Personal Lease for Vehicles:
Personal leasing for vehicles is for consumers who are employed full time or part time permanent basis. Personal lease is an option that gives you the benefit of set up the balloon payment to minimize the monthly repayment for the loan and own the car easy.
The age of the vehicle should not be older than 9 years at the end of the term.
Balloon Payment for personal leasing:
- Balloon payment is determined according to the term of the loan.
- For maximum 60 months of term maximum balloon is 35%
- For 36 months term 50%
- For 48 months term 45%
Personal Lease description:
- Suitable for the client who would like to purchase a vehicle for personal use.
- Client has annual income grater than $50k
- Working in similar industry continuously for at least 2 years.
- Client can buy the vehicle either private or from a registered dealer.
- Loan term is 12-60 months available.
- Interest rate is fixed for the loan term
- Finance is including the GST
- One paid default is considered.
New ABN OK
Old Equipment OK
Private Sale OK
Defaults, Credit impairment OK
No Deposit OK
Traditional, Non Bank and Private Lenders
Affordable Rent to Own Options also available
Fast Approval & Settlement
24/7 Nationwide Service
NO Doc available = Simple Cashflow Forecast
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