Arranging your car finance has never been easier with Madison Finance. You can request a quote online or contact our customer service centre for an immediate quote. We offer the most competitve range of products to ensure that you are provided with a tailored financial solution. Applications for finance can be made online or over the phone. A pre-approval for your car finance can often be obtained within as little as 15 minutes.

Our suite of products include personal car lease, novated lease, fully maintained novated lease, chattel mortgage and commercial hire purchase. You can be assured that we will find a finance product to suit your circumstances. With flexibility to adjust the term and residual we will tailor a financial solution to suit your budget.

Madison Finance is now proud to offer a rental program that may appeal to those not in a position to purchase business equipment. Being a business owner is an ongoing expense and sometimes when equipment is required quickly, you are not in a financial position to purchase the necessary equipment. As such, we now can offer a program whereby you can rent the equipment you require with a view to purchase it at a later date. By renting your business equipment you will be able to obtain the equipment you desire and require when you need it, not when you are in a position to finance it. As such you will be able to go about your daily business of generating income from your business.

The Rent-To-Buy program enables you to rent the equipment you require over a specific period with a view to either purchase the equipment, continue to rent, return or change to another piece of equipment. With so much flexibility you will never be caught out again. You will always be able to obtain the equipment you need to satisfy your customers demands. You will be able to work efficiently thus providing the best level of service and meet deadlines.

Standard in most car leases, gap protection will cover your expenses if your vehicle is written off during the term of your lease. Depending on your circumstances, this could save you thousands of dollars.

How? Let’s say your car gets written off when your loan balance is $20,000 on your loan, but the insurance company determines the value of the vehicle to be only $16,000. The insurance money can go to your loan payments, but that still leaves a $4,000 shortfall or gap in the money you have and the money you owe.

Madison Finance offers a range of flexible gap protection policies to protect you in the event your car is written off. Without gap protection, your situation will be treated as an early termination – similar to when you try to cancel your mobile phone contract before your contract is due to expire, penalties may apply.

Although you can endeavor to take all the safety precautions to minimise your risk, car accidents or the circumstances that may lead to your car being written off are impossible to predict or rule out entirely. For this reason, it’s important to protect yourself and we recommend that you consider finance gap protection for your next car finance facility.

The sale of new cars has increased by 8.4 percent for the month of April. This was the biggest increase for almost a decade. The sale of four wheel drives held the largest increase with new car sales increasing by 28.7 percent in the year to April. As Western Australia is experiencing wealth in resources it ultimately recorded the largest increase in new car sales by 26.7 percent for just April which meant a 47 percent increase annually.

Economists believe that the increase in new car sales will continue for months to come. This is as a result of job security being strong, thus driving up the sale of passenger vehicles. Car affordability is also at its best levels in the past four years and car finance has become more readily available. The boom in the Western Australian resources sector has certainly impacted on the demand for new vehicles. Even though the Federal Government’s business tax break ceased in December last year, the vehicles are now being delivered which adds to the increase in sales.

Madison Finance are equipment finance specialists able to provide you with a wide range of financing options. We understand that having the latest equipment on hand is an integral part of your business. Without the latest technology you will not be in a position to service your clients to the best of your potential. By having the most effective technology you will be able to meet your clients needs and demands thus being in a position to expand your own business and be a competitive player in the marketplace.

We also understand that financing equipment may not necessarily be the best option available to you. This may be as a result of an inability to meet the requirements needed to obtain finance. As such, we now offer a rent-to-buy scheme whereby our finance provider purchases the equipment you require from your supplier and you make monthly rental payments. At a later stage you may wish to purchase the equipment from our finance provider at a reduced price, due to you having already made rental payments, or you may wish to continue renting or rent a different piece of equipment. Obtaining the equipment you require is now a very realistic option, which means you will be in a position to do what you do best – getting on with your business!