Originally Posted by
Mr__Bean
Timiboy,
Is there any way you can do this on a novated lease?
I am on my second 3 year lease on turbo diesel GXL landcruisers, this one ends in October 09 and I will look to do a third lease on a 200 series if I can.
When leasing like this I got an $11K fleet discount which brought my on road cost down to $62K with the towbar and weather shields etc.
I lease for 3 years over which time all expenses are GST excempt and paid in pre-tax dollars.
At the end of my first lease I bought the landcruiser back from them for $32K and then sold it within weeks for $45K (3 year old 100,000 Klms).
Sure you pay lease costs but these are easily accounted for with the fuel cost savings being no GST and pre-tax dollars.
Anyway, just a thought for you.
The fleet discount shows just how much car companies make off the household buyer, stinks really.
- Darren