18 October 2019 ·

Financing your Car at Phil Gilbert Toyota | Phil Gilbert Toyota

Financing your Car at Phil Gilbert Toyota

Whether it’s a new or used car, nothing beats the feeling of being able to get into it sooner than you think. Financing makes this possible through giving you options like bank loans and personal loans. To find out more and help you understand your different finance options read our useful guide below.

Car Financing Made Easier

Put simply, car financing means that you borrow money from a bank or financial institution to purchase your car. 

You’re Financing Options

Thankfully, you have a great range of financing options available for your Toyota, which means you’re not constricted. Check them out below and see which one best suits your financial needs.

Personal Vehicle Loans

Predominantly aimed at personal, domestic or household use of a car, personal loans come in the following range:

Toyota Access Car Loan

A Toyota Access car loan allows you to choose the car you want today, and gives you the flexibility to change in the future as your circumstances change (lifestyle, business growth etc.).

Available for new, eligible demo, and Toyota certified used vehicles. It offers you the following benefits:

·         Lower monthly repayments[F9]than a standard car loan

·         Certainty (know Guaranteed Future Value[F2] of your car)

·         Option to trade, keep or return your vehicle when your loan ends

·         You decide on the deposit you want to pay - if any

·         Select a loan term of 3 or 4 years

·         Choose weekly, fortnightly, or monthly repayments

Personal Fixed Rate Car Loan

A Personal Fixed Rate car loan is all about certainty as it allows you to know exactly how much you need to repay each month. Hence its name – fixed.

It offers you the following benefits:

·         Choice

·         Security and confidence

·         Freedom

·         Flexibility

·         Lifetime of Advantages

Novated Lease

A Novated lease is one of the most convenient, simple and cost-effective ways to drive the car you want. It offers you the following benefits:

·         Choose any Toyota car that suits your lifestyle

·         Tax effective with its pre and post-tax salary deductions

·         Best Interest rates in the current market are offered

·         Transparency across all rates, fees and charges

·         Buying power (take advantage of Toyota Finance's buying power on the cost of your car)

·         Competitive servicing & maintenance

·         Fuel saving (with a Toyota Finance Fuel Card)

Business Vehicle Loans

Whether you’re a small to medium business or a larger organisation a business vehicle loan is a great option. They come in the following range:

Toyota Access Business Car Loan

Similar to the Toyota Access Car Loan, a Toyota Access Business Car loan is specifically aimed at business. It offers you the following benefits:

•        Lower monthly repayments [F9] than a standard car loan

•          Certainty (know Guaranteed Future Value [F2] of your car)

•          Option to trade, keep or return your vehicle when your loan ends

•          You decide on the deposit you want to pay - if any

•        Select a loan term of 3 or 4 years

•          Choose weekly, fortnightly, or monthly repayments

Business Fixed Rate Car Loan

A Business Fixed Rate Car Loan, also known as a chattel mortgage, is a convenient way for GST-registered businesses to finance a work-related vehicle. It offers you the following benefits:

·         A fixed interest rate over the business car loan term

·         Option to make additional payments that reduce interest

·         Income tax deductions (through depreciation & interest charges)

·         Is an asset for your business

Novated Lease

A novated lease is a finance arrangement used with salary packaging. This means that your employer pays for your car lease including your car running costs out of your salary package through a combination of pre-tax and post-tax salary deductions. It offers you the following benefits:

·         Responsibility is shared between 3 parties (agreement is between employee, employer and Toyota Finance)

·         Structured payment setup (employer makes payments to Toyota Finance from your salary)

·         Cashless motoring (employee enjoys convenience of cashless motoring)

·         Employee saving ( save on tax and running costs including car price, fuel and more)

Fleet Vehicle Finance

Toyota Fleet Management understands fleet management inside and out. This means that you can rest assured that you will be offered the best solution to finance your fleet of vehicles.

Visit Us For More Information

With over 30 years of financial services expertise, trust Phil Gilbert Toyota to help you choose the best financing option for your car. Contact us today and let’s discuss your options.