Mazda Finance Coffs Harbour

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.

Chattel Mortgage

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).

Benefits

  • Depreciation, interest charges and running costs are all tax deductible (to the level of business use).
  • No capital outlay is required and cash flow can be protected.
  • After full payment of the Chattel Mortgage agreement, the financier releases the Mortgage over the Mazda.
  • You have many varied options of deposits or balloon payments at the end of the term of your choice.
  • No monthly charges or administration fees.
  • For your convenience, all finance documentation completed at the time your new Mazda is delivered.

Consumer Loan

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.

Features

  • Terms range from 12 to 60 months
  • Interest Rate is fixed for the term of the loan as are your repayments.
  • You can pay your loan via the convenient method of Direct Debit or BPAY.
  • You can make a deposit to the transaction of any amount.
  • Payments can be made as often as you like (i.e. Weekly, Fortnightly) via the BPAY method.
  • Other costs associated with the purchase can be financed on the contract (like, Comprehensive Insurance, registration and on-road costs).
  • You can specify a larger final payment (known as a balloon).

Benefits

  • Payments can be structured to suit you individual needs, with your budget and cash flow taken into consideration.
  • With a fixed interest rate you are protected against the market fluctuations.
  • More frequent payments reduce your interest charges and the term of your loan.
  • By financing other costs and insurance you can preserve your cash for other purposes.
  • A deposit will reduce your repayments and your interest charges by reducing the amount borrowed.
  • A Balloon payment has the effect of lowering your regular monthly payments and making your car more affordable.
  • GST: GST is not payable on any part of the Consumer Loan transaction however may be payable on the purchase price of the vehicle or other items like Insurance.

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.

Visit us today

Sales Department

41 Grafton Street,
Coffs Harbour NSW 2450

Phone: 02 6652 3122
  • Mon - Fri: 8:00 AM - 5:30 PM
  • Sat: 8:30 AM - 3:00 PM
  • Sun: Closed
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