Things have been a little chaotic in 2020, to say the least, but from chaos might come opportunity. With the car industry hit particularly hard by recent events, and the end of financial year (EOFY) fast approaching, manufacturers have slashed prices on many new vans.
Eligible business owners will also be able to take advantage of the instant asset write-off scheme, meaning that you may be able to claim the depreciation amount of a work-related vehicle.
The Australian government recently updated the scheme as part of its coronavirus economic stimulus measures, increasing the asset limit to $150,000, and extending the offering to any business with an aggregated turnover of less than $500 million.
Simply put, whether you are a tradesman or a small business owner, camper or adventure seeker, now is a great time to find a deal on a new van.