LDV Parramatta EOFY Sale

LDV Parramatta 2023 EOFY Sale has Started!!

Here is the incredible End of the Financial Year (EOFY) offer from LDV Parramatta! We are overjoyed to present a fantastic chance for customers in Sydney, Australia, to save a tonne of money on their upcoming vehicle purchase. 

For a limited time, select LDV vehicles are eligible for fuel cards worth $1500 or up to $2000 in auto upgrades. Act now to maximise your savings with LDV Parramatta, as this incredible offer will only be available briefly.

This 2023 EOFY Sale from LDV Parramatta is sure to make you happy! With this deal, you can not only save big bucks but also write-off your taxes instantly.

Instant Asset Write-Off offer including auto upgrades worth up to $2000 for LDV T60 Max and fuel card worth $1500 for D90 SUV, V80 van, and G10 van.

To comfort our EOFY offers, LDV Parramatta will be offering:

• On-site Trade Trade-In Vehicle Valuation
• Finance Packages Suitable To Your Needs
• Easy Vehicle Evaluation and Trade-In
• Up to $150,000 Instant Asset Write Off Scheme To Minimise Your Liability

 

Hurry! Limited stock availability.

We cordially invite you to stop by our LDV dealership and take advantage of our top-notch customer care. Our committed and helpful sales team will be happy to help you find the ideal LDV vehicle that meets your unique needs and budget, whether you prefer to stop by in person or submit an enquiry form.

Since this fantastic offer is only available until June 30, we strongly advise you to take advantage of it. So act quickly and seize the chance to save money when you buy your next car.

Q: Who can benefit from this EOFY sale?

A: This EOFY deal is excellent for individuals, business owners/employees and contractors.

Q: What is the instant asset write-off?

A: The instant asset write-off is a tax incentive that allows small businesses to deduct the full cost of certain business assets instead of depreciating them over time.

Q: What businesses are eligible for the instant asset write-off?
A: To be eligible for the instant asset write-off, you need to be carrying on a business with a turnover of under $50 million. And the assets must cost less than the instant asset write-off threshold and should be purchased and used in the year that the write-off is claimed.

Q: Are cars eligible for the instant asset write-off?
A: Yes, provided that that car is used for a business purpose, it would be eligible for the instant asset write-off.

Q: How much can I deduct under the instant asset write-off?
A: To be eligible for the instant asset write-off, assets can cost up to $150,000.00 which was extended by the ATO.

Q: Is the threshold GST inclusive or exclusive?
A: This will depend on whether or not you are registered for GST.

Q: If you are not registered for GST, the threshold is inclusive of GST.
A: If you are registered for GST, the threshold is exclusive of GST. That means that for a car that has a sale price of $31,900 (cost of $29,000 plus GST of $2,900) it would qualify for the write-off if the purchaser is registered for GST but would not qualify for the write-off if the purchaser is not registered for GST.

Q: Can I claim the full GST credits if I also claim the instant asset write-off?
A: Yes. If you are registered for GST, you can still claim the full GST credits even if you claim the instant asset write-off.

Q: How do discounts impact the eligibility for the instant asset write-off?
A: The relevant cost is the amount that you have paid. Therefore, if you have paid under $30,000 because of a discount, the car should be eligible for the instant asset write-off.

Q: What if I buy multiple cars?
A: Each car is a separate asset so provided that each car is under the $30,000 threshold, each car should be eligible for the deduction.

Q: Am I eligible for the instant asset write-off, I am an employee that uses my car entirely for work?
A: No. Only businesses are eligible for the instant asset write-off. You are not entitled to the write-off if you are an employee even if the vehicle is only used for work purposes.

Click here to ask us any of your queries related to EOFY sale

Also, click here for our sister dealership in Croydon Sydney, LDV Five Dock.

Don't miss out. Exclusive to LDV Parramatta,  *Ends June 30, 2023.

Disclaimer – The above comments are general in nature. All customers should seek independent tax advice to confirm their eligibility for the instant asset write-off.