Replacement Motor Vehicle Finance & Leasing
Approval is provided to Australian business
customers for replacement commitments without financials.
What is a replacement
commitment?
A replacement commitment is a transaction
where a customer is upgrading or replacing an existing
vehicle to a new vehicle and the financial commitment
associated with the current vehicle is to be replaced
by the new loan.
This loan product is available to selfemployed Sole Traders, Partnerships and companies.
Professional Package
Aussie New Car Buying Service's replacement
Package offer a short term form approval process, recognising
that to meet the expectations of our high quality professional
customers we need to provide a fast, efficient service
to approve your vehicle finance requirements. This will
in turn help give Aussie New Car Buying Service customers
an edge in this highly competitive market segment.
The short form approval process means
Aussie New Car Buying Service professional clients wont
be required to submit profit and loss statements to
qualify for a loan. Instead Aussie New Car Buying Services
will rely on our professional clients meeting other
pre-agreed criteria and executing a statement of affordability.
Criteria: The proposed professional Aussie
New Car Buying Service clients must:
- Must hold a current A.B.N.
and have been in trading for a minimum of 2 years.
- Must have a clear VEDA/CRAA report.*
- Appropriate Guarantees to be taken (Director, Company
etc) where applicable.
- Satisfactory Credit history confirmed with any mainstream
financier.
- Transaction size limited to $100K for passenger
and light commercial vehicles (no deposit required).
- Finance structure (Chattel mortgage, Hire Purchase,
Lease or UCCC) is acceptable.
- Aussie New Car Buying Service clients will need
to provide a copy of their drivers' licence for settlement.
Aussie New Car Buying Service replacement Vehiclefinance is available from Macquarie Leasing Pty Limited.
* Where a CRAA/Veda Advantage lists any unpaid Loan Default, Payment default, Writ or Judgement written confirmation from the lodging party is required that it is either in dispute, incorrect or paid. Where the CRAA/Veda Advantage lists a Bankruptcy (either current or discharged) the application is to be declined with no reconsideration.
Commercial Lease
Leasing your new car frees resources for your Business Development. Leasing your new company cars does not show on your balance sheet also you dont have burden of owning Aging cars.
Leasing elements asset risk the Lender has the Disposal responsibility leasing makes budget forecasting easy.
Leasing can be fully maintained meaning you can include the new cars maintenance costs, registration fees & FBT Reporting.
Novated Leasing
offers many benifits such as maximising your salary, flexibility of new car choice, unlimited private use, novated leasing can also inlcude fuel, maintenance, Registration and Insurance from your Pre-Tax Salary.
Want to Find Out More ?
Contact one of our experienced consul;tant on 1300 886850 to see whcih new car & Novated leasing package will best suit your needs. or send an email at sales@newcarbuyingservices.com.au
New car buying services leasing finance is available from Fleet Partners Pty Limited.
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