No application fee on BYD or DENZA novated leases
2:30 minute read
Oly is on a mission to help more Aussies save stacks in tax and drive cars they love.
Oly has teamed up with some of your favourite car brands to make getting into your dream car simpler while you could save stacks in tax along the way.
And as Australia's premium novated leasing partner for BYD and DENZA, we're making the deal even sweeter with no application fee* on eligible BYD and DENZA novated leases for a limited time.
That's money staying in your pocket from day one, on top of the thousands of dollars in tax savings novated leasing can bring.
But don't wait too long. This is a limited time offer from Oly, and eligibility criteria* applies.
Why BYD and DENZA are leading Australia’s EV charge
Since arriving in Australia in 2022, BYD has gone from new kid on the block to Australia's favourite EV brand. With smart technology, impressive features and great value across the range, it's won over plenty of Aussie drivers in a short space of time.
DENZA takes things up a notch. Bringing together premium comfort, advanced technology and standout design, it's built for drivers who like a little extra from every journey. And with the innovation and engineering expertise of the BYD Group behind it, it's already turning plenty of heads.
Whichever badge ends up in your driveway, you'll get a car packed with smart tech, big features and plenty of wow factor.
Pair either with an Oly novated lease and things get pretty legendary. You could enjoy:
- Potential tax and GST savings
- One regular payment covering your lease and eligible running costs
- No application fee* on eligible vehicles and no deposit required
How much could you save with a BYD or DENZA novated lease?
One of the best things about a novated lease? The savings could really stack up.
Because your lease payments and eligible running costs partly or fully come from your before-tax salary, you could pay less tax and keep more money in your pocket. Depending on the vehicle and your circumstances, you could also enjoy significant GST savings.
Want to see what that could look like for you? Jump on our nifty novated calculator or reach out to Oly for a personalised quote.
Why choose Oly for your BYD or DENZA novated lease?
Oly knows BYD
As one of the first novated lease providers to partner with BYD, Oly is now helping Aussies get behind the wheel of BYD and DENZA vehicles every day.
More cars, more choice
Already got your dream car picked out? Great. Still deciding? Oly can help with that too.
Thanks to Oly's nationwide dealer network, Oly can help you find a competitive deal on everything from a Dolphin or Atto 3 to a Sealion 7, Shark 6 or DENZA B5.
Save stacks in tax
With a novated lease, you could save stacks in tax, enjoy GST savings, and make your money go further on the car you really want. That's the kind of legendary story Oly loves.
One payment, less admin
No one dreams of juggling car bills. With a novated lease, many of your eligible vehicle expenses can be rolled into one regular payment, including:
- Rego
- Insurance
- Servicing and maintenance
- Fuel or charging costs
Oly app
Stay in the driver's seat with the Oly app. Track your budget, submit claims and manage your lease anytime, anywhere.
Ready to start your engines?
Keen to see how much you could save by getting behind the wheel of a BYD or DENZA with an Oly novated lease? Complete this form, or give us a bell on 1300 328 182.
*BYD no application fee T&Cs and Disclaimer
Disclaimer
No Application Fee Offer: Eligible new BYD and Denza vehicles ordered between 1 September and 31 October 2026 may receive a waived application fee when financed and approved for a new novated lease with Oly. Visit for full T&Cs.
T&Cs
MMS BYD No Application Fee Promotion
Promoter
This promotion is conducted by Oly Pty Ltd.
1. Offer
Eligible customers who place an order for an eligible new BYD or Denza vehicle during the Promotion Period and apply for a new novated lease through Oly. will receive a waiver of the standard novated lease application fee ("Offer").
The value of the Offer is equal to the applicable Oly. application fee that would otherwise be charged in connection with establishing the novated lease.
The application fee will not be charged in connection with the establishment of the eligible novated lease.
2. Promotion Period
The Offer is available for eligible vehicles ordered between 1 September 2026 and 31 October 2026 inclusive ("Promotion Period").
3. Eligibility
To be eligible for the Offer, customers must:
- be Australian residents aged 18 years or over;
- be eligible for and enter into a new novated lease through Oly.
- place an order for an eligible new BYD or Denza vehicle between 1 September 2026 and 31 October 2026 inclusive;
- satisfy all novated lease eligibility requirements, including employer participation requirements where applicable;
- receive approval for the novated lease application.
4. Eligible Vehicles
The Offer applies only to:
- new BYD and Denza vehicles specified by Oly. as eligible for the promotion;
- vehicles sourced through participating authorised BYD and Denza dealers or channels approved by Oly.
Unless otherwise advised by Oly, demonstrator vehicles, used vehicles and commercial fleet purchases are excluded.
5. Exclusions
- The Offer is not available:
- on existing novated leases;
- for lease refinances, restructures or transfers;
- on cancelled orders;
- where the customer is not approved for a novated lease;
- where required documentation is not completed;
- to fleet, government or corporate purchasing arrangements unless expressly approved by Oly.;
6. Offer Conditions
The Offer:
- is not transferable, refundable or redeemable for cash;
- cannot be substituted for any other benefit;
- applies only to the application fee and does not reduce other fees, charges, repayments, taxes, registration costs, insurance premiums or vehicle costs;
- is applied once per eligible novated lease.
7. Finance Approval
All novated lease applications remain subject to assessment, approval criteria and documentation requirements.
Nothing in this promotion guarantees approval of a novated lease.
8. Vehicle Delivery and Settlement
The Offer is determined by the date on which an eligible vehicle order is placed.
Vehicle delivery, registration, settlement, lease commencement and finance drawdown may occur after the Promotion Period and do not affect eligibility for the Offer, provided the vehicle was ordered during the Promotion Period and all other eligibility requirements are satisfied.
9. Variation or Withdrawal
Oly reserves the right to amend, extend, suspend or withdraw the promotion at any time where reasonably necessary, subject to applicable law.
10. Privacy
Personal information collected in connection with this promotion will be handled in accordance with the applicable MMS Privacy Policy.
11. General
Participation in this promotion constitutes acceptance of these Terms and Conditions.
Ready to drive?
You don’t need to work for a big company to get big benefits, but to be eligible for an Oly novated lease you do need to be:
- Employed full-time, part-time or self-employed
- Earning a set salary (AKA not unemployed, retired, or a ride share driver)
- Looking for a car for personal use
Fill out this form to kick things off, then check your inbox for a link to create your Oly login to apply online (hint: check your spam/junk folder).
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