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Getting Mods Through Novated Lease

Featured Replies

#1

Got an FG on a novated lease, had a BF with injectors, cooler etc with 300RWkw. Now after having the FG for a year think it is time for a similar upgrade.

Stepped cooler

Pipes

F6 Injectors

Tune.

Anyone know if I can slide some of this into my lease as I way overestimated maintenance and fuel at the start of the year by a couple ok K and also sussing out next years budget. This is my first lease vehicles and not sure of limitations. Thinking of some wheels too maybee.

Advise would be awesome.

Cheers

#2

Don't forget it's all your money mate, so the only thing you're actuallly saving is GST (ignoring income tax for simplification).

When I've done mods I've always just paid out of my own pocket. I don't know what company you're with but mine likes to verify all work done before they cough up any cash (as Bel at Pitlane would testify!), and, quite frankly, "injectors and a tune" isn't really part of the normal service schedule.

You're better off being under budget for the term of your lease and taking a nice payout at the end, or if your lease company allows you can scale back the amounts taken from your pay for a number of months prior to the conclusion of your lease, using up the excess balance. Don't forget that any money salary sacrificed will be taxed at your normal income tax rate when it is released to you (like when you take a package at work).

#3

I think things like clutch, valve springs etc can be done as they are things that just look like regular replacement parts. I doubt they will allow you to mod it with tune etc. If you know someone that will put it down as repairs though they wouldn't care. I did all the mods to mine with my own cash. My mate got his maloo with tien suspension, twin 3 inch exhaust, cai and tune all in lease but the mods were done brand new and included in the new car lease. Another mate got a heap done to his mps at chip torque. Exhaust, wheels, suspension and tune so it can be done. Must depend on the lease company or what the shop puts the mods down as.

Sent from my HTC Desire using Tapatalk

Sent from my HTC Desire using Tapatalk

#4
  • Author

Thanks for the advice guys, I will look into it a bit further. Maybee if I shove a stick through the cooler that may warrant a replacement cooler LOL. Every dollar counts so if I could make advantage of the tax breaks as well as the GST will save a fair bit of coin in the end.

#5

Yeah I will use it for things like the clutch and anything that breaks. Pre tax dollars

Sent from my HTC Desire using Tapatalk

#6

Thanks for the advice guys, I will look into it a bit further. Maybee if I shove a stick through the cooler that may warrant a replacement cooler LOL. Every dollar counts so if I could make advantage of the tax breaks as well as the GST will save a fair bit of coin in the end.

When I had my last car on lease I just sent receipts in for "tyres" when I got the wheels (tyre service wont argue if he's selling) and sent one in for "replace valve springs" "replace injectors" , you get the drift and I was reimbursed into my bank account within 48hrs every time.

Its all in your resove to claim and the receipt.

  • 2 weeks later...
#7

When I had my last car on lease I just sent receipts in for "tyres" when I got the wheels (tyre service wont argue if he's selling) and sent one in for "replace valve springs" "replace injectors" , you get the drift and I was reimbursed into my bank account within 48hrs every time.

Its all in your resove to claim and the receipt.

How does this work with a car still under warranty?
#8

The same would go with warranty as doing any mods.

#9

How does this work with a car still under warranty?

As far as I can see with my last 2 brand new ford purchases their warranty isnt worth the paper its written on because they either put the same sub standard parts back in or do a bodgy crap job or give you the official ford responses of :

Not evident at time of testing

Can not replicate fault.

Normal operation for the vehicle.

Ford warranty is laughable and I would rather get it done by experts with quality products and only have it done once instead of taking up to 6 days off work to get the same problem looked at by sub standard mechanics using sub standard replacement parts.

Edited by howesy

#10

What I was getting at was how would the lease company justify, injectiors and valve springs that needed replacing if the car was supposed to under warranty, and obviously wouldn't replace if you're tuned it like I have. Keen to know as I have injections to go in. Would love my tune for the injections to be paid or refunded by fleet somehow. Need a tuner to dodge up invoice for my next service maybe?

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