Finance Options For Your Next Car Loan
Our mission is simple - to put you behind the wheel of the vehicle of your choice. We’ll make sure you get a vehicle loan to suit your personal finances. Choose from one of the following:
| Novated
Lease: Drive the car you want |
| Purpose |
- For employees who have the option of
receiving a car as part of their salary package. The
employer pays all rental payments the financier and the
employee enjoys full use of the motor vehicle.
|
| How it works |
- The employee chooses a car and leases
it from the financier.
- The employee then novates the lease to
their employer, who assumes all the employee’s rights and
obligations under the lease, including responsibility of
meeting the lease rentals.
- The contract is in the name of the
employee who remains the registered owner throughout the
lease and keeps effective control of the vehicle at all
times.
- If the employee leaves the company,
the vehicle remains with the employee. In this situation
generally the employee takes over the payments or gets
another employer to make the payments. This means, the
original employer is not left with an unwanted car and the
employee keeps the vehicle.
|
| Product Benefits |
| Benefits for
employees |
- Use of the vehicle without having to
budget for the repayments.
- Option to buy the vehicle without a
deposit or the hassle of being reimbursed from your
employer.
- Complete choice about what car you buy
and where you buy it from.
- Retain the car even if changing
employment.
|
| Benefits for
employers |
- If the employee leaves, the company is
not left with an unwanted car.
- The employer can provide the
employee with a car without having to reflect it on its
balance sheet.
|
| Interest rates |
- The rentals are fixed throughout the
life of the loan.
|
| Term |
|
| Loan amount |
|
| Repayment
frequency |
- Monthly, quarterly, semi-annually,
annually, seasonally or irregularly
|
| Repayment methods |
- Direct debit and periodical payment
from a nominated bank account, BPAY® and cash/cheque
deposits via a cash booklet
|
|
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Jefferson Ford Mentone
58 Nepean Highway, Mentone Victoria 3194
Tel: (03) 9581 2525
Fax: (03) 9585 1932
Email: scunningham@jeffersonford.com.au
Jefferson Ford South Melbourne
215-217 Normanby Road, South Melbourne Victoria 3205
Tel: (03) 8645 6000
Fax: (03) 9646 3136
Email: ibram@jeffersonford.com.au |
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