Chattel Mortgage

Ownership with flexibility

With Fleetcare's Chattel Mortgage arrangement you take immediate ownership of the vehicle and the flexibility of knowing exactly what the monthly payment will be.

How it works

The financier takes security (mortgage) over the goods until repayment has been made in full. This finance option best suits you if your business accounts on a cash basis (turnover less than $1m) as it allows funding of GST upfront and permits a full GST claim in the first BAS cycle.

Benefits you'll enjoy..

• No deposit vehicle finance.
• Interest and depreciation may be tax deductible.
• Makes budget forecasting more accurate.
• Finance repayments are spread over time so you keep your cash reserves for more effective use.
• You can build up equity in your vehicle by using the trade-in value of your previous vehicle.
• You can package any finance solution with our various products and services.

Fleetcare can also assist if you currently have vehicles on Chattel Mortgage or other forms of funding.

Take advantage of our competitive fleet finance rates today, ring 1300 655 170 to speak to one of our Fleet Finance Consultants or download our Fleet Funding Options brochure.

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