At Buttonwood Finance, we’re committed to making a seemingly very complex and difficult process, simple for you. Through every step of the process, you’ll be gently guided and given all the necessary information you need to make the correct decision for you.
We have helped hundreds of Australians save thousands of dollars on their car loans and used car loans. Because we deal with over 20 of Australia’s most reputable lending organisations, you get the best deal and you get it faster.
Whether you’re buying new, used, or from a private seller or dealer, we can help secure the best rates and most convenient terms for your car loan.
What is a Chattel Mortgage?
Basically if you’re using this vehicle over 50% of the time for business purposes. a Chattel Mortgage could be the right option for you. This is usually taken advantage of by companies, sole traders, trusts or ABN holders and partnerships.
What advantages are there for me?
You can claim the total GST on the vehicle in your first BAS statement after buying it.
You can apply for 100% finance with a deposit, or even trade-in your current vehicle, using the chattel mortgage for the balance of the purchase.
Depreciation can be claimed in your tax.
The most useful way to really understand how a chattel mortgage might benefit you or your business is to speak with one of our financing experts and they will help you uncover what will best suit your unique situation.
A Secured Car Loan is when finance is provided for the specific purpose of purchasing a new or used car. Secured Loans offer the most competitive rates as they use the car as security for the loan. With the car as security, we can offer you lower interest rates as it lowers their risk in the event of a default.
With multiple lenders to choose from, we find the best fit to meet your financial needs.
Options for loan terms ranging from one to seven years (12 to 84 months).
Fixed interest rates mean you'll always know what your repayments will be.
You may qualify for a balloon payment, which will reduce your monthly repayments.
Since the vehicle is held against the loan as security, we can achieve a much lower interest rate.