We are able to offer finance on your vehicle at competitive rates through Capital Finance. Below is a general description of loans that may be available to you. The calculator is there as an enquiry only. Please contact us for more information and for a more accurate quote on a loan.
Consumer Loan is typically used by individuals to purchase a car where there is no business use of the vehicle and it does not form part of any salary packaging arrangement. With car loans, the car is the security against the funds borrowed to acquire the car. As the financier holds the car as security, their risk of loss is reduced, and as such a much more competitive interest rate can be offered than for standard personal loans.
Chattel Mortgage is an attractive finance option for sole proprietors, partnerships and companies that use the ‘cash’ method of accounting for the goods and service tax (GST). Under the cash method, the GST component of the acquisition price of the motor vehicle can be claimed back on entity’s next Business Activity Statement (BAS), rather than claiming GST over the term of the finance contract.
