Consumer Car Loans, Chattel Mortgages, Novated Lease or Hire Purchase.
We have access to some of Australia's top tier car financiers with same day approvals.
We offer fast, competitive vehicle finance packages for new or used vehicles purchased privately or from a dealership.
Motor Vehicle Finance Structures
Consumer Loan
Generally suitable for a vehicle being purchased for personal use and owned in an individual name. Loan terms available from 12-84 months, with or without a final balloon payment.
Chattel Mortgage
You own the asset from the start of the agreement, with a loan term secured by the asset of 12 to 60 months. Again, this product is suitable for financing the acquisition of plant, equipment and your motor vehicle needs. Balloon values can be structured to be made at the end of the period or the transaction can be fully amortised. Chattel Mortgage Finance is a loan that allows a business using the "cash" method of accounting for the Goods & Services Tax to claim back the GST on the asset purchase price in their next Business Activity Statement.
Commercial Hire Purchase
Hire and use the asset until you make your last payment – and then the asset title is transferred to your name. Suitable for motor vehicles less than 9 years old, and certain types of equipment. Terms available from 12 to 60 months. Commercial Hire Purchase is like a Car Lease in that you pay "rent" over the repayment term. The difference is that you gain equity as you make payments and title passes to you with the last repayment. A Commercial Hire Purchase agreement can be structured with or without a "Balloon" payment, i.e. an additional lump sum payment to be made at the end of the lease.
Finance Lease
Finance leases are structured in line with Australian Tax Office guidelines. All asset types can be financed, again for periods between 12 and 60 months.
Novated Lease
Typically used to finance new and used motor vehicles where an employer offers salary packaging arrangements. Under a Novated Lease, an employee makes an agreement with the Lender for the finance of a vehicle. The employer then takes the repayments out of the employee's pre-tax salary. If the employee changes jobs, they take the car with them.
Why use us as your Broker?
We take the complexities out of choosing the right loan, making it easier for you to make informed financial decisions
We have time for you. Our brokers work directly with you throughout the home loan journey. We answer your call when you call and action everything digitally, fast and efficiently
We liaise with all third parties including your solicitors, buyers agents so that there are no last minute surprises
We periodically review your loan post settlement to ensure your rate remains competitive throughout the term.