Lumpy There are several ways you could be using you’re ABN to make running a car cheaper. I presume that you are an employee of your company. In which case the simplest way is to simply pay yourself a travel allowance for work related travel. Or you could put in expense claims and the company reimburses you. At least with both of these the costs are pre-tax. If you go the whole hog and hire purchase or lease a car in the company name, then everything becomes pre-tax expense, but you are then subject to Fringe Benefits Tax and all the headache that goes with it. If the use of the car is mainly for business then this could still be an advantage, even with FBT. You have to keep a logbook for a period to calculate what percentage of use is business and personal. The drawback is that the personal component is taxed at the top marginal tax rate. I am not an accountant; I am only talking from my personal experience. I would suggest you talk to an accountant, but you should be able to get yourself a better deal.