GM Loan Services Adelaide

VEHICLE LOANS

MOTOR VEHICLE FINANCE

 

GM Loan Services specalise in motor vehicle finance where you are unable to produce tax returns or financial statements. We offer loans for a wide variety
of new and used vehicles, enabling you to successfully meet all of your personal and business needs.


From a vehicle worth $10,000 to $250,000 or more, we can find the perfect loan to help you and your business acquire the essentials it needs to grow and prosper.


We are highly experienced in leasing for the professional and small business sectors, helping you stay one step ahead with the latest vehicles on the market.

 

Features and benefits of GM vehicle loans:

  • Acquire a vehicle loan to purchase new and used motor vehicles from $10,000 to $250,000
  • Enjoy flexible terms from 12-60 months
  • Single and easy monthly payments
  • Fixed interest rates for the term of the loan
  • Flexible structures are available with deposits and balloon payments
  • Can be used for both dealer and private purchases

Rates and fees:

  • Annual interest rates are quoted at the time of application
  • Once off establishment fee at the time of approval
  • Low monthly service fees (if applicable)

 

 

TYPES OF VEHICLE LOANS

 

Motor vehicles without tax returns
and/or financials

 

 

Commercial hire purchase  

  • Hire and use the asset until you make your last payment and the asset title will then be transferred to you
  • Suitable for motor vehicles less than nine years old
  • Terms available from 12 to 60 months
  • Commercial vehicles include utilities, vans, light trucks up 3 tonnes

Finance lease  

  • Finance leases are structured in line with the Australian Tax Office guidelines
  • All asset types can be financed
  • Terms available from 12 to 60 months

 

 

 

 

Chattel mortgage

  • you own the asset from the start of the agreement, with a loan term secured by the asset of up to 12 to 60 months
  • balloon values can be structured to be made at the end of the period, or the transaction can be fully amortized  

Property Owner

  • Motor vehicle or light commercial vehicle (no tax returns)
  • Passenger cars or commercial vehicles up to three tonnes
  • Maximum loan amount (including brokerage) of $100,000
  • New and used vehicles up to four years’ old
  • ABN held for a minimum of 24 months by applicant
  • Verified property owner with a minimum of $100,000 equity
  • Satisfactory VEDA report on applicant and/ or guarantor
  • Standard rates, terms and residuals/ balloons apply

Non Property Owner  

  •  Passenger cars or commercial vehicles up to three tonnes
  • Maximum loan amount (including brokerage) or $70,000 after deposit
  • Minimum 30 percent deposit required on all loans
  • New and used vehicles up to four years’ old
  • ABN held for a minimum of 24 months by applicant
  • Satisfactory VEDA report on applicant and/or guarantors
  • Standard rates, terms and residuals/
  • balloons apply 
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