Personal Lease
A Personal Lease opens the advantages of leasing to private customers. A Personal Lease is suitable when you use your vehicle wholly or predominantly for private purposes.
Where you can demonstrate some business use, you may be able to claim a tax deduction for that portion. Generally, the vehicle itself is the only security required, although in some circumstances a guarantee may also be required.
Customer benefits
- Security is usually the asset itself - preserving access to personal savings.
- No capital outlay - 100% finance is available for approved customers. Fees, Government Charges, Insurance, Registration and On-Road costs can also be financed into the loan for approved customers. Customers may wish to provide a deposit or be required to provide a deposit for finance approval.
- Simplicity - loan repayments will be automatically debited from your nominated personal account.
- Balloon payments - a lump sum payment at the end of the contract that settles the debt can be arranged for approved customers. This enables customers to pay a lower monthly installment during the term of the agreement, and then pay a balloon at the end of the term.
More Information
- Get an online quote in less than 30 seconds
- Call 1300 887 967 to speak with a car finance expert
- Apply now for your obligation free pre-approval
Business Car Finance
- Car Lease (Finance Lease)
- Commercial Hire Purchase (CHP)
- Chattel Mortgage
- Novated Lease (Finance Only)
- Novated Lease (Fully Maintained)