This type of contract is a commercial finance product where the customer hires the vehicle from the financier for a fixed monthly repayment over a set period of time with or without a balloon payment. Suitable for individuals using vehicle for business purposes, companies, partnerships or sole traders.

Product Benefits:

• Flexible contract terms ranging from 24-60 months (2-5 years)
• Balloon payment or final instalment may be applied, thereby reducing the monthly payments
• Fixed interest rates and monthly repayments
• A tax deduction is available when the vehicle is used for business purposes.
• The hirer can claim depreciation (capped at depreciation limit $57,123) and interest charges on the contract
• Customers registered for GST can claim an input tax credit (ITC)

To proceed with your car loan or if you require a car loan quote, simply fill out our enquiry form or call us on 1300 104 107, and one of our qualified finance consultants will contact you to complete your application.