Novated Lease.

[FPV TRANNY]

Thanks for your help F/G

The misses has help me get my head around it.

[Ford Grunt]

Thanks for your help F/G

The misses has help me get my head around it.

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No worries anytime. :banghead:

FG

[Ford Grunt]

Yeah sorry - I didn't realise there was a pro in the house at the time :banghead:

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Ha ha resident expert. Had just been replying to few other questions and happened to be in 'da house'.

FG

[markvan]

Hey all

Just wondering what you guys are paying for your leases a week if you dont mind telling. I got quoted 500 a week on 30,000kms/year 36 month lease, Just wondering if that is a ball park figure

[Blonk]

Hey all

Just wondering what you guys are paying for your leases a week if you dont mind telling. I got quoted 500 a week on 30,000kms/year 36 month lease, Just wondering if that is a ball park figure

Sounds about right.. Depending on what extras

[Dagabond]

Hey all

Just wondering what you guys are paying for your leases a week if you dont mind telling. I got quoted 500 a week on 30,000kms/year 36 month lease, Just wondering if that is a ball park figure

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Sounds about right.. Depending on what extras

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$220 a week, 3 years, Tornado.... (no fbt k's dont matter) ....

Also pay for my own fuel tyres servicing etc.

[BA-PHOON]

Hey all

Just wondering what you guys are paying for your leases a week if you dont mind telling. I got quoted 500 a week on 30,000kms/year 36 month lease, Just wondering if that is a ball park figure

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.....Sounds High?

Over 25,000k's per year, 36 months, $32,000 residual incl GST, at just under $1,600 per month..... and that's on a car I paid way too much for!

(First one in Tassie, paid deposit 5 months prior to release/delivery= no haggling power!!)

- and I doubt I got the best lease deal either (Lease Company dictated by employer)

Includes everything - fuel, rego, insurance, service costs, tyres etc.

I also had them budget for extra tyres about 1 set per year at ~$500 per corner (won't last longer than 25,000k's if driven 'properly') and servicing costs (oil and filter every 7,500k's), etc

Do It! -You won't regret it!

[cooltint]

Hi There

I'm currently paying $1145 p/mth over 48 months with an $18,000 balloon. However I'll sell it before then when the value roughly equals the payout it's usually 2.5-3yrs. My company pays for all running costs.

Big AL

[Nerazzuri]

I am paying $320 per week for mine. This gives me fuel, tyres, insurance, rego and maintenance. 24K residual inc. GST. This lease is 3 years, 25,001km so yours should be cheaper.

I suggest getting a quote from SMB (www.smb.com.au). Paul Arthur is the guy there who has been very helpful to me, ask to speak with him.

[scooter]

On Friday Arvo whilst having a beer at work we were discussing Novated Leases and Company KM's whether they were claimable at tax time.

This is a company novated lease BTW ( as opposed to a external company ). Company like all novated leases include lease + running costs.

I have had my turbo on lease for 3 years now and never claimed company KM's. ( Premium Fuel locked @ 80cpl - before tax)

As technically I pay the running costs albeit before tax should I or shouldnt I be claim it back at Tax time???? Ive done a search on this site as well google and find no reference to company KM's.

Mind you anyone considering a Novated Lease should search this site as there are some very good topics on it with great advice.

Any experts can help?

Scoot