• Car Finance Types

Wayne Phillis Car Finance Options

Wayne Phillis provides a wide range of new car finance types to suit any purchase, inlcuding:

Consumer Finance

If you intend to use your new vehicle less than 50% for business purposes, Consumer Finance is a convenient and affordable way to purchase your new vehicle today.

At a glance:

• On the spot approval*
• Fixed interest rates
• Tailored Payments up to 84 months**.
• Finance insurances can be arranged, including Consumer Credit Insurance

Finance Lease, Chattel Mortgage and Commercial Hire Purchase

Now you can have the convenience of basing your vehicle purchase around your business usage and cash flow with the flexibility to upgrade the vehicle regularly.

An affordable fixed monthly payment means you have the use of a range of vehicles without committing capital to an outright purchase, which frees up funds to invest in your business.

As an approved business customer, the period of your Finance Lease, Chattel Mortgage or Commercial Hire Purchase is flexible and will be agreed in advance.

Key features:

• Pre-approved lines of credit available on request
• Finance product options to suit your business
• Freed up funds to invest in your business
• Fixed payments tailored to your business cash flow making budgeting simple

Novated Lease

Our Novated Lease option lets you sacrifice a part of your gross salary every month in return for a new vehicle. It’s an easy, affordable way to get the car you’ve always wanted.

The lease arrangement is between you, your employer and the Financier. A Novated Lease can be either a Finance or Maintained Novated Lease where your employer makes repayments on your behalf for the duration of your employment.

Key features:

• On-the-spot approval*
• Transferable lease if agreed with your new employer
• Private use offering greater flexibility than a company car

Fully Maintained Operating Lease

If you need one vehicle or twenty, this solution could really work for your business.

A Fully Maintained Operating Lease offers a single monthly rental payment that combines your fleet management and lease operating expenses in a single easy to maintain package.

Your monthly rental payment covers the following:

• Maintenance and repairs
• Tyre replacement
• Fuel (optional)
• Insurance (optional)
• Accident management
• FBT management reporting
• Fleet management
  reports
• Automotive Association management
• Vehicle registration and infringement management

Business purposes:

Making the right decisions on vehicle and equipment finance can be critical to your company's balance sheet.

Our Business Manager can structure competitive financing which frees up your working capital, so you don't have cash locked up in depreciating assets, thus providing additional sources of flexible capital you can call on at any time.

We can also structure the payments to coincide with your cash flow and, in certain circumstances, help you maximise the tax advantages.

It can make all the difference in moving your business further ahead.

At a glance

• Free up your working capital to take advantage of other business opportunities.
• Simplify the selection of the most appropriate financing option via computer-based analysis
• Manage your cash flows and budget with certainty.
• Structure payment dates to coincide with your cash flows. We suggest you consult with your tax adviser to see if this would also offer you a taxation advantage.