Guest DFLASH Posted February 3, 2003 Share Posted February 3, 2003 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 Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/ Share on other sites More sharing options...
7heavn Posted February 3, 2003 Share Posted February 3, 2003 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. Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-148964 Share on other sites More sharing options...
ed Posted February 3, 2003 Share Posted February 3, 2003 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 Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-149932 Share on other sites More sharing options...
Guest DFLASH Posted February 3, 2003 Share Posted February 3, 2003 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... Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-149961 Share on other sites More sharing options...
ed Posted February 3, 2003 Share Posted February 3, 2003 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: Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-149964 Share on other sites More sharing options...
JiMb0 Posted February 3, 2003 Share Posted February 3, 2003 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. Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-149966 Share on other sites More sharing options...
Guest DFLASH Posted February 3, 2003 Share Posted February 3, 2003 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 Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-149993 Share on other sites More sharing options...
JiMb0 Posted February 4, 2003 Share Posted February 4, 2003 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. Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-151343 Share on other sites More sharing options...
Guest DFLASH Posted February 4, 2003 Share Posted February 4, 2003 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. Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-151416 Share on other sites More sharing options...
JiMb0 Posted February 4, 2003 Share Posted February 4, 2003 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 ? Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-151436 Share on other sites More sharing options...
Guest DFLASH Posted February 4, 2003 Share Posted February 4, 2003 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 Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-151454 Share on other sites More sharing options...
jtir Posted February 7, 2003 Share Posted February 7, 2003 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? Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-155974 Share on other sites More sharing options...
Guest DFLASH Posted February 7, 2003 Share Posted February 7, 2003 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 Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-155991 Share on other sites More sharing options...
JiMb0 Posted February 7, 2003 Share Posted February 7, 2003 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 .... Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-156684 Share on other sites More sharing options...
jtir Posted February 8, 2003 Share Posted February 8, 2003 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: Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-157523 Share on other sites More sharing options...
JiMb0 Posted February 8, 2003 Share Posted February 8, 2003 Hehehe, stay away from the runs .. insurance doesn't stop your car being impounded Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-157739 Share on other sites More sharing options...
Guest DFLASH Posted February 10, 2003 Share Posted February 10, 2003 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 Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-160238 Share on other sites More sharing options...
JiMb0 Posted February 10, 2003 Share Posted February 10, 2003 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 ? Link to comment https://www.sau.com.au/forums/topic/9733-novated-lease/#findComment-160499 Share on other sites More sharing options...
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