Finance Blog

Finance News, Comments & Advice

Salary package your vehicle

March 10th, 2010 in Novated Lease

By salary packaging your vehicle you will be able to make your lease repayments from your pre-tax income. This is done by way of a novated lease. A novated lease is an agreement between yourself, the financier and your employer. Your employer makes finance repayments on your behalf from your pre-tax income. This is now a commonly used method of financing a vehicle.

 

As you can save thousands of dollars each year by using this method it is an attractive way to finance. You also have the option to take out a fully maintained novated lease whereby the running costs of the vehicle are also deducted from your pre-tax income. Running costs of a vehicle include fuel, servicing, registration and insurance. You may also wish to salary package your partner’s vehicle to take further advantage of tax savings.

 

By taking out a novated lease you are not only restricted to using your vehicle whilst in employment with your current employer. Should you cease working for your employer your novated lease can be carried over to your next place of employment. Employers are happy to offer this method of financing to their staff as they do not carry any risk. Employers no longer need to offer company vehicles to their staff and carry depreciating assets on their books. Employees can purchase the car that they wish, rather than adhere to strict company policies.

 

To find out more about salary packaging speak to a Madison Finance representative today on 1300 887 967.

 

Alternative car finance

March 9th, 2010 in Car Finance

When buying a new or used car you will usually require finance. Car finance does not need to be obtained from your dealership or bank. There are many alternate financing arrangements available. By accessing a car finance broker you will be giving yourself the best opportunity to be provided with the best possible car finance solution. A car finance broker will be able to offer a variety of car finance products from a wide range of financiers.

 

By having access to so many products your finance broker will be able to tailor a finance package to suit your needs, circumstances and budget. You will have the flexibility to find a term that suits you by altering the length of the loan and the residual amount. Products available include chattel mortgage, personal lease and commercial hire purchase. Alternatively, you may wish to arrange a novated lease whereby your finance payments are deducted from your pre-tax income. Whatever your financing requirements, Madison Finance will have a finance solution for you.

 

Smart car finance

March 8th, 2010 in Car Finance

Take the stress out of obtaining car finance and do it the smart way. By using a car finance broker you will gain access to a wide range of financiers. By having access to so many financiers you will be provided with a broad range of finance products. This will ensure that you obtain the best car finance solution for you. Your car finance broker will tailor a car finance package to suit your needs, circumstances and budget.

 

You may wish to use the services of an online finance broker. By taking this option you will have access to online quotes and applications. This is a convenient method of arranging car finance as it can be done at a time that is convenient to you. At Madison Finance we understand that life is busy and as such have designed an easy to use website whereby you can obtain online quotes and make an application online. We can also forward your car finance documents via email to expedite settlement.

 

Alternatively, you may wish to contact a Madison Finance representative on 1300 887 967. We will be able to assist you with your car finance queries and guide you through your car purchase and finance.

 

New SUV for Hyundai

March 4th, 2010 in Car Finance

Hyundai have launched a new compact SUV that will replace the Tucson. The ix35 is a sleek vehicle that was built in Germany. Hyundai have proven to become a popular choice for consumers. Hyundai sales increased in 2009 while many manufacturers suffered due to the global financial crises. January sales in Australia were up by 68 percent. This is a good indication that Hyundai are a force to be reckoned with. Hyundai are improving the quality of their vehicles whilst they continue to grow.

 

The ix35 comes in three models, Active, Elite and Highlander. Each model has a choice of petrol or turbo-diesel engine. The base model is well equipped with keyless entry and alarm, six airbags, stability control, 17 inch wheels, electric drivers seat and iPod compatibility. The ix35 is available now with the base model having a starting price of $26,990 plus dealer delivery and on road costs.

 

To arrange for finance pre-approval apply for a quote online or speak to a Madison Finance representative. An application can also be made online or alternatively over the phone within a matter of minutes.

 

Finance equipment online

March 3rd, 2010 in Equipment Finance

In this technological day and age it is now possible to arrange finance of your equipment online. By utilising the services of an online equipment finance broker you will have access to a wide range of financiers thus providing you with an abundant supply of equipment finance products. Your equipment finance specialist will have the experience required to determine which finance product best suits your business. Equipment finance will be tailored to suit your situation, needs and budget.

 

At Madison Finance we have experience in dealing with all types of businesses. Whether you require medical equipment, an office fitout, heavy machinery or the like, we will be able to provide you with a finance solution. We have attractive terms available with discounted rates and special promotions offered by our lenders.

 

You can request a finance quote or make an application online. Alternatively, you may wish to speak to one of our representatives on 1300 887 967.