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  1. DaveM

    When can I justify buying a nice car?

    Run the car through an operating lease/chattel mortgage in the business. Push as much non deducible debt into the business as you can. Fuel, servicing, rego, insurance, loan interest, all as business deductions. More preferable than spending tax paid dollars on a car and you preserve your...
  2. DaveM

    When can I justify buying a nice car?

    With a net income of 200k and $2m in equity, you can buy whatever you want with reason. Only you can decide what level you are comfortable with. Not sure what the point of this thread is then, apart from a loosely veiled income/asset humblebrag?
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