Car Finance

Our job here at Aussie Fleet is to offer our clients a "hassle" and "haggle" free buying experience for your new car however having seen how few car buyers had access to truly competitive car finance, we decided to do something about it.

So we put together a roster of Australia's most reputable, most experienced, most competitive car finance broking companies.

And we laid it on the line: we could get them the extra turnover they wanted if they would give our clients extra competitive rates.

It's that simple. And the savings go straight to you — no matter what kind of car finance you want:

You'll be looked after by experienced, thoroughly trained industry professionals who really listen — and respond with the innovative, competitive finance options you won't find anywhere else.

They do the homework, compare finance provider submissions, offer unbiased advice and bring you the right solutions, usually by the next business day.

In fact, we can offer a complete service, our new car buying group and also referring you to Australia's most competitive car finance and insurance brokers to save you big money on every aspect of your vehicle ownership!

To find out more, just call us on 1300 554 553 or enquire now.

Personal car loan

This is the simplest way to finance your car whether you buy from a dealer, auctioneer or private seller.

Your vehicle normally becomes the security for the loan. Unsecured personal car loans are also available, as long as you are employed or self-employed full time. The rates for unsecured car loans are slightly higher than for secured ones.

Dealers are always ready to offer you finance, usually at very high rates and restricted to vehicles sold by them. Few if any dealer finance providers will help you if you buy privately.

Our contacts will help you, whatever your choice — at the lowest car finance rates — over the period that suits you best.

They can also help you arrange vehicle evaluation, inspection and title confirmation (through REVS) so you know exactly what you're buying.

Business car loan

Similar in principle to a personal car loan, the main variables are in interest rates and tax benefits.

Our finance brokers look forward to discussing your needs and putting together the business car loan that fully meets your specific needs.

Hire purchase

Whether the vehicle is for you or your business, hire purchase is a flexible way to finance it.

The loan is secured by the vehicle which is, in effect, bought on your behalf by the finance provider. You hire it from them over an agreed term for a fixed amount; the vehicle becomes yours after the final payment is made.

You are noted as the registered owner of the vehicle and responsible for its running, maintenance and insurance.

You can finance the entire purchase price or reduce it with a trade-in or deposit. You can also add a final lump sum payment to reduce loan payments and shorten the term.

In the case of commercial hire purchase, the vehicle needs to be mainly for business, making it ideal for companies, sole traders, partnerships, trusts and other commercial entities.

Tax benefits:

Please consult your financial adviser for specific advice applicable to your situation.

Chattel mortgage

Intended mainly for businesses, a chattel mortgage is similar in principle to a home mortgage. The loan secured by the car you buy while regular repayments are made: usually one to five years. You actually own the vehicle while the finance provider secures a charge over it.

You have immediate use of the vehicle without a large initial outlay, freeing up cashflow. In most cases you can get 100% finance, eliminating the need to pay a deposit.

A chattel mortgage is a very flexible car loan option, letting you finance the entire purchase price or reduce it with a trade-in or deposit. 

You can also add a final lump sum payment to reduce the loan payments as well as its term.

Tax benefits:

Please consult your financial adviser for specific advice applicable to your situation.

 

Finance lease

A finance lease gives you immediate use of the car for an agreed time (generally one to five years), usually with no need for a deposit, meaning little or low capital outlay.

Rental payments are fixed for the term of your lease, simplifying financial planning and helping match outgoings with cashflow. You can also arrange for an extra payment at the end of the term to reduce payments during the lease period.

You also get the added flexibility of being able to refinance, buy or sell the vehicle for its agreed residual value at the end of the lease.

The security for the lease is usually the vehicle itself, with nothing further required.

Tax benefits:

Please consult your financial adviser for specific advice applicable to your situation.

Novated lease

The principle of a novated lease is that the responsibility for it can be assigned to another person or business entity.

In the car finance context it means the purchase contract, while in the name of the employee (who remains the owner throughout the lease), can be assigned to the employer.

Most cars included in salary packages are financed this way. There are substantial benefits for both employee and employer where:

The employee can:

The employer can:

Standard novated lease

A novated lease is usually the best car finance option for a person receiving a company car, getting its full use without having to make direct repayments or having to claim reimbursements from their employer.

The employer, in effect, leases the vehicle at a fixed payment rate from the finance provider and makes the payments through the employee's salary package through a deed of novation.

If the employee leaves the company, the vehicle remains with them and they become responsible for payments or the vehicle can be reassigned to another employee. In any event, the employer does not become responsible for an unwanted vehicle.

Fully maintained novated lease

Under a fully maintained novated lease the operating costs of the vehicle are included as part of the employee's salary package.

In addition to the lease rental itself, such costs typically include registration, insurance, petrol, oil, maintenance/servicing, tyres, carwash use and roadside service.

Tax benefits:

Please consult your financial adviser for specific advice applicable to your situation.