I'm going to put this to my accountant today, but you lot are mostly a clever bunch. I need to buy a car at short notice (I had borrowed/agreed to look after one for 2 years and have to give it up 18 months early). Considerations: High income (>300kpa), high tax but limited cash Car required to travel between different work sites I have access to finance at about 5.5% I can set up novated lease (Ive done this before, convenient yes, cheap - dunno) Looking to spend ALAP (as little as possible) but needs to be family friendly/safe - I don't care for new/used. (If I could get in to a luxury car cheap I would, but am yet to find a way - I drive an 11 year old Barina, and we have only the other borrowed car). Use the cash? Accept 5.5% with a tax deductible component given work travel? Lease? Novated lease? Too complicated for me.