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Discover the best EOFY discounts for plug-in hybrid vehicles

 

We show you the best end of financial year deals in effect for the Australian electric vehicle market


With petrol prices on the rise, many Aussies are considering the switch to electric, though don’t want to deal with worries about driving range or long EV charge stops. Plug-in hybrids offer a great stop-gap solution by blending petrol and independent electric power into one convenient package.

Australia’s range of plug-in hybrid vehicles is growing every year, while models continue to grow cheaper. This year’s keen-priced end of financial year deals may be the deciding factor for many Aussies considering plug-in electrification.

2024 BYD Sealion 6 front 3/4 static shot 2

We’ve scoured dealer websites and our inside sources to find you the best PHEV deals so you don’t have to. While discounts usually vary between $1000-$5000, some automakers are offering drive-away discounts in excess of $10,000!

We’ve focused on cash price, drive-away discounts to give you the clearest indication of savings. Where applicable, we’ll point out the ‘extra bits’ dealers are throwing in, too – from service plans to free charging cables. 

All prices shown in this article are driveaway and apply to current MY26-plated new vehicle stock unless stated otherwise. Where applicable, car makers’ best discounts have been highlighted in bold for reader convenience.

If you’re looking for the best plug-in hybrid SUV for your family and unsure where to start, make sure to check out Chasing Cars top electric SUV guide for reviews that are truly independent. Click here to find out more.

Alternatively, if you’re interested in learning more about Australia’s top selling plug-in hybrid utes, make sure to check out our spec-battle here.

Without further delay, here’s the Chasing Cars guide to the best EOFY discounts for PHEVs currently on sale in Australia. 

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Audi

Audi’s plug-in hybrid range spans several cars, though only Q5 and A5 variants are subject to Luxury Car Tax (LCT) discounts. Audi is applying discounts equal to the LCT (before on-road costs) to select PHEV vehicle prices, excluding S and RS models.

ModelPrice (RRP)EOFY Price (RRP)Saving ($AUD)
Q5 e-hybrid wagon$96,900$95,246.10$1,653.90
Q5 e-hybrid sportback$100,400$97,696.1$2,703.90
A5 e-hybrid S-Line Avant$92,90092,446.1453.90

Read our review of the Audi Q5 here.

Read our review of the Audi A5 here.

BMW

BMW’s EOFY discounts apply to nearly all ‘X’ badged vehicles, excluding EVs like the iX3. The German automaker is offering discounts equal to GST – essentially equating to 10 percent off any price before on-road costs. 

ModelPrice (RRP)EOFY Price (RRP)Saving ($AUD)
X3 30e PHEV$106,900$96,210$10,690
X5 xDrive50e M Sport$154,900$139,410$15,900
XM$309,900$278,910$30,990

Read our review of the BMW X3 here.

Read our review of the BMW X5 here.

Read our review of the BMW XM here.

BYD

A new kid in the Australian market, BYD has seen huge sales success over its short four-year local stint. Now a top-ten player in monthly vehicle sales, BYD has a wide range of plug-in hybrid vehicles on offer for EOFY, including its coveted BYD Shark 6 PHEV dual-cab. 

ModelPrice (RRP)EOFY Price (RRP)Saving ($AUD)
Sealion 5 (all variants)From $33,990From $30,990$3000
Sealion 6 (all variants)From $42,990From $39,990$3000
Sealion 8 (all variants)From $56,990From $53,990$3000
Shark 6 Dynamic Cab ChassisFrom $55,900From $52,900$3000
Shark 6 PremiumFrom $57,900From $54,900$3000

Read our review of the BYD Sealion 5 here.

Read our review of the BYD Sealion 6 here.

Read our review of the BYD Sealion 8 here.

Read our review of the BYD Shark 6 Dynamic Cab Chassis here.

Read our review of the BYD Shark 6 Premium  here.

Chery

One of Australia’s cheapest brands hailing from China, Chery’s already sharp-priced plug-in hybrid Tiggo 8 SHS offering sees fixed-rate discounts of $2000 across both of its model grades. 

The more popular Tiggo 7 SHS goes undiscounted, though its close relatives from sister brand Omoda-Jaecoo see price-cuts similar to the Tiggo 8, as outlined here.

ModelPrice (NSW DA)EOFY Price (DA)Saving ($AUD)
Tiggo 8 Super Hybrid Urban$47,990$45,990$2000
Tiggo 8 Super Hybrid Ultimate$51,990$49,990$2000

Read our review of Chery Tiggo 8 here.

Ford

Parent company to Australia’s favourite car for 2025, the Ford Ranger, Ford has seen huge success despite a rather modest range of vehicles when considering its international grandeur, particularly in North America.

Following the introduction of the hugely popular BYD Shark 6 plug-in hybrid ute, as well as likely bowing to pressures from government regulator NVES, Ford has recently developed and produced a plug-in hybrid drivetrain for its coveted Ranger. 

Now, for the end of the financial year, the rather costly Ranger PHEV (usually about $20,000 more expensive than the BYD Shark 6) has seen massive discounts across MY25 variants, with price cuts greater than $17,000.

ModelPrice (NSW DA)EOFY Price (DA)Saving ($AUD)
Ranger Hybrid XLT MY25$79,530$62,000$17,530
Ranger Hybrid Sport MY25$83,730$66,000$17,730
Ranger Hybrid Stormtrak MY25~$89,000*$73,000$16,000

*Approximated drive-away price for MY25 cleared model (variant no longer on sale). 

Read our review of the Ford Ranger PHEV here.

GAC

A market newcomer in Australia which made its debut earlier this year, GAC has just four separate vehicle offerings in Australia, one of which is the plug-in hybrid M8 luxury people mover. That car receives $1000 off its already reduced drive-away price across all grades.

ModelPrice (DA)EOFY Price (DA)Saving ($AUD)
M8 PHEV Premium$ 76,590$75,590$1000*
M8 PHEV Luxury$83,590$82,590$1000*
M8 PHEV Luxury Plus$84,990$83,990$1000*

*Deal includes 7 year / unlimited km warranty, 5 years roadside, 8 year / 200,000km EV battery warranty, free 22kW wall charger. 

Read our review of the GAC M8 here.

GWM

With a huge range of vehicles already sporting sharp drive-away prices, we expect GWM to see great sales results this end of financial year, particularly across its broad selection of plug-in hybrids. GWM’s PHEV range benefits from fixed price drive-away discounts ranging between $2000 and $5000. 

ModelPrice (NSW DA)EOFY Price (DA)Saving ($AUD)
Cannon Alpha PHEV (all variants)From $57,490From $54,490$3000
Haval H6 Lux PHEV MY25$44,990$39,990$5000
Haval H6 Ultra PHEV MY25$47,990$43,990$4000
Tank 300 Lux PHEV$57,990$55,990$2000
Tank 500 Ultra PHEV MY25$79,990$77,990$2000

Read our review of the GWM Cannon Alpha PHEV here.

Read our review of the GWM Haval H6 here.

Read our review of the GWM Tank 300 PHEV here.

Read our review of the GWM Tank 500 PHEV here.

Mazda

Consistently a top-three performing brand in Australia year-on-year, Mazda has an incredibly broad range of products, though only offers one plug-in hybrid drivetrain. The PHEV system appears in Mazda’s CX-60 midsize SUV, which for EOFY sees discounts greater than $15,000 for just one MY25-plated grade – the P50e Pure.

ModelPrice (NSW DA)EOFY Price (DA)Saving ($AUD)
CX-60 P50E Pure MY25$69,028$53,990$15,038

Read our review of the Mazda CX-60 here.

MG

A top-ten player in the Australian market, MG is a British-named, Chinese-owned and assembled brand with several hits and a few misses. It offers just one plug-in hybrid vehicle in Australia — the MG HS Super Hybrid — which sees fixed drive-away discounts of $6000 across both of its model grades for the end of financial year. 

ModelPrice (NSW DA)EOFY Price (DA)Saving ($AUD)
HS Excite Super Hybrid$48,990$42,990$6000
HS Essence Super Hybrid$52,990$46,990$6000

Read our review of the MG HS here.

Mitsubishi

A top ten annual selling performer, Mitsubishi is a popular, safe brand in Australia which spans a modest range of vehicles. Though its best-known plug-in hybrid is certainly the Outlander — which largely pioneered PHEV in the Australian car market — Only the smaller, MY24 plated Eclipse Cross PHEV model range sees discounts for the end of financial year. 

ModelPrice (NSW DA)EOFY Price (DA)Saving ($AUD)
Eclipse Cross PHEV MY24From $45,490From $36,690$8800

Read our review of the Mitsubishi Eclipse PHEV here.

Omoda-Jaecoo

Once two premium sub-brands nested under Chinese automotive giant Chery, Omoda and Jaecoo have since merged (likely due to poor sales) to form Omoda Jaecoo. Since then, the brand has focused on delivering champagne-look yet beer-priced vehicles, largely SUVs, with a variety of hybrid and pure petrol drivetrains. 

Like its Chery parent company, Omoda-Jaecoo has discounted select SHS variants of its vehicles with fixed drive-away discounts between $3000 and $5000 for the end of financial year.

ModelPrice (NSW DA)EOFY Price (DA)Saving ($AUD)
Omoda 9 SHS Virtue$66,408$61,408$5000
Jaecoo J7 SHS Summit$48,590$45,590$3000
Jaecoo J7 SHS Track$44,590$41,590$3000

Read our review of the Jaecoo J7 here.

Read our review of the Omoda 9 here.

Skoda

A lesser known and lesser-performing subsidiary of German auto-giant Volkswagen, once-Czechian Skoda offers a range of well built, well priced, well equipped vehicles which pairs European luxury with largely affordable prices. 

Skoda saw relative success with its Kodiaq seven-seater SUV (particularly in RS guise) last year and has since introduced a new value-focused plug-in hybrid variant with equipment offerings similar to the petrol-only Kodiaq petrol. It sees discounts of $9000 for EOFY.

ModelPrice (NSW DA)EOFY Price (DA)Saving ($AUD)
Kodiaq$59,990$68,990$9000

Read our review of the Skoda Kodiaq here.

Volkswagen

Considered by many to be the entry point of European prestige in the Australian car market, Volkswagen has a wide range of products with drivetrains that greatly vary from diesel to high-performance petrol to electron-sipping electric. 

Both of VW’s top performing midsize SUVs – the long-surviving Tiguan and extended-body Tayron – see discounts across both of their respective plug-in hybrid variants, with EOFY pricing now starting from as little as $61,990 drive-away until June 30.

ModelPrice (NSW DA)EOFY Price (DA)Saving ($AUD)
Tiguan 150TSI Elegance e-hybrid$70,708$63,990$6718
Tiguan 200TSI R-Line e-hybrid$81,168$73,990$7178
Tayron 150TSI Elegance e-hybrid$68,398$61,990$6400
Tayron 200TSI R-Line e-hybrid$83,268$75,990$7278

Read our review of the Volkswagen Tiguan here.

Read our review of the Volkswagen Tayron here.

Volvo

Once Sweden’s halo brand and now owned and manufactured in China, Volvo continues to offer a small but effective range of vehicles in Australia with reasonable pricing which undercuts many of its segment rivals. 

Volvo’s halo car and top seller — the XC60 — has seen relative success in the plug-in hybrid segment, though won’t be discounted for the end of financial year. Its larger, more powerful and costlier XC90 sibling, however, will be discounted, offering price cuts equal to the cost of stamp duty, CTP, and registration fees. 

Buyers will also receive a complimentary five-year service plan if purchasing before June 30.  

ModelPrice (NSW DA)EOFY Price (DA)Saving ($AUD)
XC90 Plus PHEV$135,640$128,783$6857
XC90 Ultra PHEV$146,140$138,783$7357

Read our review of the Volvo XC90 here.

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