A Consumer Loan is an ideal way to enjoy your vehicle. By selecting the contract term (from 24 to 60 months) you can tailor your monthly repayment to suit your budget.

The motor vehicle is the only security needed, although in some circumstances, a guarantee may also be required. You can elect to have a balloon (final instalment) on the contract, or you can choose a contract without a balloon, and therefore enjoy full ownership of your vehicle at contract end.

A Consumer Lease is an ideal option when you use the vehicle wholly or predominantly (more than 50% of the time) for personal, household or domestic purposes.

By selecting the contract term (from 24 to 60 months), and the most suitable residual value, you can tailor your monthly repayment. The repayments are fixed and known in advance, so you have a firm control over your budget.

A Finance Lease can be structured over periods of 24 to 60 months and will have a residual value at the end of the lease.

Repayments are based upon the amount financed less the residual value at the end of the lease. This is an effective product for business use as the lease payments for amounts below the depreciation limit ($57,009) are deductible.

A lease for a motor vehicle or truck can also include the financing for 'On road costs' and insurances.

Sometimes called Commercial Hire Purchase (CHP) provides flexible terms from 24 months to 60 months. Payments are based on the amount financed less the balloon (final instalment) at the end of the hiring period.

This product provides flexible features such as a deposit and a wider choice of balloon (final instalment) amount. The business use of a motor vehicle for exnwcle may allow the interest charges and depreciation to be deductible.

The Novated Lease product has been part of mainstream corporate and government remuneration for over ten (10) years. It provides a win-win solution for both the employer and the employee. Lease payments from pre-tax dollars provide a lower cost of ownership - although the price of the car, your taxable income and distance travelled (therefore the FBT payable) needs to be considered.

The Novated lease is the same as a normal asset lease except for some additional documentation 'novation' which brings together the employer, employee and the finance company.

The lease payment is paid by the employer who provides the car to the employee as part of his/her remuneration. At the end of the lease period the car reverts back to the employee who may re-finance or trade in on another car. In the event that the employee's employment ceases for whatever reason the car and its financial obligations also revert to the employee. The employee can have his or her new employer sign a new novation making this a very portable product.