u/Dishlemon

Will be getting a car for the first time via novated lease, have decided on Model 3 but unsure on which variant and lease term (following ATO's announcement on FBT changes).

Initial plan was to get the base RWD on 3 years to sell at the end of the term, but with a 3 year term ending before the April 2029 cutover I would be losing out on the benefits. (Edit: I meant once the 3 years is over, I wouldn't be able to then resign a new lease to extend to 5 years or lease a new car with the benefits).

So instead I want to do 5 years to really benefit while its possible, but I'm stuck between getting the LR or the performance, having tested the perf it's what I really want, but hard to justify the extra $20k especially with the expected depreciation at the end of the 5 years.

All other discussions I could find regarding if the perf is worth it, are from the US where it's only a ~$9k difference.

More $$$ on insurance and tyres are also holding me back.

Just looking for more thoughts especially after the FBT exemption changes.

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u/Dishlemon — 17 days ago