PACCAR Financial | Products

Products

PACCAR Financial products are tailored to meet the needs of your operation and include the following: - Commercial Hire Purchase Hire Purchase lets customers acquire business equipment quickly, with a minimum outlay of funds. Technically, it is a hiring of goods with an automatic transfer of title to the customer at the end of the term.
Features	Benefits
Flexible Repayments	Customers can match repayments to suit their season cash flow - Skip or seasonal repayments - Interest only - Larger payments during the warranty period
With or without deposit	Minimal cash outlay if required
“Balloon” payments at the end of the term	Lower repayments to suit your needs
Automatic ownership after final repayment	At the end of the term you owns the truck outright.
Depreciation and interest paid may be able to be claimed on your tax.	You can often minimise taxation. You should seek detailed advice from a qualified accountant on tax matters.
- Chattel Mortgage (Loan) Under a Chattel Mortgage title to the truck passes to you upon delivery. PACCAR Financial does not own the truck but secures the loan by taking a goods mortgage over it. PACCAR Financial are lending you money to pay for a truck and thus the GST treatment differs from Hire Purchase and Lease.
Features	Benefits
Loan	GST treatment differs from Hire Purchase. You should seek detailed advice from a qualified accountant on tax matters.
Flexible Repayments	Customers can match repayments to suit their season cash flow - Skip or seasonal repayments - Interest only - Larger payments during the warranty period
With or without deposit	Minimal cash outlay if required
“Balloon” payments at the end of the term	Lower repayments to suit your needs
Depreciation and interest paid may be able to be claimed on your tax.	You can often minimise taxation. You should seek detailed advice from a qualified accountant on tax matters.
- Finance Lease The Finance Lease is the most popular form of leasing in Australia. It is an arrangement where PACCAR Financial (the lessor) purchases the truck required by you (the lessee). PACCAR Financial owns the truck and leases them to you under a Lease Agreement which sets out the residual value of the goods, the term of the lease in months, the rental. Finance leases are also known as Tax-Based Leases or Asset-Method Leases. Many of the selling features of Finance Leases are common to all forms of leasing.
Features	Benefits
100% financing	Minimal cash outlay is required
Residual Value at the end of the lease	Lower monthly outlay due to the residual value
Flexible Repayments	Customers can match repayments to suit their season cash flow - Skip or seasonal repayments - Interest only - Larger payments during the warranty period
Lease rentals (payments) are usually tax‑deductible	Fixed tax deduction You should seek detailed advice from a qualified accountant on tax matters.
PACCAR Financial owns the leased goods.	You are able to obtain the leased equipment at the end of the lease, by offering to purchase them from PACCAR Financial for the Residual Value.
- Operating Lease An operating lease is a true rental arrangement, where you pay a rental for the use of the truck during the lease period. The asset will be returned to PACCAR Financial at the end of the term and we will then arrange the re-renting or disposal. You have no financial responsibility other than to pay the lease rentals, insurance and maintain the leased asset in a fair market condition.
Features	Benefits
True rental agreement	Fixed monthly outlay for the use of the truck
True rental agreement	Does not appear on your Balance Sheet
The truck must be returned to PACCAR Financial at the end of the lease term.	You don’t need to worry about future used truck prices or selling old equipment.
Flexible Repayments	Customers can match repayments to suit their season cash flow - Skip or seasonal repayments - Interest only - Larger payments during the warranty period
Rentals (payments) are usually tax‑deductible	Fixed tax deduction You should seek detailed advice from a qualified accountant on tax matters.