Signs BYD is starting a new price war: $4000 cashback on 2026 BYD Sealion 7 electric SUV, Shark 6 ute, Seal 6 sedan and more

BYD has made some of its favourite models even more affordable in Australia.

The Chinese brand is offering a $4000 cashback deal on many of its models including the Sealion 7 electric mid-size SUV and the Shark 6 plug-in hybrid ute.

The offer runs until December 21, 2026, and must be delivered by December 31, 2026.

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It’s also the only EV eligible for BYD’s cashback offer.

The cashback offer means the Sealion 7 undercuts the Tesla Model Y's $58,900 starting price even more.

The Sealion 5 PHEV mid-sizer starts from $33,990, but with $4000 cashback, that brings before on-road costs pricing down to $29,990.

The top-grade Premium grade of the Sealion 5 with the $4000 cashback offer starts from $33,990 (before on-road costs).

The Sealion 5 uses a 1.5-litre petrol engine and electric motor set-up, producing 156kW and 300Nm.

The marginally bigger Sealion 6 is usually priced from $42,990. Taking into account the $4000 cashback, the price drops to $38,990, excluding on-road costs.

It also employs a 1.5-litre petrol engine and electric motor, making 160kW and 300Nm, with more powerful models adding a turbo to boost performance to as much as 253kW and 550Nm.

BYD Sealion 8 is the Chinese brand’s three-row SUV, and has a starting price of $56,990, but with $4000 cashback, that drops to $52,990 (before on-road costs).

The Sealion 8's 1.5-litre engine and electric motor set-up, produces 359kW/675Nm.

2026 BYD SUVs starting pricing, including cashback offer (before on-road costs)
 

Premium and Performance grades of the Shark 6 are also eligible for the deal, starting including the cashback offer from $53,900 and $62,900, respectively.

This will give the Shark 6 a competitive edge against the incoming Chery Stockman diesel plug-in hybrid that's expected to be priced closely to BYD's ute.

The BYD Seal 6 Touring launched in Australia as a wagon variant of the Seal 6 PHEV, usually starting from $39,990 - a $5000 increase on the sedan variant ($34,990).

The Touring variant now starts from $35,990, which is only $1000 more than the Seal 6 sedan's original starting price.

The cashback offer also applies to the standard Seal 6 sedan, available from $30,990 (before on-road costs).

The Touring variant uses a more powerful 1.5-litre engine and electric motor set-up compared to the sedan variant, making up to 163kW and 260Nm.

2026 BYD Shark 6 and Seal 6 starting pricing, including cashback offer (before on-road costs)