Chattel Mortgage

We’ll lend you the money to purchase a truck or trailer, and secure the asset with a Chattel Mortgage. You gain immediate ownership of your truck or trailer, with no GST applicable to the finance. You may depreciate the asset and claim interest expense on the loan.*

  • Flexible contract term ranging from 12 to 60 months (one to five years)
  • A residual value (balloon) may be applied to the loan enabling the monthly repayments to be tailored to a budget (max. 30%)
  • Fixed interest rates/monthly repayments
  • Deposit (either cash or trade-in) may be applied to the loan
  • A customer who is registered for GST can claim the GST contained in the dealer invoice as an input credit on their next Business Activity Statement (BAS)
  • No GST is charged on the monthly repayment or the contract balloon amount
  • Depreciation and interest may be claimed as a tax deduction


*We recommend you seek independent tax advice in respect of the finance product selected.

DEALER LOCATOR