home Pay Numbers]]>With the Australian EV Fringe Benefits Tax (FBT) exemption continuing for battery electric vehicles under the $91,387 LCT threshold (note: PHEVs ended their FBT exemption cutoff on 1 April 2025 unless grandfathered), here is a side-by-side look at actual fortnightly take-home pay impact for a $120,000 gross salary on a 36-month novated lease (15,000 km/yr, self-managed quote):

1. BYD Seal Dynamic ($51,500 drive-away, 100% FBT Exempt)

  • Net out-of-pocket impact on take-home pay: $248 / fortnight (includes rego, comprehensive insurance, tyres, servicing & charging allowance)
  • Residual balloon at 36 months (46.88%): $22,950 (inc GST)

2. BYD Sealion 7 Design RWD (~$59,800 drive-away, 100% FBT Exempt)

  • Net out-of-pocket impact: $289 / fortnight all-inclusive.

Pro tip: Always ask your novated provider for the bare finance rate (aim for 7.2%–8.1% effective) and source your own comprehensive insurance rather than taking their bundled $2,600/yr policy!

]]>https://bydownersclub.com/topic/75/australian-novated-lease-fbt-exemption-breakdown-2026-byd-sealion-7-vs-seal-vs-shark-6-real-take-home-pay-numbersRSS for NodeThu, 05 Nov 2026 05:44:11 GMTFri, 30 Oct 2026 16:52:17 GMT60<![CDATA[Reply to Australian Novated Lease FBT Exemption Breakdown (2026): BYD Sealion 7 vs Seal vs Shark 6 Real Take-Home Pay Numbers on Sat, 31 Oct 2026 14:27:40 GMT]]>Completely agree on the practical usability. Being able to run a 2,000W induction stove and espresso maker off the V2L socket while only dropping 3% SOC over an afternoon is a game changer.

]]>https://bydownersclub.com/post/1823https://bydownersclub.com/post/1823Sat, 31 Oct 2026 14:27:40 GMT<![CDATA[Reply to Australian Novated Lease FBT Exemption Breakdown (2026): BYD Sealion 7 vs Seal vs Shark 6 Real Take-Home Pay Numbers on Sat, 31 Oct 2026 13:57:40 GMT]]>For anyone reading this later: make sure you enable SOC calibration by charging to 100% on AC at least once every two to three weeks so the BMS range estimator stays dead accurate.

]]>https://bydownersclub.com/post/1822https://bydownersclub.com/post/1822Sat, 31 Oct 2026 13:57:40 GMT<![CDATA[Reply to Australian Novated Lease FBT Exemption Breakdown (2026): BYD Sealion 7 vs Seal vs Shark 6 Real Take-Home Pay Numbers on Sat, 31 Oct 2026 07:18:08 GMT]]>Subscribed to this thread. Has anyone here compared this behaviour before and after the latest DiLink OTA firmware update? Mine felt noticeably smoother in low-speed traffic afterwards.

]]>https://bydownersclub.com/post/1821https://bydownersclub.com/post/1821Sat, 31 Oct 2026 07:18:08 GMT<![CDATA[Reply to Australian Novated Lease FBT Exemption Breakdown (2026): BYD Sealion 7 vs Seal vs Shark 6 Real Take-Home Pay Numbers on Sat, 31 Oct 2026 02:04:52 GMT]]>@ThamesValleyEV £345/month all-in with a free Ohme charger on UK Salary Sacrifice is a cracking deal! Both AU Novated Leasing and UK BiK make running a BYD EV cheaper than keeping a 7-year-old petrol car.

]]>https://bydownersclub.com/post/370https://bydownersclub.com/post/370Sat, 31 Oct 2026 02:04:52 GMT<![CDATA[Reply to Australian Novated Lease FBT Exemption Breakdown (2026): BYD Sealion 7 vs Seal vs Shark 6 Real Take-Home Pay Numbers on Fri, 30 Oct 2026 18:39:49 GMT]]>Here in the UK our equivalent is the EV Salary Sacrifice scheme (3% BiK tax rate for 2025/26). My BYD Seal Design costs me £345/month net out of my payslip including maintenance, tyres, breakdown cover, and a free Ohme Home Pro charger installation.

]]>https://bydownersclub.com/post/359https://bydownersclub.com/post/359Fri, 30 Oct 2026 18:39:49 GMT<![CDATA[Reply to Australian Novated Lease FBT Exemption Breakdown (2026): BYD Sealion 7 vs Seal vs Shark 6 Real Take-Home Pay Numbers on Fri, 30 Oct 2026 18:09:00 GMT]]>@Rachel_B_Melb Exactly what I did with RemServ in QLD. Also, don't forget you can claim the home EV charging flat rate of 4.20 cents/km pre-tax through your novated provider just by submitting a photo of your odometer every quarter!

]]>https://bydownersclub.com/post/355https://bydownersclub.com/post/355Fri, 30 Oct 2026 18:09:00 GMT<![CDATA[Reply to Australian Novated Lease FBT Exemption Breakdown (2026): BYD Sealion 7 vs Seal vs Shark 6 Real Take-Home Pay Numbers on Fri, 30 Oct 2026 17:29:41 GMT]]>Sourcing your own insurance and unbundling tyre replacement saved me nearly $4,200 over 3 years with Maxxia! You can still reimburse your own insurance receipt pre-tax through your novated lease account within 24 hours.

]]>https://bydownersclub.com/post/352https://bydownersclub.com/post/352Fri, 30 Oct 2026 17:29:41 GMT