Finance

Finance Options

Installment Sale is the simple, traditional route to financing vehicle ownership while leasing gives you the right to use the goods for an agreed period, during which time you pay rentals.


Installment Sale

Installment Sale is the simple, traditional route to financing vehicle ownership.

It is convenient to arrange and offers flexible terms to suit your needs. Financing periods can be structured from 12 - 60 months or longer depending on your personal needs.

  • Interest is calculated at either fixed or prime-linked rates
  • The goods must be fully insured during the agreement
  • There is no minimum deposit payable but may be dependent on current legislation and your credit profile

Benefits

The benefits of choosing this agreement are:

  • You own the goods when you've paid the full amount
  • If the asset is used for business purposes, you can claim depreciation and the yearly interest paid against tax
  • You'll enjoy the benefit of any resale value

Optional Features

You may want to consider taking the following option with your finance package:

  • Take-A-Break Payment

Lease

Leasing gives you the right to use the goods for an agreed period, during which time you pay rentals. At the end of the term, you either return the goods, acquire ownership or extend the lease.

  • Interest is calculated at either fixed or prime-linked rates
  • The goods must be fully insured during the agreement

Benefits

The benefits of leasing accrue mainly if you're using the item for business, or in the generation of income.

  • Rentals can be claimed as expense against tax
  • You don't need to own the asset to use it
  • You avoid tying up working capital
  • Stepped payments, inflated rentals and other structures can be tailored to your needs
  • The deposit percentage and repayment period can be negotiated to suit you

Optional Features

Consider taking the following option with your finance package:

  • Take-a-Break Payment