Chattel Mortgage

Chattel mortgages offer an instant way to reduce your GST obligations (if you account on a cash basis). What business couldn’t use a few extra dollars in their activity statement? Chattel mortgages sound complicated - Quantum Finance's simple and straightforward way of explaining the benefits makes them easy.

We also guarantee the lowest rates on chattel mortgages, across the country. Save on GST, save on business car finance costs, and save time and frustration with our simple service!

How does a Chattel Mortgage work?

Savings You Can Make with Quantum Finance Solutions

You can make thousands of dollars in tax savings with a chattel mortgage. For example:

•    There is no GST charged on the residual, or balloon amount of the contract
•    There is no GST charged on the monthly mortgage repayments
•    Any GST paid on the actual purchase price can be claimed back on an activity statement - no waiting until the end of the year for tax savings
•    Claim any depreciation and interest paid on the vehicle if you account for GST on a cash basis

Like our hire purchase agreements or novated leases, chattel mortgages through Quantum Finance have several flexible benefits for car owners:

•    Predictable costs - Interest rate fixed for the term of the agreement
•    Choose your own term, from 12 to 60 months

Quantum Finance handles the full spectrum of new and used car loans for both business and consumers purposes, including  bad credit car loans. You can be guaranteed the lowest car lease and car loan rates in Australia, with a simple chat over the phone. Get in the driver's seat of your finances with Quantum!

 

Need further information?

If you require further Chattel Mortgage assistants, either call 1300 974 066 to speak with an experienced car finance consultant or complete a quick enquiry form