Chattel

Chattel

Don’t have an ABN but need a chattel mortgage for your next car??

No problems. At CoverU we can provide access to the same great products and rates as regular businesses.
Some of our lenders provide access to this so long as you use your car for predominantly business purposes, can provide proof that you receive a car allowance as part of your salary or have your accountant provide a letter confirming predominantly business use.

CoverU can provide you access to the most competitive chattel mortgages available with:

  • Flexible contract terms ranging from 12 to 60 months
  • Tailored monthly payment to suit your budgets
  • Flexible residual values (balloon)
  • Fixed interest rates
  • Fixed repayments for the term of the contract
  • Deposits through cash or trade in welcome
  • Claim tax deductions for 100% of the business use of the vehicle
  • Claim depreciation on the vehicle
  • No GST is charged on the monthly repayment or the contract balloon amount
  • Secured finance allowing for cheaper interest rates

Phone 1300 122 211 or fill in the contact us form and we will be in touch as soon as possible.

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1300 122 211