Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register

Tesla Model 3 in Australia

This site may earn commission on affiliate links.
Sounds like you need better accountants.

Ahah.

Of course you can declare whatever you wish as a tax exercise. Doesn't mean it's legitimate and would held under close scrutiny by the ATO.

Like if you declare a fee as a business expense, then so should the reward as you get monetary benefit. And then of course, FBT is applicable. There's no free lunch with the ATO.

On my Amex platinum, the 5X reward is for trips booked via amex, and for other expenses, if it's the same promotion I received, it is capped. I seriously doubt you'd get that many points.

Anyhow, good for you.
 
That's an expensive exercise to just give you an extra 30 days to pay (and you'll still have to pay in full). You're going to pay $1425 to get around $700 worth of points (and that's only if you're willing to buy at David Jones, other merchant point store is utter crap)

I've never understood people so keen to pay with their amex for the sake of earning points. Friend of mine paid $120k with their amex for a pull. "I get so many points that way!!"

In my situation, I received more than the annual fee I paid every year. There are $450 + $400 travel credits, good insurance coverage, lounge access, etc.

Something that not suitable for you doesn't mean it doesn't make sense for others. It is just not for you.
 
Like if you declare a fee as a business expense, then so should the reward as you get monetary benefit. And then of course, FBT is applicable. There's no free lunch with the ATO.

The amount is capped anyways due to thresholds so the extra fee isn't particularly significant as any car valued over 57k (ish) has to be depreciated in a particular manner. There are lots of position papers about incidental use of credit cards and the ATO has different criteria for earning points / reward schemes. The FBT can be mitigated by various strategies. Family trusts are useful vehicles. Family employees etc. All totally above board if manoeuvred correctly.

Of course everyone should consult their tax professional and do what is best for them. We use one of the big 4, and I promise you they aren't cooking the books.
 
In my situation, I received more than the annual fee I paid every year. There are $450 + $400 travel credits, good insurance coverage, lounge access, etc.

Something that not suitable for you doesn't mean it doesn't make sense for others. It is just not for you.

I wasn't questioning the value of using an amex or their yearly fee. What I question is people paying more than they have to for the sake of earning points.

Last year I used 690,000 amex points to pay a single-way airfare from Paris to Melbourne for 5 people in economy class. I could have paid for those tickets for less than $5k. I got the airline points during a promotion period where it was 1:1 between virgin points and amex points. So effective value of the point is 0.7c per point. So paying 1.5c for those makes little sense.

So using the points when you have them sure. Paying extra for the sake of earning points: no.

I do like the perks of the Amex platinum, the insurance online is worth it IMHO (for lounge, I have lounge access being a platinum FF anyway)
 
I wasn't questioning the value of using an amex or their yearly fee. What I question is people paying more than they have to for the sake of earning points.

Last year I used 690,000 amex points to pay a single-way airfare from Paris to Melbourne for 5 people in economy class. I could have paid for those tickets for less than $5k. I got the airline points during a promotion period where it was 1:1 between virgin points and amex points. So effective value of the point is 0.7c per point. So paying 1.5c for those makes little sense.

So using the points when you have them sure. Paying extra for the sake of earning points: no.

I do like the perks of the Amex platinum, the insurance online is worth it IMHO (for lounge, I have lounge access being a platinum FF anyway)

Your Amex platinum card is not the same as mine. My card do not earn David Jones points. My card also does not have a cap in earning.

I also won't pay $1425 on fees. In the way I use my points, the point worths much more than 0.7 cents. I will earn points of value 1.5 x of the surcharge.

I also don't have to increase my bank transfer daily limit and contact Tesla to confirm if they have received my payment.

I believe everyone in here are smart enough to do their own homework and make good decisions.

I don't judge others and I don't like being judged.

I come here to talk about my Model 3 order not about the credit card fee and how to use it wisely.

I just tell everyone what I know about paying the final payment with credit card and didn't suggest anyone to do so.

Can we focus on the Tesla that we have been waiting for years?
 
Last edited:
#Brisbane and Gold Coast#

Hey all,

Hopefully for your sake you won't need me, but if anyone needs documents certified or witnessed to get your Tesla's (or for any other services I can offer as a JP, not necessarily just to get your Tesla's), I am a qualified Justice of the Peace and am more than happy to assist.

Just send me a DM or email me at [email protected] and I'll arrange a time and place to meet up to help out.
 
Thank you Professor of the Bleeding Obvious. BTW. Logic is not subjective. It is either logical or not. The question is motivation and intent.
Insurance companies use actuaries to calculate the risk profiles of various cohorts. It doesn’t matter whether you think your individual risk profile is higher or lower than that of the cohort you are assigned to - your premium will be based on what the actuaries conclude.

If you think the actuaries have got it wrong, and you think your risk profile is lower than what any public insurer thinks, then you can self-insure. So, how confident are you that is the case?
 
Last edited:
Got the call today and just got an invoice.

Adelaide - 19th sept delivery date
Same vin as hidden 4434 - 9/07/19 build date.
Reservation April 2019
Order 31/05/19 - 5 mins after books opened- no changes of car since then.

Performance +, red paint and FSD
My invoice was $63 less than when original ordered. Dinners on Tesla tonight, cheers Elon

I also got the call today, in Adelaide, and invoice too. Also 19 September delivery, with most recent VIN 4433XX. Existing Owner, which was Wife's immediate and expected response (ie, hope you sell your P85D soon). Anyway, have confirmed no discount for Pearl White paint on P3- as I was also expecting.

It's good to have a date. I've moved my day around, so hope everything stays put and surely they'll have those batteries fixed by then.
 
  • Like
Reactions: technerdx6000
Medical physicians train for far longer as a whole than a boffin with a PhD, many also have PhDs
And many don’t. “Doctor” for medical professionals is an honorary title only. “Doctor” for vets and dentists is stretching it, IMHO, but they seem to get away with it. “Doctor” for those with honorary doctorates is an absolute travesty. No-one with an honorary doctorate has any right to call themselves “Doctor” but some try it on, aided and abetted by an ignorant media.

Only male surgeons call themselves “Mister” to distinguish themselves from non-specialists and specialists in other fields. I don’t know what female surgeons call themselves other than “Doctor”.

Medical practitioners with PhDs usually style themselves as “Dr. Smith, PhD”.

Hereby endeth the lesson.

Now to keep on-topic, Model 3!
 
  • Like
Reactions: stedes
I am a little surprised Tesla uses 12v Lead based battery for this that they purchase. Tesla is really good at battery tech, so it would be easy for Tesla to make their own 12v Lithium based battery for this by just using 3x serial - 10x parallel small pack consisting of 30x 2170 cells that would give them 12v 48A pack for this and would last for the life of the car and be lighter than Lead based option and way more reliable and better with deep cycling also.

For frequent discharges and heavy cycling a gel lead acid battery is ideal.
 
  • Disagree
  • Informative
Reactions: freshmax and qiSun
And many don’t. “Doctor” for medical professionals is an honorary title only. “Doctor” for vets and dentists is stretching it, IMHO, but they seem to get away with it. “Doctor” for those with honorary doctorates is an absolute travesty. No-one with an honorary doctorate has any right to call themselves “Doctor” but some try it on, aided and abetted by an ignorant media.

Only male surgeons call themselves “Mister” to distinguish themselves from non-specialists and specialists in other fields. I don’t know what female surgeons call themselves other than “Doctor”.

Medical practitioners with PhDs usually style themselves as “Dr. Smith, PhD”.

Hereby endeth the lesson.

Now to keep on-topic, Model 3!

surgeons only call themselves Mr/Mrs in the UK. In Australia they are a doctor...