Finance & Insurance Options at Clintons Toyota

Business Finance

Term Purchase

Vehicle ownership with payment flexibility

The Term Purchase finance option is suitable for businesses who want the security of vehicle ownership after the final payment is made.

Features and Benefits:

  • A fixed interest rate for the term of the loan
  • A choice of contract terms ranging from 1 - 5 years
  • A balloon payment option - subject to capacity guidelines
  • The ability for GST registered customers to claim part or full Income Tax Credit (ITC) for any GST on the purchase of the vehicle for use in your business
  • The potential to offset depreciation, interest charges and vehicle running costs against assessable income where the vehicle is used in your business.

Business Vehicle Loan

The benefit of flexibility and tax effectiveness

A Business Vehicle Loan is a flexible commercial loan designed for sole traders, partnerships and companies that are looking to finance a vehicle used primarily for business purposes. Your business owns the vehicle and we take a mortgage over it, so it remains an asset of your business.

Features and Benefits:

  • The security of a fixed interest rate for the term of the loan
  • A choice of loan terms ranging from 1 - 5 years
  • Financing for vehicles up to 7 years old
  • Finance for both Toyota and non-Toyota vehicles
  • A choice of flexible payment options
  • Daily interest calculations on the outstanding principal balance, so any additional payments you make reduce the total interest payable
  • The option to reduce monthly payments with a balloon payment at the end of the term, freeing up cash flow for your business
  • No GST on monthly payments
  • The ability for GST registered customers to claim part or full Input Tax Credit (ITC) for any GST on the purchase of the vehicle for use in your business.

Lease

Driving your capital further

Finance Leases are a popular solution for businesses because they enable you to secure the vehicle of your choice today without a deposit, allowing you to retain your capital for other purposes.

Features and Benefits:

  • An attractive and affordable means of driving a new car every few years
  • A choice of lease terms ranging from 1 - 5 years
  • Fixed payments for the term of the lease
  • No fixed kilometre limits

At the end of your lease period there are a number of options available to you. For example, you may be able to extend the lease for a further agreed term, trade the vehicle in on a new vehicle or make an offer to purchase the vehicle

Small Business Fleets

CompleteLease

Fleet management for small businesses

What is CompleteLease?

CompleteLease is a managed operating lease facility for small to medium-sized businesses with fleets of up to 20 vehicles, available through certified CompleteLease Toyota dealers.

It is a simple and convenient way of managing a vehicle fleet and ideal for businesses that run 'tool-of-trade' vehicles.

What does it include?

A new vehicle is leased by the business for a specific term and kilometre usage program at a fixed monthly rental, which includes full maintenance, tyre replacement and registration.

What happens at the end of the lease?

At completion of the lease the vehicle is handed back to Toyota Fleet Management with no further obligations, provided the vehicle is returned in accordance with kilometre usage and fair wear and tear conditions and outstanding fuel charges met.

What options can I include?

A CompleteLease also gives you the option of including Toyota Extra Care Roadside Assist, Comprehensive Insurance and a Caltex Fuel StarCard, which provides a fuel discount off the pump price. Fuel costs are billed on a monthly basis.

What are the benefits?

  • Vehicle acquisition by Toyota Fleet Management allows customers to benefit from our Australia wide buying power on all makes and models.
  • 100% funding at a known monthly cost allows for easy budgeting. One consolidated monthly invoice detailing all vehicle expenditure, making GST accounting simpler.
  • No liability or asset is shown on the balance sheet, freeing up capital for other business investments.
  • Maintenance, tyres, registration and other running costs can be built into the rental to provide customers with a known fixed expense for varied terms and kilometres. Therefore customers have no maintenance risk.
  • Low administration and management of vehicles required as we take care of vehicle management, allowing you to focus on core business activities.

#May not be applicable in all states.  *Subject to Toyota Finance policy and approval.

Approved applicants only. Terms, conditions, fees and charges apply. This information provided by Toyota Finance, a division of Toyota Finance Australia Limited ABN 48 002 435 181, AFSL and Australian Credit Licence 392536, is of a general nature and for information only. Nothing on this website constitutes or should be considered to constitute legal, taxation or financial advice. Before making a decision about any of the products and services featured on this website, you should consult with your own independent legal, taxation and financial advisors, who can advise you about your personal circumstances.