aniken I don't suffer from insanity; I enjoy every minute of it Donating Members 4,316 Member For: 21y 11m 15d Gender: Male Location: Sydney, south west Posted 26/09/03 10:26 AM Share Posted 26/09/03 10:26 AM $1235 per month out of pre-tax salary, for 18 months, at which point I just give it back and get a new one. All costs included (except tolls ) Link to comment Share on other sites More sharing options...
Guest mvec Guests Posted 26/09/03 10:27 AM Share Posted 26/09/03 10:27 AM I would like to know that as well.I am on a novated lease and it is costing me $1150/mth, but that includes the lease on the car, fuel, insurance, servicing, tyres, greenslip, rego, the works. Is that before or after tax? Link to comment Share on other sites More sharing options...
rainy Member 181 Member For: 21y 6m 21d Location: central coast Posted 27/09/03 01:00 AM Share Posted 27/09/03 01:00 AM cheepa for caash,mate! Link to comment Share on other sites More sharing options...
GlennAUII Former XT pilot Lifetime Members 4,791 Member For: 21y 4m 11d Gender: Male Location: The Womb Posted 27/09/03 04:04 AM Share Posted 27/09/03 04:04 AM hehehehe......FREE! FREE CAR, FUEL, INSURANCE, ALL THAT!!!EVERYTHING!it's a company car! 4 Years lease, then it's replaced! haha! Free! Link to comment Share on other sites More sharing options...
tongueboy Member 457 Member For: 21y 8m 4d Gender: Male Location: Tamworth, Armidale NSW Posted 27/09/03 05:43 AM Share Posted 27/09/03 05:43 AM start in the sh*thouse first and work your way to the penthouse! you are only 21,get yourself anchored with a bit of property and a plan then reap the benefits later when you are mature and responsible and know what you want. And believe me you haven't got a clue now!. I am not winding you up or putting brown stuff on you 'cos I can remember me being 21 all of 25years ago just like yesterday Link to comment Share on other sites More sharing options...
baboon Member 141 Member For: 21y 2m 9d Gender: Male Location: Geelong, VIC, Australia Posted 27/09/03 10:07 AM Author Share Posted 27/09/03 10:07 AM I greatly appreciate the advice from the older and wiser The more I think about investing in property and/or shares the more it becomes a good idea. Maybe I could just wait until I am setup and secure with a job and own property first, ....but ... grrr damn it I WANT I WANT I WANT!!!! :D :D car? property, job, security? car? ... hmm....hang on a minute!!Why cant I have the best of both worlds??? Hey old and wise, maybe you can help me here. Has anyone tried to do the investment property thingy, but also put the cost of a car together!?!? That way I can pay off the property + car in the one package, and have a flash car to drive as well? Just a theory... are there any complications?? Link to comment Share on other sites More sharing options...
Mondie Firm Member Donating Members 2,924 Member For: 22y 1m 3d Location: Adelaide Hills Posted 27/09/03 10:32 AM Share Posted 27/09/03 10:32 AM Why cant I have the best of both worlds??? Hey old and wise, maybe you can help me here. Has anyone tried to do the investment property thingy, but also put the cost of a car together!?!? That way I can pay off the property + car in the one package, and have a flash car to drive as well? Just a theory... are there any complications?? Mate, not sure what you mean by this but if you want to discuss further please PM me.If you are interested in learning more about Property Investing in general, an excellent resource is the Aussie site Somersoft Property Investors Forum Property Investors ForumGood luck Link to comment Share on other sites More sharing options...
ROBiiE Donating Members 62 Member For: 21y 4m 23d Location: Sydney Posted 27/09/03 04:46 PM Share Posted 27/09/03 04:46 PM Is that before or after tax?that's after tax.I find it hard to believe anyone can better that including all expenses paid. I did the calculations and that is by far the cheapest way I could see to do it. That includes 25000kms per yr ($3850/yr in fuel), insurance @ $2600/yr, $800/yr servicing, $1000/yr tyres, rego and green slip. Of course if I was in a higher tax bracket it would be even better... Link to comment Share on other sites More sharing options...
Guest mvec Guests Posted 28/09/03 12:09 AM Share Posted 28/09/03 12:09 AM that's not too bad robbiie. Whats the residual and lease term? Link to comment Share on other sites More sharing options...
OwnaXR6T Member 1,519 Member For: 22y 5d Location: Sydney Australia Posted 28/09/03 01:36 AM Share Posted 28/09/03 01:36 AM My T is my first ever brand new car and the 1st car I have ever got finace for, I have a hire purchase over 4.5 yrs and a 13grand balloon $995 a month, Im 27 and if I was u I would get some property befor u waste 50g on a car, especially if your under 25! My car is nearly 100% tax deductable as well! Link to comment Share on other sites More sharing options...
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