2 year cheap EV lease now, upgrade later?
Trying to decide on the best EV novated lease strategy given my situation. On circa $130k salary and required to use SG Fleet. Currently driving an Aurion with roughly $6k - $6.5k annual running costs not counting depreciation.
Current plan is to get a J5 EV on a 2 year lease as it gives me options before the 2029 deadline to re-lease, sell, keep as second car etc. (and also keep options open for an investment property).
If I’m honest, I’d probably be happy with the J5 EV long term anyway (would love an app but not worth paying $7k+ for), but I’d still love to own a “nice” car at some point, especially since the FBT exemption probably makes that far more achievable than it otherwise would be.
What are the pitfalls I might be missing in doing this?
I’d be limiting myself to something <$75k, but realistically I don’t think I’d ever want to spend more than that on a car anyway.
Also not completely sold on the current higher-end EV options yet apart from maybe the Zeekr 7X or IM6. Feels like there’ll be a lot more compelling choices by 2029 as well.