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





 

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      07-22-2017, 06:23 AM   #1
arthurtwp
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Novated leasing versus Loan

Anyone have any thoughts regarding the above?
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      07-22-2017, 06:37 AM   #2
martymil
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Depends how much you earn and how much you use the car for work related trips

Best is speak to your accountant
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      07-22-2017, 09:21 AM   #3
K-Bag
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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.
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      07-23-2017, 12:32 AM   #4
Dyno Junkie
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I have worked in car finance for 11 years and never considered a lease for any of our personal cars.
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