Sydney Finance Broker

Chattel Mortgage

The Chattel Mortgage is a type of car finance that allows anyone registered for GST and using the cash method of accounting to claim back the GST component on the car they are buying. The reason a Chattel Mortgage is unlike other car finance agreement is that you can claim the GST component on your next BAS statement.

Advantages of a Chattel Mortgage

• Chattel Mortgage allows you to claim the GST upfront.
• Chattel Mortgage allows for a deposit to reduce monthly repayments.
• Not affected by interest rate increases as rate is fixed for the term.
• A Commercial Hire Purchase may consist of a balloon and has no minimum balloon requirement.

Why Use Sydney Finance Broker?

• Great low interest rates.
• No establishment fees.
• No monthly or ongoing fees.
• No payout penalties or retained interest.

Find Out More!

If you require more information about a Chattel Mortgage, just complete the friendly enquiry form and one of our experienced Car Finance consultants will call you back shortly or give us a call on 1300 798 873 and a short phone consultation will provide you with all the answers.