CHATTEL MORTGAGE

A great way for your business to finance a quality vehicle at Brisbane City Peugeot is via a chattel mortgage. The vehicle you choose is owned by your business. It is used as the security over the mortgage, which means we can offer you very competitive lending terms. Another advantage of a chattel mortgage is lowering your business’s tax obligations, particularly when the vehicle is used only for the purpose of generating assessable income.

With a chattel mortgage our finance department can offer 100% financing to approved business customers, which means your business doesn’t have to tap into its income stream to get into the vehicles it needs. With flexible terms you can make repayments over the duration that you anticipate the vehicle to be a part of your business, and even adjust payment cycles if the cash flow of your business is seasonal. It is also possible to have a final balloon payment to settle the loan when your business has finished with the vehicle, which will allow reduced payments to be made over the entire term.

For all your queries regarding chattel mortgages, please phone us on (07) 3253 1400, or simply send us a message using the contact form.

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