Volkswagen Business Finance Maitland

Business Car Finance

Your success is our success

Whether you’re a sole trader or large company, Volkswagen Financial
Services can help tailor your vehicle finance to suit your needs. Drive
your business forward with the right car at a competitive price.¹

Volkswagen Finance Maitland

At Hunter Volkswagen, we understand that choosing a car is a very personal thing,
which is why we make our car finance just as personal. Our team are here to help you
create an individually tailored finance solution that’s perfect for your vehicle and
budget.

Our dealership works with Volkswagen Financial Services, who have been helping
our clients experience the comfort, style and sheer driving pleasure of owning a New
Volkswagen for over 60 years. Our financial experts put your new car on the road
sooner, and can also help you keep it there with Volkswagen insurance solutions
designed to keep your investment safe.

With so many options to choose from, finding the right finance for your new vehicle
can seem daunting. Hunter Volkswagen is here to help you, with everything you need
in the one place. To find out your options, and get your new Volkswagen on the road
sooner, Contact our finance specialists today.

Flexible business finance options²

Volkswagen Financial Services offers two tax-effective solutions for your
business: Chattel Mortgage or Finance Lease. Check out the below table
to see what’s included.

	Chattel Mortgage	Finance Lease
Deposit	+
Residual or balloon payment at the end of the term	+	+
Tax-deductible repayments		+
Tax-deductible depreciation	+
Tax-deductible interest	+
GST is payable on the cost of the asset	+
GST is payable on the repayments		+

The difference between
financing vs leasing for
businesses

When it comes to getting a car for your business, one of the first things
you need to decide on is whether to buy or lease your chosen vehicle. Both
options have their benefits, depending on how you plan to use your vehicle.

Let’s look at the pros and cons of each.

Financing

Buying a car is a significant expense, and repayments are not usually tax deductible, which can make financing a new vehicle more expensive in the short-term.

However, buying a car has several benefits that leasing doesn’t offer – most obviously being that you ultimately end up owning a long-term asset. And while your loan repayments may not be tax deductible, interest repayments qualify as business expenses.

Additionally, petrol, mileage and maintenance expenses can be written off, and insurance and liability costs are typically cheaper on vehicles owned by your business.

Leasing

Most business owners prefer to lease their vehicles, and it’s easy to see why. Lease repayments are usually less than monthly loan repayments and are tax deductible.

This means that in the short term, leasing a vehicle is a more affordable option, and it gives business owners the freedom to upgrade their vehicle to a newer model at the end of their lease term if they choose.

It is however worth noting that while the monthly payments may be more affordable, they don’t add up to an asset for your business.
It’s well worth doing a cost-benefit analysis before you commit either way, taking note of the car’s total cost over the car loan or lease term including:

— Monthly payments, including interest

— Anticipated mileage

— Maintenance, fuel, insurance, parking and other related costs

— The value of the car at the end of the lease vs. the ownership period.

Your benefits

— No annual charges or account keeping fees.

— Option to bundle your registration, Compulsory Third Party insurance (CTP), comprehensive insurance and on-road costs with your monthly payments.

— Monthly repayments reduced by adding a balloon payment at the end of your loan or paying a deposit.

— Flexible payment options that suit your business cash flow: weekly, fortnightly or monthly by direct debit or BPAY.

More clever business finance solutions

Finance Calculator

3 Simple Steps

Online finance pre-approvals without any commitments

Tip: you can also use this tool to simply calculate your repayments.

01 Choose your dream vehicle

02 Click to apply for finance and tailor your loan to suit your lifestyle

03 Submit your application and we will be in touch within minutes

Choose your vehicle

Start your Finance Application

Full Name

Phone

Dealership Location

Vehicle Condition

Vehicle Make

Vehicle Model

Amount Required

Comments

Security *

Note: Fields marked with * are mandatory.

By clicking submit you consent to the collection, use, disclosure and storage of your personal information in accordance with our Privacy Policy and agree to the Terms of Use

Next Steps