Motor Vehicle Loans
This is the most common loan used for individual finance as opoosed to business loans.
This is the most common type of Vehicle loan for business use!
A Chattel Mortgage is a commercial finance product where the customer takes ownership of the asset (chattel) at the time of purchase.
Under a Chattel Mortgage the financier advances funds to the customer to purchase an asset, and the customer takes ownership of the asset (chattel) at the time of purchase.
With Chattel Mortgage the customer can claim the interest charges on the contract and depreciation (in the case of vehicles up to the depreciation limit*) as a tax deduction.
The Benefits of a Loan Contract
Apply today and we’ll let you know whether your loan has been approved, usually by the next business day.
Match your Budget
Choose a repayment timeframe to suit your budget, from one to five years.
Rates are fixed so you’ll know exactly what your repayments are.
Use your cash for other things because 100 per cent finance is available to approved customers.
Include Additional Costs
Registration, insurance and on-road costs can also be included in the loan if you are purchasing your car from an approved dealer.
Bridgecoast Finance has other Vehicle Loan options
This is the most common loan used for individual finance
This type of finance is an arrangement between you, your employer and the financier.
Commercial Hire Purchase
This option gives you flexible repayments and you will own the vehicle at the end of the loan term
This type of finance gives you the option to rent a vehicle for an agreed period of time and at the end of the loan term you have the option to upgrade.
The most common type of vehicle or equipment plan.
Fully Maintained Operating Lease
A fixed fee to cover your vehicle management, such as maintenance, registration, renewal, tyres etc. At the end of the term, you simply return the vehicles to the financier.