1300 Car Lease

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A good option for customers buying a motor vehicle for business use and who want full ownership at the end of the finance lease term.

A hire purchase is also known as a asset purchase, term purchase, commercial hire purchase, CHP, corporate hire purchase.

A hire purchase allows you to:

• Increase equity in the vehicle with each instalment
• Competitive fixed interest rate
• Repayments and structures to suit your cash flow
• No establishment fees
• No monthly fees
• No payout penalties

Hire purchase benefits

• 100% finance or you can deposit funds to help reduce the overall debt
• 1 to 5 years terms available
• A lump sum payment due at the end of the agreement. It helps to reduce repayment amounts during the loan
• Security is usually taken over the motor vehicle that is financed

GST implications

GST does not apply to the repayment amount, however GST does apply to some government charges that are included in your repayment. GST may also be included in the purchase price of the goods. Refer to your accountant for more information.

Need further information?

Either complete our friendly enquiry form and we will call you shortly or call the number 1300 Car Lease (1300 227 532) and talk to an experienced car leasing consultant today.

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