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$4,000 Cashback on Selected BYD Sealion 5, BYD Sealion 6 and BYD Sealion 8 Models (Ordered on 16 May) @ BYD

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Exciting news! Festival BYD is back tomorrow, Saturday 16th May. Visit your local BYD dealership and experience the energy of Festival BYD with exclusive in-store offers, activities, and the latest BYD range on display.

For tomorrow only, we’re turning up the excitement even further with an exclusive bonus offer across selected models.

SATURDAY ONLY OFFER!

Receive a $1,000 Bonus Cashback* on selected BYD SEALION 5, BYD SEALION 6 and BYD SEALION 8 models.

That means you can unlock a total of $4,000 Cashback for one day only.*

Don’t miss your chance to be part of the celebration tomorrow.

*Ordered on 16 May 2026 and delivered by 31 May 2026, available on new eligible BYD SEALION 5, BYD SEALION 6 and BYD SEALION 8 vehicles.

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Comments

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    • +29

      I'm surprised anyone thinks commuter cars will have much residual in the future.

      They are now akin to smart phones, designed to be used up and replaced. It's been trending this way for a little while now.

      There will be a market for cheap used EVs, but the perceived risk of battery pack failure will put a lot of downward pressure on residual value for owners since new.

      • +9

        EV cars and batteries can last for long time
        but battery health and longevity will highly depends on how the battery are maintained (eg. charging cycles, DC fast charging vs AC charging, temperature etc.)
        the real problem is, at the moment there are not many services that can provide detailed reports about EV battery SoH (just like you need RWC for ICE car)
        so people feel less confident to get 2nd hand EV as its a bet whether the battery is healthy or not

        eg. Mycar has now provide Battery SoH report service: https://www.mycar.com.au/ev-battery-test

        • +1

          And most/all of the motor clubs RACQ, NRMA, RACV, RACT etc

        • +3

          That report from MyCar isn't worth the paper it is printed on. It merely reads out info via OBD2.

          That means it reports the SOH that the BMS uses internally. The problem - with some makes at least - the BMS often doesn't actually know the SOH.

          The only way to get a reliable SOH is to do a full discharge and charge. I don't know of anyone that offers this as a service.

          That said: LFP batteries have been around long enough now that I would buy a vehicle with LFP battery from a reputable manufacturer without even asking for SOH, just based on vehicle age and km travelled.

          LFP batteries are so robust that it doesn't matter much how they were charged as long as they have a BMS that limits charging and discharging to safe voltage and current levels and within the safe temperature range.

          • +4

            @team teri: One major issue in Australia is the lack of experienced EV mechanics with deep knowledge of electric vehicles, especially when it comes to properly testing battery State of Health (SoH).

            Battery testing and repair also require additional certifications and safety procedures because EV batteries operate at high voltage and carry risks such as electric shock, fire, and thermal runaway.

            Besides the electrical side, EV technicians also need brand-specific knowledge to configure, calibrate, and reset Battery Management Systems (BMS), which can vary significantly between manufacturers.

            In China, due to the very high EV adoption rate and market maturity, there are already many specialised EV battery repair centres. These workshops can often repair battery packs at module or even cell level, instead of replacing the entire battery pack.

            In many cases, when the BMS reports a battery fault, the actual issue may only involve a small number of degraded or low-voltage cells. Skilled technicians can identify and replace only the defective cells, rebalance the pack, and restore the battery to working condition — avoiding the extremely high cost of full battery replacement.

          • +3

            @team teri: I did exactly that in April 2025: bought a used BYD Atto 3 with LFP battery at 64,000km without caring about SOH. Which checks out at 93.5% on OBD2 if you want to know. There are Uber drivers with 300,000+km on these LFP blade batteries and they're still around 90%.

            What's more you can charge them to 100% as much as you like without degrading the battery. The only caveat is that you have to do a "calibration charge" once every 4 months: run it down to under 10% then charge to 100% on AC (not DC fast charger).

      • +21

        I'm definitely telling everyone batteries need to be replaced every 5 years so I can buy a 4yro ev cheap.
        I'll sure have egg on my face when the battery is still delivering 80% ten years later.

        • -4

          300km hiway range to 240km.

          • +1

            @Mokr:

            300km hiway range to 240km.

            ohh wow 240km is 2 days to work and back for me

            • +3

              @Wiadro: And now we know why you're so miserable a person.

          • -2

            @Mokr: Hard to imagine any real world use for a vehicle that could only travel 240km on a highway.

            This is why I think 4yro evs should sell for 80% off their new price. Sorry early adopters , the market has spoken.

              • +9

                @botchie: this deal which has increased cash back: BYD Sealion 5, BYD Sealion 6 and BYD Sealion 8
                are all PHEV, their driving range are all over 1000km

              • @botchie: You a highway trucker, putting in the big kilometers? I understand over 95% of people are similar which is why evs can never work.

                Another reason 4yro ev drivers should sell me their cars for 80% off!

                • +2

                  @mskeggs: if you don't end with /s, you're gonna have a bad time here

              • @botchie: *if you're serious

            • +1

              @mskeggs: You really need to get out more, that's not even slightly difficult to imagine

              • @larndis: I thought it would be useful for commuting, school run, shopping, etc.
                But I didn’t consider if I moved more than 120km away on the highway from the school/work/shops I’d have to charge every day.
                No way I would pay full price for a car in case i move that far away.
                I also now understand a Atto 2 might not be suitable for interstate trucking, so is only a toy vehicle.

                That’s why I insist all four year old EV owners should sell their used cars for 80% off RRP.

                • +1

                  @mskeggs: Well I didn't buy it new, but my Atto 3 easily gets our family wherever we need to go daily, and we have an ICE for extra space/flexibility when needed. We charge as often as required, if that was every day that wouldn't be a problem. We haven't been to the fuel station in months, I'm pretty happy.

                  • +1

                    @larndis: I’m assured you must be some sort of snowflake liar because everybody tells me secondhand EVs cannot possibly work and you must secretly be miserable.

                    Please go spread these lies elsewhere instead of wasting the good people of OzBargain’s time, as they happily refuel their RAM trucks - the only type of vehicle any sane person would buy.

            • +1

              @mskeggs: My friends Tesla model S has still over 82% of the battery remaining after 10 years and 330,000km. A 4 year old EV, is like an ICE car that hasn't been run in yet..

              • @PerthectDeal: Impossible! Everyone on OzBargain that has never owned an EV tells me it can’t happen and you must have secretly bought a new battery.

          • +1

            @Mokr: Thanks for subsidising our EVs bro, much appreciated.

      • -2

        "They are now akin to smart phones"

        Correct

        EVs are now basically a technology purchase

        Todays new technology is superceded by tomorrows better technology in EVs
        And this technology is improving very rapidly!.
        And warranties are improving all the time, including on the EV battery.
        Range is also improving almost every year as is the quick charging.
        So your lovely new EV becomes quickly outdated - usually within 3 years!
        And hence it is guaranteed to depreciate in value very fast!

        If you think ICE cars depreciated quickly you aint seen nothing yet.
        The technology improvements in ICE cars improved very little from year to year.
        Even the technology of 10 year old ICE cars has caried forward to today.
        Yes the built in navigation has improved and Apply Car Play and Android Auto are built into the new stereos.
        However these are easily updated with new car stereos at low cost.
        Alternatively all 10 year old models had Bluetooth anyway so your smart phone replaces the outdated navigation anyway.
        And the new 11" screens that attach to the top of your dash as well, enhance the smart phone experience just like the new stereos and these can be purchased under $100.

        • Thanks Doc agree, I am planning to keep my EV for >10-15 yrs, that solve the issue and have saved me $$$ of petrol as charging from sun for free.

          • -2

            @huntabargain: yes that works perfectly well
            Hopefully the car manufactuer doesnt pull out of Australia
            Or worse still shuts down operations all together as some Chinese ones have done already leaving thier car owners high and dry.

            • @Dr Phil: Yes agree some car manufacturer could pull the plug and pack from Australia, I suspect some traditional brands would be first to go, BYD is now 2nd highest car sales in Aust in April, so not going anywhere.

    • +6

      I understand from an accounting point of view and if you upgrade cars often, but unless you're buying a rare exotic vehicle, is it really necessary to consider residual value on what is essentially a consumable item?

      • +4

        Everyone thinks their car is worth more than it is.

      • +3

        I run my cars into the ground, so my residual value calculation is basically vehicle mass × scrap price per kg, minus whatever the tow truck charges.

        • It goes up by $800 at rego time then drops 1/12th each month.

    • +18

      A car losing value after it's purchased new? No way. I was always under the impression that my Hyundai Getz was a commodity traded on the open market and we all know, it only goes up.

    • i thought people were only buying these for cheeky business tax write offs?

    • +5

      Who the hell is thinking about the residual value of their personal car lmao.
      So desperate to find a reason to shit on EVs and/or Chinese cars.

      • +2

        Should have waited longer to sell an old EV. Prices jumped at least 10-15% due to the war.

      • -2

        Probably any financially responsible adult.

        • +4

          Do they buy brand new cars? Doesn't sound very financially responsible to me.

          • -3

            @smartazz104: Some new cars dont depreciate like a rock.

            • @Brick Tamland: By this trend, even Toyota will depreciate like a rock in few years.

              When driverless vehicles technology is mature, owning a car is a collection hobbit.

        • Maybe we should all be buying Toyotas then lol. Then we can judge if a person is financially responsible by whether they drive a Toyota or not.

    • My maths tells me residual value is $4K + whatever you can sell at the time + opportunity gain from $4K upfront cashback.

      How is ICE residual value when BEV taking over ?

      • -4

        ICE residual value

        its excellent, im able to afford my dream cars now tbh

        • What are your dream cars?

            • +9

              @Wiadro: The familiar (and tiresome) sound of e-penis flapping in the breeze

            • @Wiadro: This is some sort of TikTok card list thing?

            • @Wiadro: E39 M5? A man of culture I see.

            • +1

              @Wiadro: Judging by the choices, you should buy any new Maserati and a Porsche Taycan Tourismo

              • @Big L: no way, i dont wanna own trash

                • @Wiadro: You're obviously a big fan of depreciation though

    • This comment on a Tesla discount post will gain upvotes for sure.

  • Does anyone know what's their file or admin charges for the 1.88% offer?

    • +2

      The one I want to know. I’ll swing by BYD today and ask.

      • Were you able to confirm?

  • If I’m not mistaken $1000 extra(exclusively for tom), $3000 cashback has been ongoing for sometime now?

    • Latest $3000 was just 2 days ago. It comes and goes.

      • +2

        no, the $3000 cashback is still ongoing

        $3000 cashback:

        • Orders between 1 April and 29 June, Delivered by 30 June

        the additonal $1000 cashback:

        • Ordered on 16 May 2026 and delivered by 31 May 2026
    • @seafades $3k a few weeks now but the bonus 1k just got announced for tomorrow.

  • +1

    Ordered on 16 May 2026 and delivered by 31 May 2026

    basically meaning only in-stock vehicles will get the cashback

  • +1

    *Vehicle must be delivered by 31May 2026.

    Unless the car is already sitting in the yard, no chance of getting it by that date nor the bonus.

    • EV's maybe not, but PHEV probably has stock.

    • +1

      Remember that story late last year when jamberoo park near Wollongong got in trouble for storing 1600 BYDs. I assume they have some types in stock and not others and plenty of them

  • BYD have an absolute bumper amount of vehicles coming in to Australia this month: 30,000 extra EVs and hybrids over May and June
    https://thedriven.io/2026/04/16/byd-announces-extra-30000-ev…

    • BYD sold 7700 cars in April
      so 30000 are around 4 months of stock

      • +4

        Hopefully they have over-ordered and we bargains

        • That was always guaranteed. They have been dumping for some time now.

          • @jaimex2: At least we don't have a car industry now to support otherwise we'd hear the complaining about dumping practices.

  • +11

    No deals on full electric. Dont think they are selling much of the hybirds. I wouldn't buy one. Need to service petrol and electric.

    • +6

      Yeah I do my own oil changes, what is point of hybrid if I still have to do oil changes and ICE maintenance of two separate power systems. I'd rather all electric or all petrol.

    • Hybrids have a much simpler transmission than full petrol cars; the electric drive is the transmission. So that partially offsets that concern. And they are much more fuel efficient than full petrol.

      • Transmission is not a regular maintenance. Its the yearly maintenance needed on maintaining petrol motor

        • It's no worse than a petrol engine. The electric motor/transmission needs minimal maintenance. Sure; all electric would be better, but hybrid isn't an increase in service burden over full petrol

          • @askvictor: How can it not? Dont you need to do electric and petrol maintenance?

            • @Jklaro: Electric motors don't need nearly as much maintenance as petrol. Comparable to the amount on maintenance a transmission needs (which, in a hybrid, is the same thing)

  • -8

    What if you get one of the vehicles infested with ants because they have been parked outdoors for months while waiting to be bought?

  • +1

    Any full electrics that have 4k cash back?

  • I ordered like 5 days ago… wondering to cancel and re buy far out lol

    • +2

      Buy another one and return the current one

    • 100% you could before delivery

    • Just sign another contract tomorrow for the exact same car you already ordered.
      If it comes before 31st May then keep that one and cancel the other. If it doesn't, then cancel the new one and keep the original (earlier in the queue).

  • Warning: must be delivered by 31st May. Getting a new car in 2 weeks is risky unless buying from the few that are in stock.

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