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Any accountants out there? Any accountants out there?
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Old 12-07-2004, 02:02 PM
Tenrocca's Avatar
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Join Date: Nov 2004
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Cobra Make, Engine: Classic Revival #3199. 366ci L76, T56 6 speed, Blue circle custom paint, Australias most original cobra 2009-2010
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Default Any accountants out there?
I currently lease a vehicle through work. Is it possible to build a cobra, and then buy it off yourself and have your work pay the lease payments?

Our set up at work is we have a set vehicle allowance, all lease payments, insurance, fuel etc are payed out of that allowance and at the end of the fbt year I recieve any difference back. When I buy a car, the lease company finances the cost of the vehicle less 10% gst. Could I concievably sell myself a vehicle for a lot more then it cost to build, and actually make a profit by buying it off myself? (Does any of this make sence - just something I drempt up over my "just right" this morning)....
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