I just entered into a novated lease for a MG phev to take advantage of the tax (and other benefits). It was a no brainer for me:
no upfront cost
Save $35k on tax over 5 years
Option to buy car after 5 years for $13k
Save $5k on gst
Save on petrol. I have had it for 1 week and have done 300 kms and only used 13 litres of petrol.
Can be used as backup power for part of the house if we have an outage.
The $50k I was going to spend on a new car has been invested elsewhere earning a nice yield.
Plus have a new car to enjoy.
Biggest no brainer for me ever.
cheers
The definitive EV thread. No spin. No BS., page-196
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Last
$3.89 |
Change
-0.010(0.26%) |
Mkt cap ! $11.70B | |||
| Open | High | Low | Value | Volume |
| $3.91 | $3.92 | $3.87 | $36.68M | 9.413M |
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| 18 | 279061 | $3.89 |
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| Price($) | Vol. | No. |
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| $3.90 | 28100 | 3 |
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| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$3.91 |
Change
-0.010 ( 0.23 %) |
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| Last updated 15.59pm 28/05/2024 ? | |||||
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