Labor Electric Car FBT discount

[Jmadrox]

Unfortunately not they don't sit again until 25th of October

Ffs. I've ordered a M3LR on the hope of this. Not phased if I need to stump up the cash, but I was so frustrated by the long delivery..... Now.... Might work out in my favour. Still sitting at Feb to May 2023 delivery....

 

[hyperdallas]

Ffs. I've ordered a M3LR on the hope of this. Not phased if I need to stump up the cash, but I was so frustrated by the long delivery..... Now.... Might work out in my favour. Still sitting at Feb to May 2023 delivery....

You will be fine. I’m in the same boat as you but I can’t see them taking 5 months to finalise it.

 

[_ajs_]

You will be fine. I’m in the same boat as you but I can’t see them taking 5 months to finalise it.

And the legislation in its current form is backdated to 01 Jul 22. No one is arguing about that aspect so hopefully it will stay intact.

 

[hyperdallas]

And the legislation in its current form is backdated to 01 Jul 22. No one is arguing about that aspect so hopefully it will stay intact.

Even if it doesn’t, based on Teslas delivery times, still should be fine.

 

[Jmadrox]

You will be fine. I’m in the same boat as you but I can’t see them taking 5 months to finalise it.

We all confident it will pass? I like to hope it will, but still nervous

 

[hyperdallas]

We all confident it will pass? I like to hope it will, but still nervous

We shall see. Worst case you don't salary sacrifice and just get a loan for it. Then when it does pass, you salary sacrifice and pay off your loan.

 

[Shock-On-T]

We shall see. Worst case you don't salary sacrifice and just get a loan for it. Then when it does pass, you salary sacrifice and pay off your loan.

Very true!
Never forget: it's not all about financial optimisation.
Don't forget the pleasure of actually having the vehicle!

 

[Jmadrox]

Very true!
Never forget: it's not all about financial optimisation.
Don't forget the pleasure of actually having the vehicle!

Haha absolutely, but if I can save some money I will.

 

[Jmadrox]

Not sure if this fits here, it's a little o.t. but couldn't find anything closer in the Aus channel.

Can I include after market rims into my Novated Lease? Would be Getting theme before delivery of the car and as part of the initial lease sum

 

[M@dman]

Not sure if this fits here, it's a little o.t. but couldn't find anything closer in the Aus channel.

Can I include after market rims into my Novated Lease? Would be Getting theme before delivery of the car and as part of the initial lease sum

I have done this before and had to have the wheels on the dealer invoice for the car. Not sure if that will be easy with Tesla’s purchasing you could always ask them. I think it is the same for most accessories.

 

[Priit]

I have done this before and had to have the wheels on the dealer invoice for the car. Not sure if that will be easy with Tesla’s purchasing you could always ask them. I think it is the same for most accessories.

I was wondering if you could put them in with replacement tires as ongoing maintenance cost after purchase and spread over a year or the whole term. I know you can put replacement tires under maintenance cost, so how about packaging the tires with rims or would that be against the rules? Personally I have not replaced rims, just tires, so don't know the exact rules on this.

 

[M@dman]

I was wondering if you could put them in with replacement tires as ongoing maintenance cost after purchase and spread over a year or the whole term. I know you can put replacement tires under maintenance cost, so how about packaging the tires with rims or would that be against the rules? Personally I have not replaced rims, just tires, so don't know the exact rules on this.

I’m almost certain you cannot. I think the rules are set out in the ATO website somewhere.

 

[notout]

We shall see. Worst case you don't salary sacrifice and just get a loan for it. Then when it does pass, you salary sacrifice and pay off your loan.

That's something which I am hoping to do too. A question here though, how would the GST be treated at the time of moving from Loan to Salary sacrifice. Would you still be exempted from the GST as at purchase?

 

[Priit]

I’m almost certain you cannot. I think the rules are set out in the ATO website somewhere.

You might be on to something with that. I had a quick browse through the ATO website and noticed they list:

• decline in value
• registration
• insurance
• maintenance
• repairs
• fuel costs.

So unless you crack or dent the rim, forcing replacing them to go under repairs, it would most likely not be covered.

 

[_ajs_]

You might be on to something with that. I had a quick browse through the ATO website and noticed they list:

• decline in value
• registration
• insurance
• maintenance
• repairs
• fuel costs.

So unless you crack or dent the rim, forcing replacing them to go under repairs, it would most likely not be covered.

This is my understanding also from previous NLs. I tried to include a roof rack system once and they wouldn’t let me unless it was invoiced with the car from the manufacturer.

As always though, check with your accountant or leasing company directly.

 

[Skurfer]

You might be on to something with that. I had a quick browse through the ATO website and noticed they list:

• decline in value
• registration
• insurance
• maintenance
• repairs
• fuel costs.

So unless you crack or dent the rim, forcing replacing them to go under repairs, it would most likely not be covered.

Obviously don't take this as advice, but with my previous lease for a 4wd, every time I got a new accessory that was replacing an existing OEM part, such as new wheels, bullbar to replace a bumper, long range tank to replace the stock tank and so on, I just lodged the receipt to my lease company for reimbursement with Replacement of damaged parts in the comments and never had a problem. Actually for the wheels and tyres I reckon I just lodged the invoice as maintenance and wasn't a problem.

 

[Candleflame]

Australia needs to remove the luxury car tax now. It was introduced to protect car manufacturing in Australia, and with the last of those closing 5 years ago, there's no industry left to protect.

in germany we still pay champaign tax to finance our empires warfleet for the naval arms race prior to the first world war.. once a tax is there the state wont get rid of it.

 

[EbenHero]

Does anyone with a good working knowledge of the Australian parliament know how likely this is to pass later this month? Does the Senate usually pass legislation like this when it is returning for budget week?

 

[hyperdallas]

Does anyone with a good working knowledge of the Australian parliament know how likely this is to pass later this month? Does the Senate usually pass legislation like this when it is returning for budget week?

Senate doesn’t sit for another 2 or so weeks and if budget week, might not even get a look in.

 

[EbenHero]

Senate doesn’t sit for another 2 or so weeks and if budget week, might not even get a look in.

So not wise to get our hopes up …