Finance
Melrose Automobiles not only offer you the best service and the best deal on your new vehicle, we also offer competitive finance packages, tailored to your needs.
Our Business Manager, Michael Panayotou, is an accredited representative for both of our financiers. This means you can receive a customised finance package, with on-the-spot finance available to approved customers, for your new or used vehicle while you visit the dealership.
The finance application process is easy and convenient. If you haven't got the time to discuss finance options at our dealership in Phillip, Michael can visit you at your home or office. We also have finance solutions available, for clients who have had difficulty obtaining credit in the past.
The finance products that Melrose Automobiles can provide you are:
Consumer
Business
Personal Loan
A Personal Loan with Melrose Automobiles more than just a car loan, it's your ticket to freedom. Simple and fast, Personal Loans are designed to help you get behind the wheel of any new or used vehicle, used mainly for personal purposes. If there is some business use you may be able to claim a tax deduction for that portion. The only security required for this loan, is the vehicle you are purchasing. With a personal loan that simple, the most trouble you'll have will be deciding which new car to buy!
Chattel Mortgage
A Chattel Mortgage with Melrose Automobiles is not merely business as usual. Offering a tax-effective solution to financing, if you hold an ABN it may enhance cash-flow and allow you the freedom to run your business the way you want. Add to that the fact that as an ABN holder you might be able to claim back some or all of the GST contained in the vehicle purchase price and what you end up with is a less taxing lifestyle.
Commercial Hire Purchase
Because repayments are flexible, a Commercial Hire Purchase with Melrose Automobiles offers approved business clients real freedom of choice. Whether your buying a new or used vehicle, a CHP affords you many advantages and financial benefits. If you use your vehicle for business purposes, interest charges and depreciation on the vehicle may be tax-deductible.
The road opens up when you take advantage of a CHP with Melrose Automobiles.
Lease
A Lease with Melrose Automobiles, is a tax effective product that allows commercial customers to acquire a new vehicle without tying up valuable capital. Flexible lease terms and final lump-sum payments, along with fixed repayments, mean that you can tailor repayments that suit you and help preserve cash-flow which can be applied elsewhere.
After all, what you do with your money is your business.
Novated Lease
A Novated Lease through Melrose Automobiles enables both employees and employers to take advantage of salary packaging a new vehicle. Employees can benefit from lowering their taxable income. Employers also benefit, because a Novated Lease removes the hurdles associated with traditional methods of providing company vehicles to employees.