Depending upon your requirements, Best Car Finance can tailor a loan suitable for you whether it is for home or business
Depending upon your requirements, Best Car Finance can tailor a loan suitable for you whether it is for home
This loan is designed for individuals who want to use their car mainly for private purposes, and for whom ownership is important. You can structure the monthly installments to suit your individual budgetary requirements. By opting to place a large deposit, or by nominating to make a final lump sum payment at the end of the finance term, you can conveniently decrease your monthly repayments, giving you greater flexibility when managing your budget and planning your financial commitments. Ownership of the vehicle is transferred to you as soon as the first payment is made, in exchange for the security over the vehicle. This is discharged upon payment of the final instalment. You may also have the opportunity to re-finance your final lump sum payment at the end of the contract term if you wish. A number of payment options are available for Consumer Sale by Installments including direct debit, extra repayments can be made during the contract term. Consumer Loan applies to new or used passenger vehicles (up to eight years old), and gives you the opportunity to build equity and own your next car.
Commercial Hire Purchase
If you want to use your car predominantly for business purposes, and wish to ultimately own your vehicle at the end of the agreement term, Commercial Hire Purchase may be the right solution for you. This type of agreement provides you with a flexible and tailored option, requiring little or no deposit. Once you have decided on the vehicle of your choice, we can help you determine the most suitable term, taking into account the monthly sum you are planning to pay. Monthly payments are then set for the entire contract term, giving you a reliable figure to plan your business spending, and structure your budget for the period of the agreement. To reduce your monthly commitment you can either opt for a longer term or incorporate a balloon payment at the end of your contract. Upon completion of the Commercial Hire Purchase agreement, and following your final payment, full vehicle ownership is transferred to you.
Chattel Mortgage is a finance product for individuals, sole traders, partnerships and companies who value vehicle ownership. Regular payments can be structured to suit individual requirements, and can be tailored to your needs by opting to pay a larger deposit, or a final lump sum payment at the end of the finance term. This allows you to decrease your monthly repayments and gives you more flexibility when managing your finances. You may also have the opportunity to re-finance your lump sum payments if you wish. The ownership of the vehicle is transferred to you as soon as the first payment is made, in exchange for the security over the vehicle.
Asset Loans may provide taxation advantages depending on the GST structure of your business.
After you have chosen the type of finance package that best matches your requirements, you can complement it with options such as Comprehensive Insurance, Vehicle Loan Protection Insurance and Guaranteed Asset Protection (GAP) Cover. Regardless of how you acquire your vehicle, these insurance products are designed to protect your assets and lifestyle.