Car Finance and Car Loans

I would like to say a “Big Thank You” to Madison Finance in getting my new car finance arranged so quickly. Going through the hassle of making sure I took delivery of my car quickly as well as informing me at each and every step of the way. I am very pleased with the quality of service from Madison Finance and I sincerely appreciate your responsiveness and the way you provide your services.

I will definitely recommend your finance services to others because of my satisfaction and wish you all the best in your future years to come.

Regards,

E Tan
Wiley Park NSW

Thank you for your recent assistance in arranging the car finance for my new cars. We have now picked up our three new Suzuki Swifts and couldn’t be happier with the service we have received from your company. It was an effortless process and the service was second to none.

Also you were the most competitive and didn’t charging any application fees.

My whole experience in dealing with you was a pleasure and I will definitely refer anyone I know that is looking for the best car finance.

Regards,

L Vo
Robertson QLD

I recently made a number of online car finance queries from several finance companies via email to check for the best interest rate. Madison Finance replied the fastest and provided me with a fully disclosed payment schedule which gave me a good idea about how much I need to pay per month and the actual interest amount I’ll be paying,

Where as other companies just briefly gave the monthly amount I needed to pay which didn’t give a good idea about what I need to pay. This shows how much effort they take to give clear information for customer enquiries.

Madison Finance called me and took my details by telephone and provided my car loan approval instantly which saved me from going through all the trouble to search and get the finance approved. Madison Finance were able to pay the dealer on the same day they received my signed application. Their fast approach to and quick turnaround times enabled me to buy my car the day I wanted quickly and without any hassle.

They respond to customer quarries quickly and in a freindly manner. I am thankful to Madison Finance for their good service.

Regards,

S. Sivakanthan
Girraween NSW

Luxury Car Tax does not apply to your car finance when you buy a car above the LCT threshold if:

* it was sold by a retail sale in Australia before 1 July 2000
* it was imported into Australia before 1 July 2000 and nobody was entitled to quote for
sales tax purposes
* there was an application to own use (AOU) of the car before 1 July 2000 for sales tax
purposes, and a special credit under section 16 of the GST Transition Act does not apply
* the date of the supply of the car is more than two years after the date of the car’s local
manufacture or date of entry for home consumption
* it is a prescribed emergency vehicle
* it is not GST-free and is specially fitted out for transporting disabled people seated in
wheelchairs
* it is a motor home or campervan, or
* it is a commercial vehicle that is not designed for the principal purpose of carrying
passengers
* LCT does not apply to a private sale of a luxury car

What is a commercial vehicle?
A commercial vehicle is a motor vehicle designed principally for carrying goods.

The Australian Taxation Office (ATO) has confirmed that legislation in relation to the increased LCT rate of 33% for new cars will not be passed by 30 June 2008. However, the government has confirmed that the new rate will be made retrospective and become applicable from 1 July 2008.