blak_b4 wrote:

Over here we have enough style that the newer libertys don't impress us all that much..

Yep, there's that community forum feel again.

:blink:

The price you've quoted sounds fairly reasonable.

A friend got a MY07 GT Spec B - same options mentioned above, but with the full paint protection and from what I remember, total figure was just above the $60k mark, so your price sounds decent.

Your leasing option will make quite a difference though! - ie, number of years of the lease and size of balloon payment (if any).

Sorry in relation to D_Liberty's original question.

I paid close to that without the sat nav, but that ensured me into one of the first ones on the road.

If you got fleet pricing you're looking around a 4-6K saving.

Phil.

MY07GT wrote:

Definately right Jonno.

Payments are dependant on amount borrowed, residual, term and rate.

Depends on the loan structure (financial lease/novated lease/fully maintained operating lease) it really differs on requirements for proving business usage.

If there are anymore questions let me know. Happy to help as i do it for a living.

Phil.

MY07GT wrote:

Sorry in relation to D_Liberty's original question.

I paid close to that without the sat nav, but that ensured me into one of the first ones on the road.

If you got fleet pricing you're looking around a 4-6K saving.

Phil.

ok....so novated lease (which includes the running cost etc done pre-tax) 4yr term so operating costs over the life of that term has been factored into the amount I pay back to the leasing company.... it is estimated with FBT to be about 2400 and about 2k for the repayment per month.....with the final residual should i keep the car to be 16500....

but the estimated travel per year is 25000 so at the end of the 4 yrs i'd have clocked 100k!!!!!! so resale value is absolutely crap....if that was my choice.... I'm expecting to keep the car...so mileage after the lease should slow down and eventually even itself out....

also the amount being calculated is pre gst.....but the residual is inc. gst....but in order to get it below the luxury car tax which was company requirement... they discounted and hence the inc gst price plus onroad etc was just below the threshold.....

so....the reason why i asked the question in the first place was to see if i could've squeezed a little more out of the discounting.... (always wanting cheaper heheheh)

Personally I think the Gen IV Liberties are as close to a European luxury car Japan has gotten since the glory days of Lexus in the late eighties. Great looking car.

I had the same car priced a few K north of your price, though I am on the left coast (read: expensive).

Above all, enjoy your time with the car, and look forward to hearing what you do with her.

Cheers,
Nik

i agree with you kevlar GT the costs seem exorbitant but it is better than spending your after tax dollars doing the same thing....

I actually did not see a financial advisor so you're one up from me ..... what advice can you give the rest of us that would benefit.... as I would be interested :nyam:

My 10/07 2.5i Manual Liberty Sedan with Sat Nav on road $35,000. Looked at leasing through work but decided to buy it outright and Salary package fuel, rego, tyres, services and Insurance at the end of the day I own it and can do what I like without being tied down to a lease.

i didn't know you could only packege fuel, rego, insurance, maintenance.. don't you have to package the whole deal? ie the car, rego, insurance etc... Not just part of it???

I'd be very interested in packaging only my maintenance, fuel etc... which organisations does your salary packaging??

honkas wrote:

i didn't know you could only packege fuel, rego, insurance, maintenance.. don't you have to package the whole deal? ie the car, rego, insurance etc... Not just part of it???

I'd be very interested in packaging only my maintenance, fuel etc... which organisations does your salary packaging??

I went through RemServ http://www.remserv.com.au/

coyote;110679 wrote:

I bought an MY08 Liberty in Sep last year and paid about the same dollars. Mine was a wagon, with paint protection, mats, etc .. but I don't care for sat nav. Hence I reckon your dollars are okay.

MY08Liberty, your employer must have PBI status. Otherwise the packaged items you mention would be subject to FBT.

not trying to bring up a new thread....what's PBI status?

D_Liberty;130561 wrote:

not trying to bring up a new thread....what's PBI status?

It applies to people who work in public care, or charity organisations.  The actual name for PBI is "Public                 Benevolent Institutions"  What that all means I don't really know!

My wife works at the local public hospital, where they have PBI status, so our mortgage is technically paid out of her pre-tax salary - but in reality we still pay it after tax, but the amount of tax you pay is less.

Basically as far as we're concerned, it's referred to as salary packaging - the payroll people work out the best ratio of $$ to minimise the tax that employees in PBI's pay.  There's also some form of kickback to the hospital that reduces their taxes too (GST credits or something I think it is).

Dtrally - Thats prices for a wagon so your about on the money unless your work is part of their fleet customers.

Novated leasing is good for some. But I personally would never take this option due to my circumstances. Points to consider:
- Must have a residual value (Large end of term payment)
- Amount of Kms driven per year (must meet this or penalised)
- Must be committed to the employer for the term of the lease or the lease agreement can be changed and costing you after tax if your new employer does not support a novated lease option
- You are essentially paying for all the running cost (FBT just pre taxed)
- You dont technically own the car until you fulfilled final residual payment (no depreciation claims)
- No modifications allowed to your vehicle (usually)
- Depending on how close you are to the below tax bracket, it may not drop you into the lower tax bracket to allow you to claim on that bracket.
- The most important one that no one considers, because you are paying pre-tax dollars, you get paid you superannuation after your car payment is taken out.

Hope this helps. Once again this is not meant to be negative, but ensure before you take out any sort of credit, you do your homework. A fully maintained lease may work for some due to monthly payment and budgeting.

Phil.