Chattel Mortgage
What are the Features of a Chattel Mortgage?
- No establishment fees, application fees, monthly fees
- No payout penalties
- Chattel Mortgage terms range from 1 to 5 years
- A tax deduction is available if used for business use
- The Interest Rate is fixed for the term of the Chattel Mortgage agreement
- Lower interest rates due to the vehicle lease being secured against the vehicle
- Chattel Mortgage repayments are fixed for the term
- No GST is charged on the monthly chattel mortgage payment
- Customers registered for GST can claim the GST that is included in the vehicle purchase price
- Subject to credit approval, we will finance 100% of the purchase price
- A balloon payment will lower your regular monthly payments. This not only improves your cash flow, but makes your motor vehicle more affordable
Want to talk to a Chattel Mortgage expert?
It's easy, just call 1300 Chattel Mortgage that's 1300 242 883.
Other Car Finance Options
If you are looking at a Chattel Mortgage as a way to finance your next car purchase, why not consider these other car financing options? If you need further information and expert advice, call us today on 1300 Chattel Mortgage that's 1300 242 883.