Commercial Hire Purchase
Ideal for business-use car buyers.
Simply find your perfect new or used car and select the most suitable repayment period between 24 and 60 months. We will structure a flexible contract to suit your needs, and at the end of the contract, you decide whether to make a final lump sum payment to own the car outright, refinance that amount or trade in for a brand new vehicle.
Perfect for individual business-use car buyers who want to maximise the taxation benefits of financing a new vehicle.
These are designed especially for sole traders and partnerships that account for their business on a cash basis. GST on your payments can be claimed back on lodgement of your BAS (Business Activity Statement). We can structure a contract to your specific business needs, with terms available from 24 to 60 months depending on your budget, with a final balloon payment facility available.