ABN FOR VEHICLE PURCHASE

Submitted: Thursday, Mar 30, 2006 at 18:46
ThreadID: 32357 Views:44359 Replies:14 FollowUps:8
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Greetings all,
I am about to purchase a 4x4 and on nearly on all occasions Im asked by salesmen "do you have and ABN number, you will save x dollars"?

I dont have an ABN number, however my son is a small businessman and he has never bought a vehicle using his number, hence he suggested I use his to get the savings.

My question being, "if" I was to use my son's ABN, apart from the legalities involved, what if any other factors would this involve?

A few that come to mind are;

It would have to be registered in my son's name; and
It would incur higher registration and insurances(due to the vehicle being a business machine).

Any advice is greatly appreciated.

Macca
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