novated lease

[Guest DFLASH]

anyone here working in I.T and leasing their car thru novated lease or a company like prosperion??

just wanted to know if it's worth it, any benefits or savings, any negative thoughts/opinions??... any recommendations..

i've scored a new job that requires me using my car to visit client sites and was advised that getting a car thru lease would be better due to the tax benefits you get.

would appreciate some insights/thoughts into this..

cheers

Jordan

[7heavn]

I'm looking at getting a my99 or my00 wrx with prosperion soon.Basically with them .....

The car cannot be older then 8years at the end of the lease . running costs are paid with your pre tax income so you actually pay less tax. Among other great advantages of this system the main reason I'll be taking it up is becuase of the insurance benifits. How else can a 19year old living in a western suburb of sydney get insurance on a wrx for $1200 a year . Also it's great for the budget challanged people like myself. All the running costs including the payment on the car is taken out each week, for example when the rego comes they send you a new label so no need to be trying to put money away for things like that.

[ed]

I'm leasing my GT-T through them. Talk to JimBo he'll take care of you.

7heavn has summed it up in a nut shell....great way for people who can't budget themselves!

Prosperion give you a shell card, so if you're VERY picky on fuel brand you might wanna take this into consideration.

EDIT: oh, good thing about shell card is u can use it to buy oils for your car like g/box oil, motor oil, diff oil :uh-huh:

Also service is bundled up...u call them, they come pick up your car and bring it back

[Guest DFLASH]

thanks for the info guys..

i spoke to Chris from Prosperion, he was sitting next to Jimbo

do any of you guys use the car for work purposes? just seeing what are my best options since I gotta claim tax on the use of my own car for my job...

[ed]

Jordan, talk to a tax accountant about it.

Maybe get a quote from Jimbo etc...then show your tax accountant. Just be weary if the accountant tries to put you onto someone else for a lease, usually they get some kinda kick back :shake:

[JiMb0]

Thanks Guys

Jardan, have a quick look at http://board.performanceforums.com/forums/...readid=67141620 if you havn't seen it as yet.

As most proabably know by now, I work at Prosperion. Not only that, but I also have my vehicle through the package that we offer, so you can be assured that I have answers for any questions you have or will have in the future as I've been there and done it all before.

Whether you use the vehicle for business or not, the package we offer is beneficial in any case, even if you travel 40,000 km p/a in the vehicle to and from the Hunter Valley for personal reasons.

http://www.prosperion.com.au

[email protected]

or call 1300 762 788 and ask for James.

If you havn't done so already, give me a call ... take all of 5 mins and we''ll see what we can do.

[Guest DFLASH]

thanks james... my mate just sent me that link a few minutes ago

i'll be speaking to chris again today... if all goes well, i'll approach my employer in 2 weeks time and hopefully they would allow it

ed: if you don't mind me askin... how much did you get your GTT for and was it modded with the body kit, wheels, bonnet etc? what are your repayments like.. if you don't wanna disclose it here you can pm me. cheers

[JiMb0]

Not a problem Jordan .... I think I actually took a message for Jeff from you the other day, he was going to ask me to give you a call (shoulda taken out the middle man ) but I was out of the office at the time.

I'll keep an eye on things to see how they are going and make sure Chris does his best for you.

[Guest DFLASH]

cheers mate, yeah I remember talking to you for a tic.

can't wait to get my car, but also gotta sell the R33 first.

Didn't get to speak to Chris today, I was out.

hey ur from Ashfield? might've seen you driving around b4, i'm in Strathfield area.

[JiMb0]

Don't feel bad ... Chris was pretty busy most of the day

It's definately a small world .. I saw Jen (MISS13) today in her little black beast. What roads do you frequent ?

[Guest DFLASH]

well Hume Highway, Parramatta Rd, Anzac & Harbour Bridge, Epping Rd, Lanecove Rd... soon will be all over the place driving around for work... hence the need for a GTR hahah

[jtir]

dont sign up with prosperion, they're bda mkay?

hahhaah

lower tax threshold

fleet insurance

2 very good reasons to get on a novated lease, how else do u get insurance for $1200 a year?

[Guest DFLASH]

mmm yeah.. i think i'll go with em.. but all depends on my new employer, hopefully they'll allow it.. don't start till week after next, so i'll find out soon enough.

so atm it's between a S15 or R34 GTT

[JiMb0]

yeh, I heard they even insure people with a known track record for street racing

D : If your going for an S15 you better get into gear ... Ryde Nissan only has 3 left las time I checked Yellow Spec S, Blue Spec R GT and a Pewter Spec S .... theres also a Yellow Spec R in QLD, but they're certainly not alot new around ....

[jtir]

Originally posted by JiMb0

yeh, I heard they even insure people with a known track record for street racing

:eek: Unbelievable! Sign me up now! :bahaha:

[JiMb0]

Hehehe, stay away from the runs .. insurance doesn't stop your car being impounded

[Guest DFLASH]

Jimbo: is that all thats left? damn!.. so what options do I have? should I go put a deposit on one? I don't start the new job till next Monday so I still don't know if they'd do it. I will try to maybe ask them sometime this week if they would do it. blue Spec R GT sounds nice minus the gay wing

[JiMb0]

Yeh, there's not too many round unfortunately. It's dissapointing as we we're the largest buyer of S15 200SX in the country, they were a great car and everyone wanted them .... trying to find a suitable replacement is a little hard

If you start your job next Monday I'd be trying to ask your employer now about inc as part of your package, if not, first thing on Monday get us to get in contact with your employer to get things sorted out.

Are you speaking with Chris or myself at the moment in regards to the vehicle ?