小推一下novated lease---楼主回家哭去了，此帖正式成为血泪经验帖---楼主又笑了，30.11.12 整理帖子

yanzi

simonwang

frankielynna 发表于 2012-11-27 14:37
ls的怎么感觉做这个生意的,每个都要回复的.
没钱买车,你怎么不提最近那么多的接近0利率0首付的,是不是比那 ...

I am not a car dealer or banker. Novated lease is small part of my research area.

I am not saying novated lease is always better, obviously lots of factors to consider. i just believe you guys shouldn't reply to LZ in such way and based on own incorrect understanding.

And I reply to you about zero interest rate offer.

And I only replied to those incorrect replies. Have a look of LZ changing the name of this post. That's why I replied.

rogerze5046

学习了……

simonwang

kane321 发表于 2012-11-27 14:40
俺们吊丝啊，那点税率真的省的不多啊

Will you think 5% salary increase is nice, or don't care at all?

kane321

simonwang 发表于 2012-11-27 14:55
Will you think 5% salary increase is nice, or don't care at all?

那麻烦给个例子吧，平均工资$65000,多少的利率？买大概多少钱的车？怎样的用法？是合理的

lz明显不知道2年后还要付一笔钱才算是拥有这辆车，所以后面才有那么多的回复，既然你做过研究，就好人做到底吧，让更多人获益

simonwang

PACIFIC 发表于 2012-11-27 14:48
利息呢

The basic comparison is how much you would have to pay, including income tax, towards car purchase and running cost, against all these without income tax but with certain amount of interest plus residual value (need to covert as future value).

You also take into account of GST refund, post tax contribution as part of salary deduction, the interest rate for novation and the interest if you source the car without novation.

Novation is also lot better for some families with government payments.

PACIFIC

其实那个NOVATED LEASE名字就说明了，不过是租赁

我们公司有这个，当时还有一个小讲座我去了，一听有RESIDUAL VALUE我就知道，这个车不是你的

sunyu321

我自己的例子，MY12 Corolla Auto, Capital Cost: $20706.04(不算GST), Residual Value  $13589.37, 我一年后一定会付这个钱买下来的啊：）

悟空空

simonwang 发表于 2012-11-27 15:01
The basic comparison is how much you would have to pay, including income tax, towards car purchase ...

Simon回答的真的很仔细！让我的心情也平复了不少。
我也细细的算了一遍，而且也读了他以前的帖子。明天让老公给lease那个公司打电话，问一下利率，再仔细算一下post tax contribution 是怎么work的。
今天信息量真的好大！感谢各位同学的回复和建议~~以后办事真的不能这么轻率了。人哪~就是这么一步一趔趄的成长起来滴~~~~~

simonwang

kane321 发表于 2012-11-27 15:00
那麻烦给个例子吧，平均工资$65000,多少的利率？买大概多少钱的车？怎样的用法？是合理的

lz明显不知道2 ...

If salary $65K (net income $51,353), the car is $13200, average mileage 15,000. Fuel Combined (l/100km) 7.5, fuel price $1.45.

Compare LZ get a 0% interest from the deal, against novated lease @ 9%.

Term              Net Saving per year (post tax income)   
12 months      $2.353                                            
24 months      $1,643
36 months      $1,413
48 months      $1,302
60 months      $1,238

The saving does not take into account the extra government payment LZ might receive, but already calculate the saving you need to put aside for the residual value, 4% interest rate is used for this purpose.

gohome

LZ你还要注意一点，看公司有没有在你老公的税后工资里把FBT扣掉了。我们公司就是这样，公司关于这一快的fbt是exemption的。因为FBT摊到每一个月，从员工的税后工资里口掉了。公司就不承担额外的cost

simonwang

悟空空 发表于 2012-11-27 15:20
Simon回答的真的很仔细！让我的心情也平复了不少。
我也细细的算了一遍，而且也读了他以前的帖子。明天让 ...

Can you have look of the quote, is there any figure called post tax contribution, or employee contribution or recipient contribution. Should be around $220 per month or $101.54 per fortnight.

patrickzhu

墙贴留名

悟空空

simonwang 发表于 2012-11-27 15:30
Can you have look of the quote, is there any figure called post tax contribution, or employee cont ...

没有的，FBT METHOD: PRE TAX ONLY.这个可不可以改呢？
我另外也发现一件很奇怪的事情，就是这个quote上写的fortnightly net cost是 $270.85. 为什么反映到我老公工资单上就变成了$391呢？

wwwjs

学习了

hyue68

悟空空 发表于 2012-11-27 15:20
Simon回答的真的很仔细！让我的心情也平复了不少。
我也细细的算了一遍，而且也读了他以前的帖子。明天让 ...

这就是成长，吃一堑长一智。

买豪华车，如果你没钱，他们就劝说你签这样的LEASE

zl5431

强贴留名

hyue68

这帖太好，太好。
贷款，每个人又每个人的实际情况，所以才有各式各样的CONTRACT存在。

lostme

以前有公司来开讲座，搞不懂，问了也不明白，过了三年还是不懂这个package，还是自己付钱开走省事

lingyang

simonwang 发表于 2012-11-27 13:27
1. No, roughly only $220 from post tax, and rest $600 should be from pre tax. Not 50/50% as you sa ...

能不能最后省一点真的是case by case， 刚开始算算的时候都是省的：-）

关于每个月的repayment是不是差不多50%，我贴个我的repayment， 不晓得你的200/600的比例是怎么算出来的

simonwang

$270.85 is the net amount after income tax saving for $391. It is kind of misleading but NLC and other companies care only to sell more cars so only show you the better picture.

It is shown as ECM(employee contribution method). So your husband can expect $253.47 as pre tax deduction, where he has the tax saving, and $97.72 as post tax deduction, where the FBT taxable value will be reduced to zero REGARDLESS the mileage travelled eventually.

Then he will have $253.47+$97.72 = $351.19 in his account to cover all sorts of running cost.

Some tips, if you still can change (should be able to):

1. Use own insurance, their one might be too expensive. You still can pay via pre tax dollars for own insurance;

2. Don't use their fuel card, as no more discount voucher and credit card points;

3. Review fuel cost, you can reduce the budget if too much.

4. Cancel carbonreverse, that is a donation, no point unless you want to.

simonwang

lingyang 发表于 2012-11-27 16:15
能不能最后省一点真的是case by case， 刚开始算算的时候都是省的：-）

关于每个月的repayment是不是差 ...

His car has a value of $13200 ($13250 indeed). The FBT taxable value = $13200*20%=$2640. That's how much to contribution from post tax to ensure no FBT tax. Then spread over 12 months. $2640/12 = $220.

Your car would be almost double the value, or more value with more mileage.

So it is not alway half/half for pre and post tax deduction.

simonwang

lingyang 发表于 2012-11-27 16:15
能不能最后省一点真的是case by case， 刚开始算算的时候都是省的：-）

关于每个月的repayment是不是差 ...

the lease reference number in your file looks familiar..........

lingyang

simonwang 发表于 2012-11-27 15:32
the lease reference number in your file looks familiar..........

哈哈， 惨了被人肉了

simonwang

The leasing industry always try to show people more saving than the real case. What they compare is you lease the car anyway with the same interest. In real world, you can get lower interest.

Remember they are sales expert not tax expert. Again I'm not saying novated lease is always better for you. Happy to run some calculation if any one needs.

lingyang

simonwang 发表于 2012-11-27 15:16
$270.85 is the net amount after income tax saving for $391. It is kind of misleading but NLC and oth ...

就是就是， 我除了基本的repayment，和去不了的一些cost，其他的都砍了：-）

paoer_bai

我现在理解了题目的意思

feeling9

搞不懂这些东西所以永远都是cash买车的飘过。。。

羽人

悟空空 发表于 2012-11-27 13:51
哭我是不是不应该上来发帖给自己添堵阿。。。。娘啊，我们当时签合同的时候，木有人说过 residual v ...

别被误导，特别是你楼上那个。
novated lease 不等于lease，完全两码事
车是100%归你的

ruanhui2k

Hi Simon,请帮我做一个计算好吗？

车价18K，外加之前的车的3000欠款  一共贷款21K，

36个月还款，每个月523刀，每年2W公里的Allowrance, 3年后把车还回去

请问这是什么东西？