All Topics / Finance / Will this affect my chances of an IP loan.

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  • Profile photo of lifeXlifeX
    Member
    @lifex
    Join Date: 2004
    Post Count: 651
    May 19, 2004 - 9:39 am

    Hi all,
    I have an old 1960’s Holden sedan that costs a lot to run, but i bought outright (2 months ago).
    I am considering a newer lease/buy hire car (probably ute as i am moving a lot of furnishings), maybe in name of my company.

    Question 1: Anyone have any advice on which way to go? tax implications?

    Question 2: Would a lease car affect my servicability for property loans in the banks eyes? …..is there any way around this.

    [2way][2way]

    lifexperience

    Profile photo of lifeXlifeX
    Member
    @lifex
    Join Date: 2004
    Post Count: 651
    May 19, 2004 - 2:46 pm

    Thanks Rob…again[thumbsup2]

    lifexperience

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