Smart, BYD announce novated leasing partnership
Smart has teamed with BYD and DENZA to bring novated leasing information into the dealership purchase process for eligible Australian customers.
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Smart and BYD expand novated leasing access
Smart and BYD announced a strategic partnership on 24 July 2026 that is designed to make electric vehicle ownership more accessible and affordable for Australians. The agreement also covers BYD’s premium brand DENZA and places novated leasing support closer to the vehicle purchase process, including at the point of sale in BYD and DENZA dealerships. 24
Under the arrangement, eligible customers can be guided through salary packaging and novated lease information while considering a BYD or DENZA vehicle. The companies said this includes help understanding affordability, tax savings and total cost of ownership, along with access to government EV tax benefits through the Electric Car Discount for eligible buyers. 24
Scale and context
Smart said its employer network reaches more than 2.5 million Australians across government, healthcare, education, corporate and not-for-profit sectors. It also said it supports more than 580,000 salary packaging customers and manages more than 120,000 novated lease and fleet vehicles under management. 24
The partnership follows rapid growth for BYD in Australia. The company said it recorded 52,335 sales to the end of June 2026, more than double the result at the same point last year, while battery electric vehicles accounted for 23 per cent of the new vehicle market in June 2026 according to VFACTS data. 24
Sources
How we research and correct our articles
- Novated Lease Australia inks BYD finance partnershipitbrief.com.au · 21 Sept 2026 · accessed 22 Sept 2026
- BYD and Smart partner to make EVs more affordable ...smartgroup.com.au · accessed 22 Sept 2026
- McMillan Shakespeare expands BYD & Denza leasing linksfuturefive.com.au · 27 Aug 2026 · accessed 22 Sept 2026
- BYD Australia partners with Smart to boost EV affordabilitycars24.com.au · 29 July 2026 · accessed 22 Sept 2026
- Smartgroup, BYD Partner To Offer Affordable EVs In Australiarttnews.com · 27 July 2026 · accessed 22 Sept 2026
- BYD Offersbydautomotive.com.au · 21 Sept 2026 · accessed 22 Sept 2026
- DENZA Novated Lease Pricing & Calculator | NLAnovatedleaseaustralia.com.au · 8 Apr 2025 · accessed 22 Sept 2026
- BYD Australia partners with Smart on novated leaseschannellife.com.au · 29 July 2026 · accessed 22 Sept 2026
- Novated Lease Australia | Reduce Your Taxable Income & Savenovatedleaseaustralia.com.au · 17 Sept 2025 · accessed 22 Sept 2026
- Smartgroup's Post - LinkedInlinkedin.com · 28 July 2026 · accessed 22 Sept 2026
- Novated Leasing Becomes a New Battleground for Car Brands - Fleet Auto Newsfleetautonews.com.au · 3 Sept 2026 · accessed 22 Sept 2026
- BYD Australia | New Energy Cars, SUVs & Utesbydautomotive.com.au · 21 Sept 2026 · accessed 22 Sept 2026
- DENZA D9 Novated Lease Pricing & Calculator | NLAnovatedleaseaustralia.com.au · 24 July 2025 · accessed 22 Sept 2026
- No Application Fee on BYD Or Denza Novated Leasesmaxxia.com.au · 27 Aug 2026 · accessed 22 Sept 2026
- DENZA B8 Novated Lease Pricing & Calculator | NLAnovatedleaseaustralia.com.au · 24 July 2025 · accessed 22 Sept 2026
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