Novated Lease

topao · Post by **topao** » Wed Oct 08, 2008 3:12 pm

Does anyone know if your able to take out a Novated Lease on a Jap Car??

Post by **dstocks** » Wed Oct 08, 2008 5:13 pm

Well, I have a novated lease on the Mitsubishi Challenger we have. Does that Count

nicholas · Post by **nicholas** » Wed Oct 08, 2008 5:24 pm

Import, you mean?

Not sure, but it's highly likely there is a list of approved cars, or that there is a clause prohibiting grey imports.

topao · Post by **topao** » Wed Oct 08, 2008 7:43 pm

Dwayne how many cars do you actually own?

dstocks wrote:Well, I have a novated lease on the Mitsubishi Challenger we have. Does that Count

Import, you mean?

nicholas wrote: Not sure, but it's highly likely there is a list of approved cars, or that there is a clause prohibiting grey imports.

Yeah Imports, i know with normal loans you cant, except with a personal loan but Novated is a lot different

rock_it · Post by **rock_it** » Wed Oct 08, 2008 9:02 pm

There will be a restriction on age also....

Post by **dstocks** » Thu Oct 09, 2008 7:26 am

Mines not an import, so doesnt count. I did look into this a few years ago though. Dont think it matters what you have as long as its over a certain value. I think it was around 20K at the time. They cant screw you over as easy if its below that.