Customer Service
Rego & Insurance
Tyres & Alignment
Servicing & Maintenance
Fuel or Electricity
Lease Payments
What makes the BYD Sealion 7 stand out for a novated lease?
Few EVs make as strong a case for a novated lease as the BYD Sealion 7. It's fully FBT-exempt, offers a real-world range and delivers a level of tech and comfort that outpaces much of its competition. Every payment can be made from your pre-tax salary, making it one of the smartest EV choices going around.
Run the numbers with our novated lease calculator and see how much you could save today.
How can a BYD Sealion 7 novated lease help you save?
Pay for your car and running costs, like charging, insurance and servicing, from your pre-tax salary. That means lower taxable income, predictable payments and possible FBT exemption.
Specifications: Sealion 7 Premium vs Performance
Experience features like adaptive cruise control, 360° cameras and lane-keep assist in both variants. Here’s how they compare:
Premium (RWD)
- 230kW power, rear-wheel drive
- WLTP range of up to 482km
- Light-duty towing capacity, suited to trailers, small boats or camper setups
- Leather upholstery, panoramic roof and V2L capability
- Rotating 15.6-inch touchscreen
Performance (AWD)
- Dual-motor, all-wheel drive
- Extra power over the Premium variant
- Sport styling — unique wheels and brake callipers
- Heated rear seats and heated steering wheel
Are there tax or FBT advantages with a Sealion 7 novated lease?
Yes. Both the Sealion 7 Premium and Performance are valued below the Luxury Car Tax threshold and meet ATO requirements (zero emissions, first used after 1 July 2022), so you’ll qualify for the electric car FBT exemption.
The information you share is used for the purposes of an estimate. In many cases your final quote is less than what is shown here based on your personal circumstances.
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What variants exist for the BYD Sealion and what extra features do they bring?
Two currently exist – the Premium and Performance:
- Premium variant (RWD): 230 kW power, rear-wheel drive, standard high spec: leather upholstery, panoramic roof, V2L, rotating 15.6-inch touchscreen, etc.
- Performance variant (AWD): Adds dual-motor, AWD, extra power, sport styling (wheels, brake callipers), heated rear seats and heated steering wheel, etc.
How much will my novated lease payments be for a BYD Sealion 7?
That depends on the variant (Premium vs Performance), your salary, lease term and running costs you include. At Leaselab, the BYD Sealion 7 starts around $191 per week for Premium and $220 for Performance before on-road costs, plus insurance, servicing and charging into manageable monthly payments.
Please note that these are just estimates, and our experts can get numbers that are tailored to your situation. Compare the whole lineup to see which car model is best for you.
Are there tax / FBT advantages with a Sealion 7 novated lease?
Yes. Provided the Sealion 7 is valued below the Luxury Car Tax (LCT) threshold and meets requirements (zero emissions, first used after 1 July 2022), you may qualify for the ATO’s electric car FBT exemption. That means you can package the lease and running costs pre-tax and save more.
How does the BYD Sealion 7 compare to the Tesla Model Y?
The BYD Sealion 7 starts from $191 per week (for the Premium model) under a novated lease, while the Tesla Model Y starts from $199 per week (for the RWD variant).
The Sealion 7 offers a WLTP range of up to 482 km, compared to the Model Y’s 533 km range. Both vehicles come in RWD and AWD options.
The BYD Sealion 7 stands out for its great value and Vehicle-to-Load (V2L) capability, while the Tesla Model Y is preferred for its longer range and brand prestige.
Can I include a home charger in my BYD Sealion 7 novated lease?
Absolutely. You can bundle a home charger into your lease along with insurance, rego and servicing. You’ll just need to make sure it’s included in your initial quote. Everything sits in one easy pre-tax payment — keeping your budget simple while lowering your taxable income.
Pop your details into our Sealion 7 lease calculator and experiment with different options to see your potential weekly costs. Ready to take the next step? We're here to help.
What is the towing capacity of the BYD Sealion 7?
The Sealion 7 is rated for light-duty towing, making it well-suited to weekend trailers, small boats or camper setups rather than heavy-duty towing. If serious towing capacity is a priority, it's worth comparing against other EVs in our range or speaking to our team about which model best matches your needs.
Compare similar SUVs that you can novate by viewing the whole range.
Can I charge the BYD Sealion 7 at home?
Yes. The Sealion 7 supports both AC home charging and DC fast charging, and its Vehicle-to-Load capability means you can also draw power from the battery for appliances or equipment. Charging costs can be bundled directly into your novated lease.
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The Process
How Your Novated Lease Works
A step-by-step guide to how a novated lease works, from choosing your dream car to all the way to the end of your lease.
Vehicle & Financial Consultation
We'll make sure your chosen car is within budget, you can comfortably afford the repayments, and your employer is happy to partner with us on your novated lease. Most finance approvals happen within 24 hours, subject to credit assessment. We coordinate between all parties on your behalf.
Car Shopping
This is the fun part. Whether you know the specifics or just have a general type of car in mind, we'll help source it from our national dealer network and secure the best deal on your behalf. While you’re at it, explore additional protection like MotorOne protection packages, MDR, insurance and more, which you can bundle into your lease.

Sign, Celebrate & Drive
It's time to sign the paperwork and pick up your car. We’ll send you a fuel card, and you’ll be able to access your lease portal. Here, you’ll find everything you need to know about your lease and any questions you might have.

End of Lease Options
When your lease ends, you choose what happens next. Sell it through TradeLab for competitive valuations (keeping any profit tax-free!) then upgrade into a new vehicle with a fresh novated lease. You can also pay off the balloon payment to own it outright or explore refinancing.*
*Payments vary depending on your chosen term.

