BYD Shark 6, Sealion 5/6/8 Finance Offer 1.88% Comparison p.a (3 Year Loan Term, $1,000 Deposit, $0 Balloon) @ BYD Dealers

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BYD Shark 6, Sealion 5/6/8 Finance Offer 1.88% Comparison p.a (3 Year Loan Term, $1,000 Deposit, $0 Balloon) @ BYD Dealers
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GucciTofu on 14/04/2026 - 16:26 bydautomotive.com.au (3846 clicks)
Last edited 15/04/2026 - 11:41 by 1 other user

I have just gone instore and accepted this offer so I'm jotting down the info that I can hopefully recall correctly.

Finance options I was presented with were (through Angle Auto Finance):

  • 1.88% for 3 years, $1k deposit, no balloon (Current promo)
  • 3.88% for 5 years, $1k deposit, no balloon (in-store only)
  • ~6.X% for 7 years (market rate).

Car pickup dates:

Depending on the model and accessories you choose you'll fall into one of the 3 groups
  • Car is avaliable immediately at the lot (Unlikely, I went to Mt Gravatt, QLD and they were sold out clean, people were offering to buy their demo models)
  • Car can be picked up in 4 weeks. Was told that there is a current shipment currently at Brisbane port going through customs/quarrantine.
  • 6-8 weeks for next boat to arrive.

EDIT: $1k is the minimum asking deposit, you can deposit more if you like.
EDIT 2: Just discovered that this promotion applies to their other models. Website here
EDIT 3: For my particular finance, the fees were:

  • Establishment Fee CL: $499.00
  • Origination Fee (GST Inc): $1,395.00
  • PPSR fee: $6

Available at participating dealers on New Plug-in Hybrid Shark 6 1.5L Premium, Sealion 5, Sealion 6 and Sealion 8 models. Excludes Sealion 7, demo and used vehicles. While stocks last. Not available in conjunction with any other offers.

Automotive BYD Auto Car Car Loan Hybrid Vehicle Loan SUV Ute Electric Vehicle

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BYD Automotive

Comments

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Search through all the comments in this post.
  • bargainperson on 14/04/2026 - 16:29

    What's $0 baloon? You pay the loan for 3 years then the car is fully paid off?

    • 0
    • GucciTofu on 14/04/2026 - 16:32

      Balloon payment is an amount you pay nearing the end of your loan to keep the car. If you don't pay it you return the car to them.

      • 3
      • bargainperson on 14/04/2026 - 16:35

        If you don't pay $0? lol

        • 0
        • GucciTofu on 14/04/2026 - 16:38

          No balloon essentially. That's just how the ad is posted, word for word from the BYD website.

          • 4
      • djmm on 14/04/2026 - 17:48

        That's not exactly 0 balloon, this will be an issue considering misleading ad

        • 0
      • MetalPhreak on 15/04/2026 - 02:55

        Balloon payment is what you owe at the end of the loan. If you want to trade in your car for market value to cover it that's fine, but if the car is worth less than the balloon you still have to cover the difference. Same as novated leases. And if it's worth more you keep the difference. They are usually structured in a way so there's good margin for safety and in this case $0 so irrelevant. It's a weird way of advertising a standard non-balloon loan. But sometimes people do put a million km on a car or buy something super unpopular/unreliable (like a Craptiva) and end up upside down at the end when it comes to paying the balloon because the resale value tanked.

        • 0
    • montorola on 14/04/2026 - 17:06

      Means you balloon up because you'll now be driving everywhere instead of walking/exercising.

      • 5
      • banana365 on 14/04/2026 - 17:45

        What if I've already got a bit of a head start on that process?

        • 2
        • justtoreply on 15/04/2026 - 01:39

          ln that case I can offer 0% interest in your comment

          • 0
    • SetTheFaqUp on 14/04/2026 - 20:37

      "What's $0 baloon?"

      Not really, means that the repayment factors in the car price to be paid off during the loan period.

      A bit like a mortgage with no balloon payment at the end of 30 years - amortised.

      • 1
  • bargainperson on 14/04/2026 - 16:35

    ok the ai tells me it would be something like:

    Principal Borrowed: ~$61,660
    Monthly Payment: Approx. $1,762
    Weekly Equivalent: Approx. $406

    • 1
    • GucciTofu on 14/04/2026 - 16:36

      It's all going to depend on how much you want to deposit.

      $1k is the minimum required. You can deposit more if you like.

      • 1
      • bargainperson on 14/04/2026 - 16:41

        Nice, I wonder if they have this deal on other models

        • 0
        • truongtran on 14/04/2026 - 16:45

          I believed Sealion 7 is the excluded one together with demo & used cars.

          • 0
        • tightm8 on 15/04/2026 - 09:03

          I spoke to BYD, it's on all plug in hybrid models. Not full electric.

          • 0
          • serpserpserp on 15/04/2026 - 10:51

            @tightm8: That sucks. Guess they have no problems selling the electrics. Anyone who wants to own a car long term would stay away from plug in hybrid

            • 0
      • killingtime on 14/04/2026 - 19:31

        I understand you're just explaining to people but it makes no sense to deposit more than minimum. Stick it in any savings account and get free money

        • 2
        • serpserpserp on 15/04/2026 - 10:53

          Stick it on the mortgage offset.

          • 2
          • MdMa7 on 15/04/2026 - 13:28

            @serpserpserp: Exactly (if you have a mortgage that is)… and it's tax free!

            • 0
  • spackbace on 14/04/2026 - 16:39

    Curious how much the establishment fee was?

    • 8
    • GucciTofu on 14/04/2026 - 16:43

      I don't believe there was an establishment fee, as the price on the website is exactly what I paid. I'm still waiting for my invoice so I'll let you know 100%.

      Salesperson was quite transparent, they sat me down and literally ordered the car right off the same website URL as if you did it from home. Usual charges like Stamp duty, Rego, CTP, Plate fee, and delivery fee was all I paid for on top of the car's price.

      • 0
      • spackbace on 14/04/2026 - 16:46

        Salesman doesn't do the finance, the Business Manager does. A vehicle purchase contract doesn't show the fees and charges of the finance, the finance quote will

        100% there will be an establishment fee, and typically it's pretty high on these low rate offers.

        • 14
        • 3dprintdeals on 14/04/2026 - 16:48

          also interested to know since that offsets the savings

          • 0
        • GucciTofu on 14/04/2026 - 16:49

          This explains a lot!

          My quoted repayment with the salesman was quite different to what the finance person gave me when they took me into the office. Luckily the new repayment was something I was still happy to go forward with.

          Thanks for the insight, new knowledge for my future :)

          • 3
          • spackbace on 14/04/2026 - 16:52

            @GucciTofu: A $2,000 establishment fee will negate the interest rate savings

            So please let us know what it says on your finance quote

            • 3
            • GucciTofu on 14/04/2026 - 17:01

              @spackbace: @spackbace

              Okay finance figures just got emailed through to me.

              Establishment Fee CL: $499.00
              Origination Fee (GST Inc): $1,395.00
              PPSR fee: $6

              • 8
              • spackbace on 14/04/2026 - 17:04

                @GucciTofu: Yeah, $1894 is high. That's because it's where their comms are

                Guarantee if you ran a quote through your bank @ 7%, but $395 establishment fee, the repayments would be similar

                Negging the deal to highlight the higher fees than elsewhere

                • 37
                • montorola on 14/04/2026 - 17:09

                  @spackbace: Isn't it better to pay this off slowly at 1.88% vs withdrawing the lump sum from mortgage offset account at 5.5%?

                  Never had a car loan before but this is looking lucrative…

                  • 1
                  • cornflakes on 14/04/2026 - 17:43

                    @montorola: Hopefully someone can clarify, but can you get the 1.88% on a full 60k loan? I read somewhere that 1.88% was based on a 30k loan only.

                    • 0
                  • MetalPhreak on 15/04/2026 - 03:03

                    @montorola: 5.5% paid over 3 years as a redraw from existing house loan (ie no fees): Total cost $65,223
                    1.88% plus $1.8k fees: $61,755 + $1894 = $63,649

                    Paying $60k for a car that 4 weeks ago was selling for a few grand cheaper, they've just moved the previous discount savings into the finance offer.

                    But then ofcourse 1.88% isn't really the rate you'll get because that's the comparison rate they put up for a 30k loan over 5 years, which doesn't align with the main offering.

                    It's all a marketing "lower number better" BS. You need to look at the payment figures presented and figure out the total cost.

                    • 4
                • cornflakes on 14/04/2026 - 17:39

                  @spackbace: Right? I was looking at this finance deal before OP posted it. Was going to throw down a 30k deposit with a 30k 3 year loan and then I saw the high fees which don't seem worth it.

                  I would've been ok with the establishment fee and monthly account feels. But what the hell is an "Origination Fee (GST Inc): $1,395.00"?

                  • 2
                • Gmann on 14/04/2026 - 21:43

                  @spackbace: Not sure if that's going to be correct. I did the sums with the high fees and I was still better off than taking the money out of my mortgage (5.4%) back in December. I even engaged a broker and they said they could come close but couldn't beat the 1.88% with the fees. Ended up being about 4% as the effective rate

                  • 1
                • buckethat on 15/04/2026 - 09:30

                  @spackbace: You can actually avoid the origination fee by going directly to the financier which if it’s anything like the last round of 1.88% offer - it’s Angle Auto.

                  We’ve got three BYDs in the extended family. Two were via lease, myself included. But my cousin went with 1.88% lease. I reached out to Angle Auto for him and was able to get the deal without the origination fee, since the sale never originated from a BYD dealership, they didn’t have to pay commission to any sales people.

                  This was back in Dec-25 but I imagine it’s no different now.

                  • 8
                  • serpserpserp on 15/04/2026 - 11:44

                    @buckethat: Some heroes don't wear capes

                    • 2
                  • Nuclearvodka on 21/04/2026 - 10:58

                    @buckethat: Funny enough I already have a small loan with these guys, and they basically said "no"

                    Thank you for reaching out. Please contact dealership as we do not provide direct loan to our customer. Dealership will be your loan introducers and can assist you with the trading in process.

                    Thank you,
                    Angle Auto Finance

                    • 0
    • Mulnana on 17/04/2026 - 09:22

      This is my quote: BYD Shark 6

      Drive away price: $58,900

      Deposit: $28,900 → Amount financed $30,000(including on‑roads & fees): ~$32,920

      Interest rate: 1.88% p.a. → Total interest over 3 years: $942.68

      Fees included:

      Origination Fee : $1,595

      PPSR fee: $6

      Establishment fee: $599

      Monthly account keeping fee: $20 × 36 months = $720

      Total fees (excluding interest): $1,595 + $6 + $599 + $720 = $2,920

      Repayment: $940.63 per month

      • 1
      • theblake on 23/05/2026 - 08:41

        that is truly a shit deal. taking into account interest and fees, you paid 8.3% effectively.
        and that doesnt include the extra insurance you may have paid due to financing the car.

        If you already had a home loan you can borrow against the house for less than the 8.3%

        • 0
  • CharcoaI on 14/04/2026 - 16:43

    Any ideas if these rates apply to other BYD's?

    • 1
    • GucciTofu on 14/04/2026 - 16:44

      News to me, but I just checked their website and the promotion seems to apply to a lot of their other models.

      Offers here

      • 0
    • Jock1886 on 14/04/2026 - 21:56

      It's on the hybrid range, full electric not included

      • 2
  • Kegsta on 14/04/2026 - 16:47

    Any Extra fees and charges?

    It's $5300 more than when I got my Shark for 57k Drive away after cashback in July.
    The savings on interest 1.88% vs 5.5% that would otherwise be in my home loan would be around $3000.

    So not a super bad deal.

    I wonder how stock and wait times are going now with the diesel prices.

    • 0
    • montorola on 14/04/2026 - 17:07

      Yeah I'm trying to figure out the math also - seems much better than taking money from offset at 5.5% and slowly paying it off at a lower interest rate over the years. Anything I'm missing?

      • 0
      • Kegsta on 14/04/2026 - 17:20

        Just depends if there is any hidden fees, as there are no other promotions avaliable at the moment this one is a no brainer if its just 1.88% and no other fees.

        edit: i see the fees.
        If using your own money I would wait for the next cash offer promo instead.

        • 0
    • Lord Ra on 15/04/2026 - 00:39

      From the op

      Establishment Fee CL: $499.00
      Origination Fee (GST Inc): $1,395.00
      PPSR fee: $6

      • 0
  • Bisky1 on 14/04/2026 - 16:50

    This deal applies to all their PHEVs and none of their EVs.

    I want to buy an EV from them or a similar quality EV around the 45k mark.

    Full cash is fine, but 1.88% interest is much better in real terms if you consider a 4 or 5% risk free rate, and an 8% novated lease with no extras even cheaper than 1.88%, but with employment and other risks baked in.

    Getting them down to 8% is going to be tough, and you need leverage to do that.

    • 1
    • bargainperson on 14/04/2026 - 16:57

      My lease quote from fleet is 9.09% and they said they cannot lower

      • 0
      • Bisky1 on 14/04/2026 - 18:45

        Thanks for that info, I will definitely contribute my experience in future threads as its a minefield to navigate.

        Booby traps everywhere.

        • 0
    • Lord Ra on 15/04/2026 - 00:40

      From the op…

      Establishment Fee CL: $499.00
      Origination Fee (GST Inc): $1,395.00
      PPSR fee: $6

      • 0
    • Notoriousbird on 15/04/2026 - 10:29

      The fees make the 3 year term closer to 3% pa. Still not bad.

      • 0
  • ocdguy on 14/04/2026 - 16:51

    When is the new BYD Shark dropping?

    • 0
    • GucciTofu on 14/04/2026 - 16:52

      I was told May, you can order them now.

      • 1
    • senectus on 14/04/2026 - 17:58

      whats the new one got?

      • 1
    • skibidigrimacmoggr67 on 14/04/2026 - 20:06

      is that the new one in the deal picture? just judging from the small picture it looks different and a bit worse.

      I think the first (old) BYD shark looked good for a ute/truck. it just looks like a normal good looking ute the shape is just "what you expect", not trying to scream "EV" or "Hybrid" just look normal and kind of tough looking.

      • 0
      • serpserpserp on 15/04/2026 - 11:46

        Gotta look tough at school pickup and the weekend Bunnings run

        • 0
        • skibidigrimacmoggr67 on 16/04/2026 - 17:41

          I stood next to one today. it's a bit big isn't it? that's probably what makes it look tough.

          and just a fyi read a ozb comment recently that said buying a ranger was the best thing they did, because they can finally see over the other cars when pulling out of the school run (with cars queued infront and behind) which makes it much safer.

          • 0
          • serpserpserp on 17/04/2026 - 15:41

            @skibidigrimacmoggr67: Yeah, except now you can't park anywhere cause your car is so huge.

            Plus with such a massive vehicle and lots of small kids, what could go wrong?

            • 1
            • skibidigrimacmoggr67 on 17/04/2026 - 20:48

              @serpserpserp:

              Yeah, except now you can't park anywhere cause your car is so huge.

              Ranger isn't that big. I see them all the time. BYD shark is bigger I think I stood next to one recently.

              Plus with such a massive vehicle and lots of small kids, what could go wrong?

              yes I made that reference in a comment, ozb users didn't like it. 😂 about the US statistics of people running over their own family members in the driveway (more often shorter people who can't be seen when reversing because the ute/truck is so tall).

              • 0
            • Kegsta on 18/04/2026 - 09:05

              @serpserpserp: Im a shit parker and with the Sharks camera system I find it easier to park than my old 2007 Mazda 3 was.

              • 0
  • FrankTT on 14/04/2026 - 17:12

    Speak to Angle finance direct, ask them if can order car through them and to waive the originator fee. They have said yes to me on two occasions. I didn't go through with it because I am going different car on novated lease

    • 2
    • GucciTofu on 14/04/2026 - 17:26

      Did not know about this one, thank you!

      • 2
    • montorola on 14/04/2026 - 17:35

      What's the catch going through these guys?

      • 0
      • cornflakes on 14/04/2026 - 17:46

        You're not giving the BYD salesman a commission. So he's not going to have money for flowers, which means he's not going to get laid. So the catch is you'll be an indirect cock block.

        • 13
        • BusMan247 on 14/04/2026 - 18:42

          As if everyone isn’t trying to earn money to get laid

          • -1
        • lflzg on 15/04/2026 - 09:14

          I think the salesman would always get commission when a car is delivered as long as it is ordered through the sales. But going through a finance company when getting a novated lease can have some catches.

          It is just my experience, my company has contract with a novated lease company so I have to use them to manage the loan as minimum. There is a sales team in that company who can help me find a car and finance it or just finance when I find a car myself. I guess the sales team are making money on the finance and/or some commission if they find the car for you. Either case the car salesman is getting commission.

          But their interest rate was quite high, so I decided to sort out the finance myself with CBA which the rate was about 1/3 cheaper. The sales team was not interested in finding car for me, nor matching the CBA rate, left me to deal with their admin team myself. It was hell of an experience doing that I guess they intentionally making it hard for customers like me.

          What I am trying to say is, regardless which company. If you are getting a novated lease company to look after the finance and novated lease management, AND it is allowed by your employer, there is no catch it is the same as any other novated lease company you just need to find the best deal yourself. If you are getting the finance from a company and the novated lease management with another company like me, then you have to handle quite some extra work to make it happen for the car to be delivered.

          • 0
          • seek on 16/04/2026 - 21:07

            @lflzg: @lflzg based on your extended experience with car leasing, may I please ask how the interest repayment is being calculated?

            For a mortgage, the quoted interest rate is applied at the outstanding mortgage balance (which goes down over time for a principal and interest repayment).

            Does the car leasing fortnightly or monthly repayment work the same way?

            Or the interest rate quoted is applied on the original car loan amount during the lease period even though the loan principal is paid down over time and reduces?

            Thanks in advance

            • 0
            • lflzg on 17/04/2026 - 09:18

              @seek: Hi Seek. I honest didn't look into this because I did calculation on the overall repayments and the residual value throughout the whole loan period.

              I just did a quick calculation based on the original quote, calculated what the interest rate is if principal doesn't get reduced throughout the loan period and result was 1.6% lower than the actual rate. To me it means the principal does get reduced with the repayment.

              Hope it helps :)

              • 0
  • Dollar General on 14/04/2026 - 17:57

    Either get an ICE or a BEV

    Hybrids are what vehicle manufacturers love nervous consumers to buy to increase their margins

    • -7
    • axcairns on 14/04/2026 - 18:20

      I love my PHEV SL6. Had it 16 months filled it up 4 times, all because of trips down south. In city use I never use a drop and for country trips I don't have range anxiety

      • 5
      • serpserpserp on 17/04/2026 - 15:44

        Be interesting to see what the repair costs will be like in 7-10 years.

        If you turn your cars over regularly not a problem I guess

        • 0
    • lazydesi on 14/04/2026 - 18:44

      agrees

      • 0
    • Nick7 on 14/04/2026 - 19:09

      Sure, let me know when you find an equivalent BEV to the shark….

      • 2
      • skibidigrimacmoggr67 on 14/04/2026 - 20:10

        why don't they release it. BYD makes the sealion which is EV. they could just copy paste the parts from that into the Shark.

        I recently been looking and seeing more EV's. IMo BYD and Zeekr are some of the best looking. BYD sealion with those dotted fairy lights and Zeekr just looks like something from a movie.

        • 0
        • mdcsooty on 15/04/2026 - 06:42

          Because a BEV version would only have ~400km range and if towing ~200km
          Have a look at the HiLux BEV & MG U9 range, it’s woeful!

          • 0
          • CharlieAus on 15/04/2026 - 08:34

            @mdcsooty: Plenty of people own a ute and never tow, they're mostly 'dad cars' for the odd trip to the dump, pick up furniture, odd beach trip. Hell, even most of the minority that do tow would be doing it a small percentage of their actual drive time.

            I own an EV with a tow ball, tows the boat and trailer fine, I'm not doing interstate trips with it.

            • 1
    • FrugalityMaximus on 14/04/2026 - 19:52

      Would agree with any other category but batteries aren't there yet for Utes. At least not at a reasonable price and with ute specs that are expected. Would love a Rivian but the price will make us cry when/if it gets to Australia.

      • 0
      • wackedupwacko on 15/04/2026 - 04:00

        I think thats purely because having utes as a regular vehicle isn't a thing in China. I believe they're classified as light trucks and have all sorts of different classifications.

        So they're not really prioritised outside of actual commercial work making it a much smaller market segment compared to here and US.

        But give them a bit of time and i expect them to figure it out. The light commercial vehicle market could really do with some solid EVs.

        • 0
  • Angelscrap on 14/04/2026 - 18:58

    All the BYD cars are parker at Mt Atkinson vehicle storages facility(Next to rail crossing). I wonder why they say theres wait time.

    • 0
    • turk182 on 14/04/2026 - 20:43

      Fear of losing out, they get better sales if they have to "wait for the next shipment "

      • 0
  • Boomer85 on 14/04/2026 - 21:30

    1.88% is like cashed up customers dont care, on budget customers cannot afford.
    Marketing…

    • 0
  • Vasilly6 on 14/04/2026 - 22:20

    These low interest rates always suck. I'd steer well clear of the byd

    • 1
    • Buddy195 on 14/04/2026 - 22:39

      Why do they suck in your experience?

      • 1
      • Lord Ra on 15/04/2026 - 00:41

        Hidden fees

        Establishment Fee CL: $499.00
        Origination Fee (GST Inc): $1,395.00
        PPSR fee: $6

        • 3
      • Vasilly6 on 17/04/2026 - 15:14

        At first glance they are great, once you look into the finer details it's never worth it. They'll get you somewhere. In this case the fees are very high.

        • 0
  • Buddy195 on 14/04/2026 - 22:39

    How generous are BYD with Trade in offers? Heard there was a $3k bonus on trade ins, but can't find any details.

    • 1
    • tightm8 on 15/04/2026 - 09:07

      Dealers all use the same 2-3 groups to sell to on the wholesale market so won't be too different.

      • 1
  • king74 on 15/04/2026 - 01:01

    The Calculation

    Based on the image, we'll assume you are looking at a BYD Shark 6 Premium or a similar high-end model, with a drive-away price of approximately $63,000.

    Loan Amount (Principal): ~$62,000 (after your $1k deposit).
    Total Upfront Fees: $499 + $1,395 + $6 = $1,900.
    Term: 3 Years (36 months).

    If we treat that $1,900 as "prepaid interest" and spread it over the 3-year term, it adds roughly 1.00% to 1.15% to your annual rate, depending on the exact car price.

    Your Effective Rate
    For a 3-year loan on a BYD at these price points:
    Your effective interest rate is approximately 2.95% to 3.05% p.a.

    • 1
  • EitherWayUp on 15/04/2026 - 07:15

    Holding out for a Cybertruck. Trust Elon’s software more than BYD spyware.

    • -8
    • Brick Tamland on 15/04/2026 - 08:50

      Unless you move to the states you will be waiting for a while.

      • 0
    • Ryk on 15/04/2026 - 09:00

      A Rivian could be good

      • 2
      • FrugalityMaximus on 15/04/2026 - 15:15

        Would love a Rivian, hopefully the smaller ones get a right hand drive option we can get in Australia, though I imagine they'll cost a bit.

        • 0
    • tightm8 on 15/04/2026 - 09:08

      Found the Sky News viewer.

      • 2
      • EitherWayUp on 15/04/2026 - 09:24

        Found the perfect customer

        • -3
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