BMW 1 Series Coupe Forum / 1 Series Convertible Forum (1M / tii / 135i / 128i / Coupe / Cabrio / Hatchback) (BMW E82 E88 128i 130i 135i)
 





 

Post Reply
 
Thread Tools Search this Thread
      07-22-2017, 06:23 AM   #1
arthurtwp
Private First Class
arthurtwp's Avatar
Australia
11
Rep
193
Posts

Drives: 2009 E87 130i
Join Date: Oct 2013
Location: Perth, Australia

iTrader: (0)

Novated leasing versus Loan

Anyone have any thoughts regarding the above?
Appreciate 0
      07-22-2017, 06:37 AM   #2
martymil
Colonel
martymil's Avatar
Australia
232
Rep
2,014
Posts

Drives: Garage is to big to list.
Join Date: Jun 2013
Location: Sydney

iTrader: (8)

Depends how much you earn and how much you use the car for work related trips

Best is speak to your accountant
__________________
Opinions are like assholes everyones got one and they're often full of crap.
Appreciate 0
      07-22-2017, 09:21 AM   #3
K-Bag
New Member
Australia
1
Rep
21
Posts

Drives: BMW 135i
Join Date: Feb 2016
Location: Newcastle

iTrader: (0)

http://nayeem.net/novatedlease/

Usually leases are good only if they drop you into a lower tax bracket. Otherwise its better to save as much as you can, then borrow as little as you can.

I have a leas on my 135. Great at the time, tax benefits are good (because of the above)but you are locked in for years. If circumstances change, the cost to pay out the lease will be horrendous.
Appreciate 0
      07-23-2017, 12:32 AM   #4
Dyno Junkie
12.92 @ 173.0km/h - 1.84 60'
Australia
1
Rep
35
Posts

Drives: 135i
Join Date: Jul 2015
Location: Perth

iTrader: (0)

I have worked in car finance for 11 years and never considered a lease for any of our personal cars.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 04:29 AM.




1addicts
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST