Different Vehicle Financing Options

1
Vehicle Financing Options

• Personal or Business Loans

1800 Approved Finance Solutions 33 Ereton
Dr. Arundel, QLD 4214 http//www.1800approved.com.
au
2
Vehicle Financing Options

• The type of financing to apply for when
  purchasing a vehicle depends on your needs and if
  you are using it for personal or business use.

http//www.1800approved.com.au/car-loans/
3
Vehicle Financing Options

• Knowing the differences will help you make the
  right decision.

4
Vehicle Financing Options

• Personal Loan - A financing option wherein you
  borrow money and use it to buy a car.
• Personal loans can either be secured or unsecured.

5
Vehicle Financing Options

• Finance Lease - Under this agreement, the lender
  purchases the car or equipment and leases it to
  the buyer for an agreed period.
• At the end of the term, the buyer has the option
  to purchase the car or equipment, trade it in for
  a newer model, or extend the lease.

6
Vehicle Financing Options

• Novated Lease - Under this agreement, the
  employer assumes responsibility of the lease and
  takes the payment from the employees pre-tax
  income therefore lowering the employees income
  tax and increasing his take home pay.

http//www.1800approved.com.au/car-loans/
7
Vehicle Financing Options

• Hire Purchase - Much like a rent-to-own scheme
  and commonly used by businesses.
• Under these terms, the buyer agrees to pay a
  certain amount every month plus interest for the
  use of the equipment.

8
Vehicle Financing Options

• Chattel Mortgage - often used by businesses to
  buy equipment or a car if the car is going to be
  used for business purposes 50 of the time.

9
Vehicle Financing Options

• Low Doc Car or Equipment Loan Most beneficial
  for the self-employed and business owners who are
  unable to provide the needed documents for a
  conventional car or equipment loan.

http//www.1800approved.com.au/car-loans/
10
Vehicle Financing Options

• It is advisable to assess your needs before
  deciding which option to choose. To take out the
  guesswork, talk with a finance broker. What you
  think is best may not be the best fit for your
  needs so always trust the expert.

11

• We specialize in
• car loans
• caravan loans
• truck loans
• boat loans
• jet ski loans
• equipment loans
• motorcycle loans
• insurance and
• warranty.

• 33 Ereton Dr. Arundel, QLD 4214

1800-277-768 Email sales_at_1800approved.com.au Webs
ite http//www.1800approved.com.au
We are partnered with more than 30 lenders.
Contact us now and get the best deal!