Business & Fleet Services
Toyota Financial Services offers an exceptional range of financial solutions designed specifically for businesses and fleet customers.
The range of business finance packages available include: Term Purchase, Hire Purchase; Finance Lease; Novated Lease; and Business Vehicle Loan.
Finally, through our relationship with the Toyota Dealership network you are able to arrange your model selection and finance, plus registration, insurance and extended warranty all through the one dealer, at the one time.
It’s that easy.
A finance lease represents a popular solution for businesses because it enables you to acquire the vehicle of your choice now, without having to arrange any deposit. This means you can retain your capital for other purposes.
In addition, where your vehicle is used for income producing purposes, your payments may be tax deductible. However, we recommend that you seek appropriate advice from your taxation or financial adviser.
Your payments are also fixed for the term of the lease, with a residual value determined in keeping with taxation guidelines and the predicted end-of-lease value of the vehicle to be leased. At the end of your lease period there are a number of options available to you which can be discussed with your local participating Toyota dealer.
To find out more about the benefits of our Finance Lease package, Contact Us today.
A Novated Lease is a finance arrangement where an employee leases the vehicle from Toyota Financial Services, however, the employer assumes the obligation to make the lease payments for the term of the lease as part of an employee’s salary package.
For the first year, the lease can be structured to include all on-road, registration and insurance costs (including Toyota Extra Care products and services), and may constitute a very tax effective means of employee remuneration.
On termination of employment the employee assumes the liability for lease payments however, by agreement, may novate the lease to their new employer.
Allow us to provide you with more information on the benefits of a Toyota Financial Services Novated Lease. Contact Us today.
Term Purchase / Hire Purchase
This finance option represents the ideal choice if you seek the security of vehicle ownership. In essence, ownership of the vehicle passes to you upon receipt of your final installment.
If you wish, all on-road, registrations and insurance costs, (first year only) and Toyota Extra Care services, can be included in your monthly installments. You can also choose to structure your agreement over a 12-60 month term with a final balloon payment, thereby reducing your regular monthly payments to suit your budget requirements. If desired, the trade-in on your current vehicle can be used as a deposit to further reduce your payments.
The flexible nature of this agreement means you can choose to keep your vehicle at the end of the term by simply satisfying all of your obligations under the contract. If you have selected the option of a final balloon payment, we can assist you by refinancing that amount at maturity (approval conditions apply).
Where your vehicle is used for income producing purposes, interest charges, depreciation and other car related expenses may also be tax deductible. However, we recommend that you seek appropriate advice from your taxation or financial adviser as to the consequences of this financing option.
Why not Contact Us today to learn more about the benefits of our Term Purchase / Hire Purchase finance arrangements?
Business Vehicle Loan
A Business Vehicle Loan from Toyota Financial Services offers a flexible and tax effective means of financing motor vehicles for businesses. Business Vehicle Loans are secured by a mortgage over the vehicle which is treated as an asset of your business.
You can choose to structure your loan over a 12-60 month term with a final balloon payment, thereby reducing your monthly repayments to suit your business’s cash flow requirements. The Business Vehicle Loan does not attract GST on monthly payments and offers the flexibility of daily interest calculations on the outstanding principal balance such that extra installments will reduce the loan period and total interest payable.
Allow us to provide you with more information on the benefits of a Toyota Financial Services Business Vehicle Loan. Contact Us today.