Another term for this is Leasing whereby under this agreement you use the car while the lender retains the ownership. During the term you can trade the car in for a later model or purchase the car at end of the term. This is the most common form of agreement for those purchasing a car for personal use with lease terms from 12 months to 84 months. Loan terms can be dependent on the vehicle age and other factors.
Who is the product designed for?
Why Future Finance and Insurance?
With more than 30 years of combined experience in Finance and credit enables us to better analyse your needs and source the most appropriate solutions. We focus only on sourcing you the best product suitable at the best available rate.
For more information regarding gst rulings from the Australian Tax Office please see the link below.
ATO RULES ON LEASING
Responsible lending criteria applies – “Future Finance & Insurance” recognises the importance of responsible lending, as prescribed in the “National Consumer Credit Protection Act 2009″