A flexible option for business people on the go.
Car Loans Choice offer a range of competitive and affordable chattel mortgage options for your next
car. Chattel mortgages are a type of loan that uses the car or “chattel” as security. The buyer takes
the car when purchased and the mortgage is removed at the end of the loan.
Chattel mortgages are better for business people as they have more competitive rates, flexible loan
terms and you can claim the GST in the price of the car through your Business Activity Statements
(BAS.) Further, you don’t pay GST in the monthly repayment or residual value amount (balloon
payment) if you choose to have one.
Sound complicated? Don’t sweat it, our finance consultants make the process easy.
We will provide you with a range of finance options with alternate lenders, comparison rates and all the associated costs involved with it. Go ahead and get a quick quote today.