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| The Pub For General Automotive Related Talk |
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16-07-2013, 09:00 PM
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FF.Com.Au Hardcore
Join Date: Nov 2009
Posts: 3,876
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Also I don't think taxpayer gets much bang for their buck. The lease companies make a killing jacking up interest rates on these leases (some are over 12%) they charge admin fees, setup fees. application fees, account fees, income insurances, big commissions . They get kickbacks from the car makers and fuel companies etc and they don't really pass on their vehicle buying power.
In the end, for the amount of taxpayer support the leasee isn't getting that good of a deal especially compared to someone who visits their local credit union and just gets a 7% rate car loan which costs the taxpayer nothing. |
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Re: Changes to FBT rules
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