If your business uses a cash accounting system, there may be a tax benefit for you in financing your car with a Chattel Mortgage.

Features

  • Loan terms of between 1 - 5 years with a residual value at the end of the contract to allow repayments to suit your budget.
  • Loans start from as low as $5,000
  • Repayments are fixed for term of contract and can be structured to suit you.
  • No GST on the repayments.
  • 100% finance or with an optional deposit / trade.

Repayments can be made via direct debit from a nominated bank account, B'pay or via a coupon book.

Benefits

  • Fast approval.
  • Apply over the phone.
  • The Input Tax Credit may be claimed upfront via your BAS rather than over the life of the loan.
  • Business usage and expenses may be claimed against your taxable income.
  • Structure repayments to suit seasonal cash flow.
  • Repayments fixed for the term of contract enabling you to budget your monthly expenditure.

Contact our Finance and Insurance department today -  02 4229 9111 or finance@corbanauto.com.au