Coffs Coast Mazda provides a variety of finance and insurance options to help get you on the road quicker. Our friendly finance department will ensure you get the right balance and, if you're eligible, get you into the car you are after.
A Chattel Mortgage (also known as; Commercial Terms Purchase) is a particular type of finance product used by businesses and/or individuals that require a vehicle for business use. A Chattel is essentially a Mortgage over your Mazda.
For tax purposes you may claim Depreciation, Running Costs and Interest charges against your business income at the percentage of business use applied.
It is important that you seek advice from your qualified financial advisor before deciding on which finance product will best suit your requirements.
The Chattel is a very flexible finance option. You have the ability to finance the full purchase price or incorporate a deposit/trade-in to reduce your payment commitment. Another option is a balloon/residual payment placed at the end of the finance term to allow even greater flexibility of repayments.
Alternatively, you may choose to structure your payments to clear the debt in full over the term of your finance agreement (fully amortised).
A St George Automotive Finance Consumer Loan is the product to use when purchasing a vehicle for private or domestic use.
The vehicle is used as security for the loan, however you have ownership from the beginning of the contract. Upon the final payment you get clear title to the vehicle. A Consumer Loan is regulated under the terms of the Consumer Credit Code.
Imagine the inconvenience of being without your vehicle? Could you afford costly repairs, or replacing your vehicle altogether?
Coffs Coast Mazda provides a range of personal and business insurance solutions for you and your vehicle.
At Coffs Coast Mazda we understand that your vehicle is a critical part of your life. When you take out your insurance you can choose the level of cover that is appropriate to your vehicle.
Contact one of our Business Managers today to discuss your options.