Helping you compare and select from a range of business and personal car finance products.

Finding your dream car is one thing. Finding the right car finance solution to make your money go further is quite another. There’s such a wide range of car finance options available, but don’t worry about shopping around for the best deal because we can do it for you.

At Countplus mbt our specialist finance team can help you compare and select from a range of business car finance and personal car finance products from Australia's leading banks and finance companies. As a chartered accountancy practice, we can help determine the most tax effective structures for you or your business and work out the best finance option in terms of a personal loan, car lease, novated lease or chattel mortgage.

Car Lease

With a Finance Lease the financier purchases the car required by the customer and then leases it to the customer. The customer pays a rental to the financier to use the car. At the end of the agreed rental period the customer can return the car which will be sold at auction or the financier may offer to sell the car to the customer.

Novated Lease

A Novated Lease is a Finance Lease between the financier and the employee which is then novated to the employer. It provides a flexible, cost effective and convenient way to acquire a motor vehicle as part of an employee's salary package. The employee chooses the car they want and the employer pays the employee’s rental obligations from the employee’s pre-tax salary. Should an employee leave their employment, the employee keeps the car and the rental obligations transfer to them.

Chattel Mortgage

With a Chattel Mortgage the customer owns the car from the start of the agreement. The financier secures the loan by registering a charge over the car. From a business perspective, it allows you to have immediate access to the motor vehicle without paying for it upfront and payment terms can be matched to your monthly cash flow. Interest payments and depreciation are potentially deductible.

Personal Car Lease

A Personal Lease opens the advantages of leasing to individuals and where you can demonstrate business use, you may be able to claim a tax deduction for that amount.

For help finding the right car finance solution for your individual of business use, contact the specialist finance team at Countplus mbt.