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      02-06-2013, 09:37 AM   #1
bimmer-A
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BMW finance

Hi everyone,

have options for my upcoming delivery regarding the purchase itself - cash, lease, BMW full circle...

I'm looking at maximising possible business deductions so leasing makes sense.

Anyone purchased already with this sort of thing in mind already?

Opinions on BMW full circle?

Opinions on other BMW finance products?

Thanks!!
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      02-06-2013, 03:12 PM   #2
David328M-Sport
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You got it!
Speak to your accountant as different requirements and business setups require different approaches. However, leasing has always been the standard for maximising tax deductibility in years past. Might be different now, with gov't incentives etc.
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      02-06-2013, 05:46 PM   #3
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Like David said best for accountant to work out the leasing benefits in terms of $'s , the finanace guy at the dealer would happily work out for you the full circle difference in $ value vs a normal loan. For me it leasing was nvr my prefered option.

I remember the finance guy mentioning that full circle value is based on private sale.. so have a think to see if u might fork out more at the end of the program.



Quote:
Originally Posted by bimmer-A View Post
Hi everyone,

have options for my upcoming delivery regarding the purchase itself - cash, lease, BMW full circle...

I'm looking at maximising possible business deductions so leasing makes sense.

Anyone purchased already with this sort of thing in mind already?

Opinions on BMW full circle?

Opinions on other BMW finance products?

Thanks!!
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      02-06-2013, 06:43 PM   #4
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Talk to your accountant. Similar situation on my current car, and leasing worked best due to lots of business usage. But it could be different for you.

I'm at 85%. 3 days a week in the Newcastle office I manage, 2 days in a Gosford office, plus regular trips to Canberra, Orange, Tamworth, Sydney, Port Mac etc so nearly every km I do is for work purposes.
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      02-07-2013, 12:43 AM   #5
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I'm on the central coast also Id. What color is your F30? Seen a few around now, most with non xenon headlights.
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      02-07-2013, 12:53 AM   #6
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Originally Posted by Drk280 View Post
I'm on the central coast also Id. What color is your F30? Seen a few around now, most with non xenon headlights.
I'm busy pricing up options. Currently have a rising blue VW Golf R, which is usually dirty
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      02-07-2013, 01:06 AM   #7
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Originally Posted by Drk280 View Post
I'm on the central coast also Id. What color is your F30? Seen a few around now, most with non xenon headlights.
I saw a 320i in Melbourne last week (or was it 320d?) that was metallic grey with M Sport and as I drove past I looked back and saw non-xenon headlights. I was like "are you f%&$ing kidding me"? The halogen DRL is just horrible, even worse than the A4 non-xenon DRL which is saying something.

Who spends 6k on M Sport and then go cheap on headlights?
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      02-07-2013, 01:22 AM   #8
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Originally Posted by jctg View Post
The halogen DRL is just horrible
They have been compared to tears welling up. Actually, they are tears welling up.

There was a thread on the main forum early on asking if the standard F30's front was deliberately made a little ugly. ABSOLUTELY YES!!!

Glad I waited 7 months for the M-Sport and Bi-Xenons are a must. Shame about the halogen fog lights colour temp mismatch though.
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      02-07-2013, 01:26 AM   #9
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Quote:
Originally Posted by David328M-Sport View Post
They have been compared to tears welling up. Actually, they are tears welling up.

There was a thread on the main forum early on asking if the standard F30's front was deliberately made a little ugly. ABSOLUTELY YES!!!

Glad I waited 7 months for the M-Sport and Bi-Xenons are a must. Shame about the halogen fog lights colour temp mismatch though.
I get really annoyed when I see my car at night.

The DRLs in the bumper do not match the headlights
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      02-07-2013, 01:39 AM   #10
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Quote:
Originally Posted by David328M-Sport View Post
They have been compared to tears welling up. Actually, they are tears welling up.
LOL!

Quote:
There was a thread on the main forum early on asking if the standard F30's front was deliberately made a little ugly. ABSOLUTELY YES!!!

Glad I waited 7 months for the M-Sport and Bi-Xenons are a must. Shame about the halogen fog lights colour temp mismatch though.
Yeah, but that bothers me less because I hardly use fog lights unless it rains.

Wouldn't mind getting matching light bulbs for the fogs.
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      02-07-2013, 02:37 AM   #11
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I just don't get why people have the issue with the fog lights, they're that colour for a reason and shouldn't be on in normal driving conditions.
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      02-07-2013, 03:36 AM   #12
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I can't even remember when's the last time i ever used fog lights
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      02-07-2013, 03:41 AM   #13
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Quote:
Originally Posted by J1n View Post
I can't even remember when's the last time i ever used fog lights
Mine was when I was driving through fog.
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      02-07-2013, 06:02 AM   #14
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Quote:
Originally Posted by Dabaitu View Post
I just don't get why people have the issue with the fog lights, they're that colour for a reason and shouldn't be on in normal driving conditions.
Actually, fog lights have been white or a fog cutting, glare reducing yellow colour, not so much halogen.

Yes, you are correct, they shouldn't be on during normal driving/weather conditions, are illegal to have on in Victoria except during hazardous & foggy conditions and can result in a fine and loss of demerit points when used incorrectly.

Nonetheless, lots of people have them on at night during clear weather conditions.

I still want mine to match the Bi-Xenons. Might look at changing them over one day. Then again, I might consider many things.
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      02-07-2013, 06:27 AM   #15
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Quote:
Originally Posted by David328M-Sport View Post

Nonetheless, lots of people have them on at night during clear weather conditions.
That's because they're wankers. I put them in the same league as people with poorly adjusted headlight levels and over-bright lamps. They are a backpfeifengesicht.
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      02-07-2013, 06:32 AM   #16
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Quote:
Originally Posted by Id
Talk to your accountant. Similar situation on my current car, and leasing worked best due to lots of business usage. But it could be different for you.

I'm at 85%. 3 days a week in the Newcastle office I manage, 2 days in a Gosford office, plus regular trips to Canberra, Orange, Tamworth, Sydney, Port Mac etc so nearly every km I do is for work purposes.
From my understanding the distance travelled from home to the regular place of work can not be counted in the business use calculations. I guess that would make it impossible to have 100% business use. I also have multiple regular work locations.
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      02-07-2013, 06:54 AM   #17
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im at 92% i think. As my home is my office, i can can claim almost all travel for vehicle.
Many claim 100% travel but apparently that catches the eye of the tax man

I went full circle, as it was $10 more per month then the best rate i could get 6.5%.
I did 4 year 25000km full circle, peace of mind i guess that i can walk at the end with no residual.
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      02-07-2013, 07:14 AM   #18
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So 0 residual after 4 years? End of 4 years having 25,000 kms?

Is your car a weekend vehicle?
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      02-07-2013, 07:14 AM   #19
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Quote:
Originally Posted by Blackfan View Post
From my understanding the distance travelled from home to the regular place of work can not be counted in the business use calculations. I guess that would make it impossible to have 100% business use. I also have multiple regular work locations.
True. I live in Newcastle and I don't claim from home to Newcastle office. But Newcastle to Gosford I do. I always have to go to the office first to get plans...
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      02-07-2013, 07:24 AM   #20
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no sorry didnt make that clear, 4 years with 25000km per year
so 4 years 100000kms

well yes there is a residual but BMW guarantee they pay that at the end, so i dont have to worry about negative equity
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      02-07-2013, 07:26 AM   #21
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Awesome that sounds alright =)
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      02-07-2013, 10:23 AM   #22
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Quote:
Originally Posted by mackie777 View Post
no sorry didnt make that clear, 4 years with 25000km per year
so 4 years 100000kms

well yes there is a residual but BMW guarantee they pay that at the end, so i dont have to worry about negative equity
I was quoted $1250 Full circle 4 yrs 20,000Km/pa residual value 36K

unfortunately I'm only 25% business at this stage (but likely to increase)
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