Re: Novated Leasing - Your Thoughts?
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The flat 20% fbt killed it for me. I commute just under 100km each way so easily did the kms to enable 7% fbt. Had a VE SS ute and after 5 years had 252000 on it. Got more than the residual from pickles, actually went for fixed price of $12,000 before hitting the auction floor.
The sums just don't add up for me now, so I've gone an old Calais and plan to run it into the ground. Nice and comfortable for the commute and less fuel as I dropped to a 6 instead of an 8
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