Perth-WRX.com  

Go Back   Perth-WRX.com > Off Topic Discussions > Non-WRX Discussion
Register Diddy Kart ArticlesAll AlbumsBlogs FAQ Community Calendar Today's Posts Search


Welcome to Perth-WRX, click here to register!

Reply
 
LinkBack Thread Tools Display Modes
  #11  
Old 06-02-2007, 07:42 PM
American Dave's Avatar
The Modulator
Member
 
Join Date: Jun 2006
Location: In your thread
Posts: 8,461
Blog Entries: 2
Thanks: 117
Thanked 104 Times in 90 Posts
American Dave is a guruAmerican Dave is a guru
Default

Quote:
Originally Posted by fobz
Make sure you run the numbers. Depending on the k's you do it can
sometimes workout more expensive. Also consider that if you buy
a nice car and do it up, then depending on the lease you may be forced
to sell it after 3 years. Nothing worse than spending $$$ on a finance
companys car.
my deal with autopia gives me a roll-over option after initial lease period at bluebook value. This is the beauty of buying the STI! I have taken a 2 year lease and paid a higher monthly payment, but the way things look at the moment with value of MY06 STI, I should book a tidy $$ on changeover and pick out another STI, EVO X, anything under the luxury tax threshold of $62,100.
Please note: I will be taking my few mods off and offering for sale in September 07.
__________________
Funny looking German Subaru
Reply With Quote
  #12  
Old 06-02-2007, 07:47 PM
American Dave's Avatar
The Modulator
Member
 
Join Date: Jun 2006
Location: In your thread
Posts: 8,461
Blog Entries: 2
Thanks: 117
Thanked 104 Times in 90 Posts
American Dave is a guruAmerican Dave is a guru
Default

Quote:
Originally Posted by BigC
Yeah unless you do over 25,000km a year it doesn't work out that much cheaper. But yeah do the math and see how u go Just make sure they will let u mod it
You designate how many miles you are going to drive and they calculate on that. PM me if you want opinion about the modding ?
__________________
Funny looking German Subaru
Reply With Quote
  #13  
Old 06-02-2007, 08:01 PM
Smokey's Avatar
STI Master
Member
 
Join Date: Jul 2005
Location: Perth
Posts: 866
Thanks: 0
Thanked 0 Times in 0 Posts
Smokey at standard level
Default

anyone have a spreadsheet template already done up?
Reply With Quote
  #14  
Old 06-02-2007, 10:10 PM
SIR WRX @ WA's Avatar
Potty Training Scoobie Noobie
Member
 
Join Date: Jul 2005
Location: Perth
Posts: 55
Thanks: 0
Thanked 1 Time in 1 Post
SIR WRX @ WA at standard level
Default

As said before, you have to do more than 25,000 km per FBT year (April to March the following year) to get any benefit for motor vehicle. You can also package superannuation.

Here is a calculator from McMillan Shakespear https://www.msa-online.com.au/CalculatorSP.asp
Reply With Quote
  #15  
Old 06-02-2007, 10:17 PM
Köura's Avatar
DCCD Donut Driver
Member
 
Join Date: Apr 2006
Location: chikibah aabah
Posts: 127
Thanks: 0
Thanked 0 Times in 0 Posts
Köura at standard level
Default

I only did 9000km this year.....but I work on a mine......not worth it for me.

maybe if I drove to site (1600km at least every 2 weeks...fmx_rider help me out on this one) could I get a new STi every year and be financially on top???!!!

You may choose to ignore this post.
Reply With Quote
  #16  
Old 07-02-2007, 07:48 AM
American Dave's Avatar
The Modulator
Member
 
Join Date: Jun 2006
Location: In your thread
Posts: 8,461
Blog Entries: 2
Thanks: 117
Thanked 104 Times in 90 Posts
American Dave is a guruAmerican Dave is a guru
Default

Quote:
Originally Posted by SIR WRX @ WA
As said before, you have to do more than 25,000 km per FBT year (April to March the following year) to get any benefit for motor vehicle. You can also package superannuation.

Here is a calculator from McMillan Shakespear https://www.msa-online.com.au/CalculatorSP.asp
With my novated lease my budgeted km for the year is 20,000 using statuartory method for FBT. The minimum I have to achieve is 15,000 km in year.
__________________
Funny looking German Subaru
Reply With Quote
  #17  
Old 07-02-2007, 09:16 AM
MKVIGTI's Avatar
Subaru Tech Division
Member
 
Join Date: Nov 2006
Location: Perth Burbs
Posts: 1,660
Thanks: 0
Thanked 0 Times in 0 Posts
MKVIGTI at standard level
Default

Mines through MSA as well. Work doesn't pay the FBT so make employee contributions. This works out on 15000KM a year 1/2 is pre tax and the other half is post tax.

Probably don't come out much in front but would still have the MY98 if it wasn't for the lease.

They did say I could package any mods, stereo etc and then do it at any time during the lease but didn't decide to do it till after I had the car so Have to pay for it myself.

At the end of the lease I MUST either buy the car or re-lease it. I can swap it for a new one but you are buying it to sell it not really trading it.
__________________
Stoner & Webber 2011 World Champions
Reply With Quote
  #18  
Old 07-02-2007, 09:57 AM
saturation's Avatar
Subaru Tech Division
Member
 
Join Date: Nov 2005
Location: Perth
Posts: 1,871
Thanks: 0
Thanked 0 Times in 0 Posts
saturation at standard level
Default

nice, always wondered but never been bold enough to follow it through i guess.

Anyone know if its possible to transfer a loan to a lease ?

Have requested some info like wato as well. At best ill come out ahead at worst ill do it for the next car
Reply With Quote
  #19  
Old 07-02-2007, 10:02 AM
Smokey's Avatar
STI Master
Member
 
Join Date: Jul 2005
Location: Perth
Posts: 866
Thanks: 0
Thanked 0 Times in 0 Posts
Smokey at standard level
Default

Quote:
Originally Posted by saturation
nice, always wondered but never been bold enough to follow it through i guess.

Anyone know if its possible to transfer a loan to a lease ?

Have requested some info like wato as well. At best ill come out ahead at worst ill do it for the next car
From my initial enquiries the lease company buys your car off you. This is the bit where I start to wonder where the 3rd party makes their money...
Reply With Quote
  #20  
Old 08-02-2007, 02:00 PM
MKVIGTI's Avatar
Subaru Tech Division
Member
 
Join Date: Nov 2006
Location: Perth Burbs
Posts: 1,660
Thanks: 0
Thanked 0 Times in 0 Posts
MKVIGTI at standard level
Default

Quote:
Originally Posted by saturation
nice, always wondered but never been bold enough to follow it through i guess.

Anyone know if its possible to transfer a loan to a lease ?

Have requested some info like wato as well. At best ill come out ahead at worst ill do it for the next car
With MSA if it is less than 7 years old you can do it. Effectively you just refinance it. More than likely the loan will be more expensive per month but since you pay a proportion of it out of pre tax money it ends up cheaper.

You wan to be sure you are going to keep your job or that wherever else you go will take on your lease otherwise it gets expensive quickly.
__________________
Stoner & Webber 2011 World Champions
Reply With Quote
Reply

Tags
packaging, salary


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
Trackbacks are On
Pingbacks are On
Refbacks are On




Welcome to Perth-WRX, click here to register!

All times are GMT +8. The time now is 11:53 PM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO