Car Finance Commercial Hire Purchase Commercial Hire Purchase - CHP
Melbourne Finance Hire Purchase offers the commercial buyer a range of choices, enabling you to structure the finance contract to exactly suit your needs. One vehicle or a fleet - you can put together a Melbourne Finance Hire Purchase in two simple steps: select your vehicle, then talk to your Melbourne Finance consultant.
Whether you wish to upgrade an existing vehicle, or acquire an additional vehicle, Melbourne Finance Hire Purchase offers many advantages to business. Where the vehicle is used for income-producing purposes, interest charges and depreciation on the vehicle may be tax-deductible.
With flexible contract terms from 24 to 60 months, you can select the length of contract to best suit your requirements.
Melbourne Finance Hire Purchase enables you to place a deposit into the contract, either as cash or by using the equity in your current vehicle as a trade-in. You may also nominate the balloon (final payment) on your contract, providing you with even more flexibility to tailor the repayment to suit your budget.
Monthly repayments are based on the amount you wish to finance, less the balloon (final instalment) at the end of the hiring period. Costs are known in advance, and fixed repayments make budgeting easier. For your convenience, we can organize computer direct debiting of your monthly payment from your nominated account.
The Goods and Services Tax (GST) is charged on the capital component (purchase price) of the vehicle and paid up front. Where the hirer is registered for GST, input tax credits may be applied to offset the GST.
Arranging finance through Melbourne Finance is easy. Once you have decided on the vehicle of your choice, simply speak with a Melbourne Finance consultant. They can advise you on the full range of options and tailor a finance package to suit your needs.