Under the Bonnet
Ute · prices before on-roads

BYD Shark 6

UtePlug-in hybrid
$51,990–62,900
Price range (before on-roads)
$867/mo
Example monthly repayment

Your numbers

Pick how you'd buy it. Every number updates as you change the inputs.

Chattel mortgage repayment
$867 per month
Amount financed$53,900
Balloon due at end$16,170
Total interest over 5 yrs$14,299
Total paid$68,199
GST credit back on your BAS (1-tonne+ ute)$4,900
Year-1 interest you may deduct (90%)$3,589

Repayments in arrears at the example rate. Not a loan offer: your rate depends on your credit, the lender and the asset. A bigger balloon lowers repayments but adds interest.

Rates on this car

Manufacturer offers we found, and what the market is charging right now.

Offer

BYD cashback

$4,000 cashback across the range. Use it as a bigger deposit with any lender.

EndsOrder by 21 Dec, deliver by 31 Dec 2026
Source
Market average car loan
7.82% p.a.

Good-credit borrowers typically 6.95%–9.95% (Oct 2026). Business chattel mortgage rates vary by lender and ABN history.

At 7.82% your repayment is $867/mo

Rates are estimates from public sources, not offers from Under the Bonnet. Market source

What owners are reporting

Recalls and common problems. Recalls are fixed free by the dealer, so they're not a reason to skip a car, but check the VIN before you buy.

  • RecallSept 2026

    32,009 Shark 6 built 29 Aug 2024 to 15 Jun 2026: the spare wheel cable can wear and the wheel can fall off. Remove the spare until the free 30-minute fix is done.

    Source

Check any car's recalls by VIN at vehiclerecalls.gov.au.

What applies to this car

Tax and rule checks for the variant and price above, using 2026–27 thresholds.

Depends on payload

GST credit

If this ute is built to carry 1 tonne or more, it isn't a "car" for tax, so a GST-registered business can usually claim the full $4,900 GST credit. If it carries less than 1 tonne, the credit is capped at $6,353. Check the payload on the compliance plate.

Payload test

Depreciation limit

The $69,883 car limit only applies to cars. A ute carrying 1 tonne or more can usually be depreciated on its full cost.

Below threshold

Luxury car tax

Below the $80,809 LCT threshold.

No exemption

FBT on a novated lease

Plug-in hybrids lost the FBT exemption for new arrangements from 1 April 2025. A novated lease is still possible, but FBT applies.

Not this car

Instant asset write-off

The permanent $20,000 write-off only covers assets costing less than $20,000. This car is over that, so it goes in the small business depreciation pool instead.

Proposed for July 2027

Road-user charge

NSW plans a per-km charge from July 2027 (about 2.4c/km), and WA has proposed one too. At 20,000 km a year in NSW that's roughly $480.

Running costs

Our estimates. Change them to match how you drive and what you pay.

Fuel per year$760
Fuel per week$15
Repayments + fuel over 5 years$55,829

Plug-in hybrid figure assumes you charge most days. Fuel use rises sharply if you don't.

Alternatives

Same deposit, term, rate and balloon, at each car's typical variant.

Ute · DieselFord RangerXL (entry) · $42,200$679/mo$188 less per monthUte · DieselMitsubishi TritonGLX+ dual cab pick-up 4x4 · $53,990$869/mo$1 more per monthSUV · ElectricGeely EX5Complete · $41,990$676/mo$192 less per month