03 9553 1411
Automotive Lease Packaging simplifies car finance! Whether you are an individual, corporate or government agency looking to maximize your vehicle benefits, you can save thousands of dollars by using our specialised finance products and by leveraging off our many years of industry experience. When dealing with us, you can benefit from such features as the "no payout penalties" on our platinum finance products.
Leasing
Leasing is a sensible approach for any business or individual if the vehicle is used predominantly for business purposes. A finance lease gives you immediate use of the vehicle without having to arrange a large deposit. Rentals are fixed for the term of the lease, providing security for your financial planning. Minimum residual values on vehicles are determined by the Australian Taxation Office, maximum residual values determined by the lenders. Allowances can be made for cars that travel over 35,000km per annum to have a lower residual value. There are 3 ways of leasing a vehicle
Commercial Hire Purchase
A Commercial Hire Purchase is for any business or individual in which the vehicle is used predominantly for business purposes. Regular payments are made over the term, from your choice of one to five years. To further benefit your situation you can choose from a range of options, such as financing the total purchase price, using a deposit or trade-in or adding a final lump sum balloon payment to reduce the loan repayments.
Chattel mortgage
A Chattel Mortgage is for any business or individual who is registered for GST, that wishes to purchase a new or used vehicle which will be used predominantly for business purposes. This is a fixed loan that provides for the purchase of a vehicle in exchange for a series of payments. This product allows you to claim the GST involved in the purchase, in full, in your next Business Activity Statement.Flexibility is an attractive feature of a chattel mortgage. You can choose to finance the total purchase price, use a deposit or trade-in or add a final lump sum balloon payment to reduce the loan repayments. You can even use the input tax credit to contribute towards paying off the loan, thereby reducing the amount financed and the interest paid over the term of the loan.
Consumer Loan / Personal Lease (secured)
A Consumer Loan is designed for individuals who want to use their car mainly for private purposes, and for whom private ownership is important, we offer loans with or without balloon payments. By utilising a balloon value, you can reduce your payments considerably and improve your cash flow.
