Car Loan
This type of standard loan allows you to borrow up to 100% of a vehicle cost with fixed repayments over terms of up to 7 years. Usually the only security required for the loan is the vehicle being purchased. This means you don’t require any additional cash for the purchase if your loan application is approved.
Vehicle Lease
With this approach, the company providing the lease owns the vehicle during the agreement period. When the lease ends, you will be given the opportunity to purchase the vehicle at a reduced rate (based on the agreed usage in the lease). You may also choose to terminate the lease at the end or start a new lease for an upgraded model. Many companies and self-employed people prefer leasing for tax advantages.
Hire Purchase
With hire purchase your payments are structured so that at the end of the agreement you own the vehicle. During the hire purchase agreement, the finance company owns the vehicle. This can be a suitable option for anyone needing expensive vehicles or machinery for their business.
Why choose Simplify Finance?
Quick & easy
Simple process that lets you work at your own pace
(even if that’s real fast!).
No ongoing fees
You don’t have to pay an ongoing fees as we
understand that’s important to you.
An amazing team
Australian-based Lending Specialists who provide
a service that our customers rave about
Let’s get your finances in order!
To provide you with a guide to how much you may be able to borrow, try our ‘borrowing power’ calculator. This considers your estimated income and expenses to determine an indicative maximum loan amount, to help you with your property search.