|
We offer best car deals cheaper than most dealers to help you save money,
cheap loans for BMW Ford Daihatsu Mazda Honda Nissan Daewoo Lexus Audi Mercedes
Benz Mitsubishi Toyota Subaru Leasing & other financing options available in
Sydney NSW Melbourne VIC Brisbane QLD Canberra ACT Perth WA Adelaide SA Hobart
TAS Darwin NT, Contact Experts Today Australia wide
Visit car manufacturers links below if you need to check any specifications
on your model. Another way of vehicle financing is Auto Leasing, tax benefits
may result this option cheap.
|
We aim to get you a better deal |
|
Full doc loans & novated car leasing available. We deal
with many lenders to offer you better deals. Don't be surprised to see best
deals with us. |
Loans Lease and Car Finance
Car Leasing Vehicle Leases (Finance Lease)
With a Finance Lease
the company finance buy the car and then leases it to the customer. The customer
pays a rental to the finance company to use the vehicle. At the end of the
agreed rental period there is a value to the vehicle, usually closer to an
Auction Price. Finance company may offer to sell the car to the customer at an
attractive price based on this Auction Price.
o
The customer does
not have any right to purchase the car, finance company may extend this facility
(A genuine lease from a taxation perspective is an exception).
o
Maintaining value of
the vehicle, customer is responsible. The customer indemnifies the finance
company for the residual value at the end of the lease term. Auction value would
be much closer to ATO guidelines, will be sufficient to cover the residual
value, it is the customer’s responsibility to make up the shortfall.
o
Subject to credit
acceptance, finance company may help you with a credit facility to pay residual
value and purchase a car.
Benefits to Business
o
Preserve your
working capital – Payment not upfront but you have immediate access to vehicle.
o
Easier cash flow
management – payment terms to suit customer's income.
o
Won't tie up
existing assets – A lease arrangement only, vehicle is owned by the finance
company.
o
Tax benefits – Some
expenses may qualify tax deductions
Tax Benefits
Depending on a
customers individual circumstances an upfront tax deduction may be available to
a 'Small Business Tax Payer' , please contact ATO for more details.
Novated Lease, Car Lease & Salary Packaging
By participating in
the fully maintained novated lease program, your monthly lease rental is
deducted before PAYG tax and the Medicare Levy resulting in lower income tax,
and therefore, a higher net salary.
All operating costs
including registration, insurance, fuel and servicing can be included in the
monthly rental. Business purpose expenses could be incorporated in your salary
package and paid for by your employer on your behalf.
Equipment Loans, Leasing & Rentals
o
Efficient capital equipment financing and leasing solutions, there are a number
of benefits and options we can tailor to suit your individual business needs.
o
Our
team of experienced finance professionals are committed to provide a full range
of finance solutions via select financial intermediaries.
Commercial Hire Purchase (CHP)
The finance company
purchases the car and hires the car to the customer. When the final payment is
made, ownership of the car passes to the customer.
Benefits to Business
o
Immediate access to
cars without paying for them upfront.
o
100% finance is
available for approved customers. Fees, Government Charges, Insurance,
Registration and On-Road costs can also be financed into the loan .
o
Repayment terms can
be matched to the customer's income.
o
Interest and
depreciation are potentially tax deductible.
o
Balloon payments (a lump sum payment at the end of the contract that settles the
debt) can be arranged for approved customers. This enables customers to pay a
lower monthly instalment during the term of the agreement.
Goods and Services Tax (GST)
o
Please read tax
guidelines
o
From a taxation
perspective the customer is treated as having acquired the car from the finance
company via a loan at the commencement of the agreement. However, full vehicle
title does not pass to the customer until final payment is made.
Chattel Mortgage
With a Chattel
Mortgage the customer owns the car. The finance company secure the loan by
registering a charge over the auto vehicle.
Benefits to Business
o
Similar to Commercial Hire Purchase given above.
LINKS TO MANUFACTURERS OF POPULAR CARS
IN AUSTRALIA
| 
