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Updated 10-23 20:00
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Up to $1,000 Cashback on Novated Lease of Tesla Model 3, Jaecoo J5 & BYD Sealion 7

Novated Lease Australia
Posted 6h ago

Up to $1,000 Cashback on Novated Lease of Tesla Model 3, Jaecoo J5 & BYD Sealion 7

10 days leftEnds Tue 3 November at 00:00

Get up to $1,000 cashback when you arrange a novated lease through Novated Lease Australia for a Tesla Model 3, Jaecoo J5 or BYD Sealion 7. The BYD Sealion 7 offer can be stacked with factory deals for a potential total of $5,000 cashback. Order by 2 November and settle by 31 January 2027.

Amounts need checking: we couldn't verify the price or saving for this deal, so it's left out of rankings and totals. Check the merchant page.
Source: OzBargain306 comments
Original title

$1,000* Cashback on Novated Lease of Tesla Model 3, Jaecoo J5 & BYD Sealion 7

Something wrong?

Quick take

Good for
  • People buying a Tesla or EV with financing
  • Employees considering salary packaging
  • Those who want tax savings via novated lease
Not for
  • Cash buyers
  • Those who won't pass credit checks
Why it's worth a look
  • Up to $1,000 cashback
  • BYD model can stack to $5,000 total
Watch out
  • Order by 2 November
  • Settle by 31 January 2027
If it suits yousave ~$1000, about 1 hr, credit check — think it through
Worth it?
$1,000
Estimated saving (price drop + cashback + cash rewards)
Reward offer
Effort
Hardabout 1 hr
Hard
Any catches?
1 high risk

Applying creates a hard enquiry on your credit file. Several applications in a short time can hurt your credit score and home loan approval.

See all risk notes ↓
Ends10 days leftTue 3 November at 00:00Who can do it: Specific groupsNo feedback yet — tell us how it went if you try it

Fill in your profile and we'll tell you whether you can do this (state, visa status, banks, memberships).

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Tried it? Tell us how it went to help others

How did it go?

Up to $1,000 Cashback on Novated Lease of Tesla Model 3, Jaecoo J5 & BYD Sealion 7

How to do it

  1. 1Check eligibility: Australian residents 18+, arrange novated lease financing through Novated Lease Australia, and buy from a dealer (no private sales, refinances, or sale-and-leasebacks).
  2. 2Order an eligible vehicle (Tesla Model 3, Jaecoo J5, or BYD Sealion 7) and set up financing through Novated Lease Australia between 20 October and 2 November 2026.
  3. 3Ensure credit approval is obtained from one of NLA's approved funders and a Vehicle Packaging Schedule (VPS) is issued before the offer cut-off.
  4. 4Finalise the novated lease settlement by 31 January 2027.
  5. 5Receive your cashback after settlement completes.
Money-saving tip: Compare rates and fees from other novated lease providers to make sure the cashback isn't offset by higher interest or charges.

Conditions

  • Eligible models only: Tesla Model 3, Jaecoo J5, BYD Sealion 7.
  • Orders must be placed during the 14-day drop period from 20 October to 2 November 2026.
  • Novated lease must be settled by 31 January 2027, or the cashback is forfeited.
  • Dealer purchase only; private sales, refinances, and sale-and-leasebacks are excluded.
  • Cannot be combined with other NLA promotions (e.g. refer-a-friend bonuses).

Risks

  • High riskApplying creates a hard enquiry on your credit file. Several applications in a short time can hurt your credit score and home loan approval.
  • CautionCashback depends on credit approval and full settlement; there may be delays or rejection if conditions aren't met.
  • CautionBYD factory offers have separate time limits (6% discount and $4,000 cashback require orders by 21 December 2026), making stacking conditions complex.

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