Author: Alpha390 Finance

Short answer These two are often compared, but they are really answers to different questions. A chattel mortgage is a business purchase. Your business buys the vehicle, owns it from day one, and borrows against it. A novated lease is an employment arrangement. You, your employer and a lease provider enter a three-way agreement, and...

Being on a pension does not automatically rule you out of car finance, and it does not automatically qualify you either. What lenders are assessing is the same thing they assess for everyone: whether the income is stable, whether it is verifiable, and whether the repayments are genuinely affordable alongside your living costs. The difference...

How hybrid car loans work in Australia: mild, full and plug-in hybrids, how lenders treat each, and whether a hybrid may qualify for a green car loan.

Fringe Benefits Tax (FBT) is the piece of a novated lease that confuses most people — but the mechanics are straightforward once you see them. Because your employer provides the car as part of your salary package, the ATO treats it as a fringe benefit, and FBT is the tax that applies to that benefit....

A horse float is a big-ticket purchase — and financing one works much like financing a caravan or trailer, with a loan secured against the float itself. Whether you’re buying a straight-load two-horse float or a large gooseneck angle-load, horse float finance spreads the cost over a manageable term so you keep cash free for...

Quick answer: A novated lease is a three-way agreement between you, your employer and a lease/finance provider. Your employer pays the car’s lease and running costs out of your salary — part from your pre-tax pay — which can reduce your taxable income. You get the use of the car; the provider owns/finances it; your...

Quick answer: Caravan finance is a loan used to buy a new or used caravan, usually structured as a secured consumer loan with the caravan as security. Terms commonly run 2 to 7 years, and you can finance through a dealer or a private sale. What you are offered depends on the caravan’s age and...

A jet ski is one of the easier ways onto the water — and financing one works much like financing a car. Whether you’re buying a new Sea-Doo, Yamaha WaveRunner or Kawasaki, or a good used personal watercraft (PWC), a secured leisure loan spreads the cost over a set term so you can ride this...

Compare motorbike finance options in Australia - secured vs unsecured bike loans, typical rates and terms, deposit and licence requirements, and how to get approved.