Page 1 of 1
Novated Lease
Posted: Wed Oct 08, 2008 3:12 pm
by topao
Does anyone know if your able to take out a Novated Lease on a Jap Car??
Posted: Wed Oct 08, 2008 5:13 pm
by dstocks
Well, I have a novated lease on the Mitsubishi Challenger we have. Does that Count
Posted: Wed Oct 08, 2008 5:24 pm
by nicholas
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.
Posted: Wed Oct 08, 2008 7:43 pm
by topao
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
Posted: Wed Oct 08, 2008 9:02 pm
by rock_it
There will be a restriction on age also....
Posted: Thu Oct 09, 2008 7:26 am
by dstocks
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.