The BYD Shark 6 is here.
Australia has officially entered a new era of utility vehicles with the launch of the BYD Shark 6 - the country's first-ever Plug-In Hybrid Electric Vehicle (PHEV) Ute. Combining the rugged versatility of a Ute with the eco-conscious benefits of hybrid technology, the Shark 6 is set to revolutionise the market.
The BYD Shark 6 is a game-changing PHEV Ute that offers the best of both worlds: the efficiency of an electric vehicle for short drives and the reliability of a petrol engine for longer journeys or heavy-duty tasks. Priced at just $57,900 (plus on-road costs), it’s a budget-friendly option for drivers looking to embrace sustainability without compromising on performance.
Starting 1 April 2025, plug-in hybrid electric vehicles (PHEVs) like the BYD Shark 6 will no longer be classified as zero- or low-emissions vehicles under Australia’s Fringe Benefits Tax (FBT) laws. As a result, they won’t qualify for FBT exemptions after this date. If you’re considering a PHEV Ute, this is your chance to lock in significant tax savings before the rules change.
Why does this matter?
After 1 April 2025, the BYD Shark 6 will no longer be eligible for the EV Discount, which currently provides substantial savings by removing FBT on eligible vehicles. To maximise these benefits, you’ll need to act now and secure the Shark 6 under the current rules.
How can you get the EV Discount for the BYD Shark 6?
You can unlock these savings by financing the Shark 6 through a Novated Lease. A Novated Lease allows you to pay for the car using your pre-tax salary, which reduces your taxable income and increases your take-home pay. Combined with the FBT exemption, this makes a novated lease the most cost-effective way to drive the Shark 6.
The first batch of deliveries have official begun for the BYD Shark 6. Request a free quote for a BYD Shark 6 Novated Lease to see how much you could save.
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