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Thanks All I really do appreciate all the great feedback and I think Terry nailed it in his reply that there really are too many variables to give a definitive answer. The one thing that does concern me though with buying outright is opportunity cost. I hear you loud and clear Terry about...

Knew I was missing something important. I believe my current novated lease has a balloon payment of 40% so perhaps the calculator would use that as a figure.

I just used the Selectus calculator on a $35,000 4WD doing 15,000kms per year and it said the weekly lease cost would be $236! That sounds ridiculous high compared to if I purchased the vehicle outright! My current interest rate is 4.58% so that is $30 a week if sitting in my offset. then...

A lot of the times my packaging company also include a $500-$1000 Coles Voucher to sweeten the deal. Do you think this is just a gimmick and they would include this in their leased figure amount? To be honest, I am none the wiser even with all these great replies. I do get the feeling buying...

Thanks Paul and Peter Peter - Yeah I know about the affect on killing serviceability. It would be good if lenders could adjust for this though. In my current situation this is not an issue as stated I only have one property and earn a good income so could easily service my next development...

Hi All, I know this is a property forum but given I spend so much time on here I thought I would ask some of the finance gurus. In October my novated lease through my PAYG employment expires and I am unsure whether or not to do it again. To be honest I am unsure of the benefits I even received...