Glossary

Aftermarket Products
After Market Products are those products that you can add to your vehicle to improve the appearance, maintainance, safety or driving pleasure of your new car. Aftermarket products can include things like paint protection, interior protection, rust proofing, reverse park sensors and tinted windows.

Australia Wide Service
Whether you live in NSW, QLD, VIC, S.A, W.A, N.T or TAS our specialist new car broker and new car buying service can assist you in the buying process and ensure you save thousands on your new car purchase by taking advantage of our experience, industry contacts and new car buying power.

Broker
A broker is consultant specialling in various fields such as new car buying or car finance who can offer you a range of solutions to ensure that all of your needs are met and that you obtain the best most cost effective package.

Business Finance
Whether you are a sole trader, a private company, or a major corperation at one stage or another you will find business finance to be a very convenient solution to any new capital purchases such as a new car. Financing for business purposes may assist you with certain tax benefits and may assist your cashflow situation so that your money may used for other things.

Business Use Car Loan, Business Use Car Finance
When obtaining a car loan or car finance for a business purpose there are specific finance solutions that you may find to be an extreme benefit. Packages such as a Commercial Hire Purchase or CHP will ensure that you are able to claim certain costs as a direct tax deduction such as GST, repayments, running expenses etc.

Buying a New Car
Buying a new car is a big step and you must make sure you get it right. Behind buying a new home, buying a new car is likely to be the second biggest purchase you are ever likely to make. We specialize in our field. We buy cars and provide people with car loans and car finance every day so we know how and where to get the best deal. If you were sick you would probably go to the doctor, if your car broke down you would more than likely take it to a mechanic so if you needed a new car or a car loan it would make sense to go to Australia’s leading car broker.

Buying Power
Buying Power is what we use to ensure that you save thousands of dollars and the best discount on your new car. We buy hundreds of cars for our clients which means that our new car dealers and car finance companies discount their products in order to secure our business which means that you will save thousands on your new car and new car finance.

Car Auctions
A car auction is where a motor vehicle, generally used cars are sold publicly to the highest bidder.

Car Broker
A car broker or a car buying consultant such as us specialise in negotiating the best possible price on a new car on behalf of our client using our buying power, industry contacts and expertise in order obtain the best possible price on that new car. Generally based on the vehicle location and its proximity to the buyer, we arrange delivery of the new car to your home or business with a full tank of fuel at no extra cost.

Car Brokers
Based on the volume of enquiry which we receive our service does not cost you anything out of pocket so you have nothing to lose and everything to gain when using our service. We are an Australia wide car broker and finance service so no matter where you are in the country our guarantee is that we will arrange for you the car of your dreams, to your expectations and specifications to be delivered to your door with a full tank of fuel in no time at all. Our buying power extends to all new car manufacturers some of which include Honda, Ford, Holden, Mazda, Mitsubishi, Toyota, Hyundai and Subaru as well as Volkswagen, Mercedes, Lexus, Kia, HSV, Renault, Citreon, Alfa Romeo, Audi, Porsche and BMW.

Car Buying Service
Our car buying service will save you thousands on your new car. This is due to our enourmous buying power. Using our car broker service you are now able to buy your car as if you were buying 100. Our buying power means you will generally buy your new car at a better than company fleet. This means that the new car discounts we are able to achieve are better than you could ever imagine.

Car Buying Tips
1.Enquire & Research – Know what you are looking for and decide on the vehicle you wish to purchase. You can breeze through our make your own enquiries or give us a call to give you some reliable independent advice.
2. Go for a test drive – Go down to your closest dealer or give us a call to arrange a test drive of your chosen vehicle.
3. Let us do the work for you – Now that you know what you are looking for, you can sit back and let us do all the hard work. Using our extensive buying power and trade contacts we will ensure that you save thousands on your new car purchase.
4. Order your new car – Once we have saved you thousands, if you would like to order you new vehicle we can put a hold on it for you and make sure that it is delivered to your door with a full tank of fuel.
5. Delivery – We will ensure that you are kept up to date and keep you informed on the time of your new arrival.
6. Get in the Drivers seat – Once your new car is delivered to your door, jump in, get behind the wheel and go have fun.
7. After purchase benefits – We will make sure that you get the most out of your experience when buying a car with a range of varying promotions. Ask one of our staff for a list of some of the current promotions

New Car Dealer
A new car dealer is a licenced approved franchise authorised by the manufacturer he represents to sell motor vehicles to the general public. Our car broker and buying service deals with new car motor dealers representing all makes and models such as the Ford Falcon, Holden Commodore, Mazda 6, VW Golf, Toyota Yaris, BMW 3 series, Subaru Impreza, Hyundai Getz, Mitsubishi Magna, Kia Carnival, Honda Accord so whether you are after a sedan or hatch, a stationwagon or a convertible we are able to get you the biggest discounts on new cars.

Car Finance
Car Finance is the most practical solution to working within your cashflow situation to purchase your new car. This means wether you are buying your car as part of a salary sacrifice, a business asset purchase or as a private buyer we are able to guide you through the most cost effective method to secure your car through a novated lease, chattel mortgage, finance lease or consumer loan just to name a few. Our car loan interest rates are the most competitive in the country using a range of lenders such as GE, Esanda, BMW Finance, Capital Finance, CBA and Macquarie Leasing and the St George Bank to name a few.

Car Finance Calculator
Our car finance calculator will assist you with providing you with an estimate on your car loan repayments for your new car.

Car Finance Company
We have a range of lenders who specialise in car loans and car finance from private buyers to small and medium enterprises right through to car finance and car laons for major corperations who require finance on a fleet of new cars.

Car Finance Interest Rates
Generally speaking our car loan and car finance interest rates provided by access to a vast range of car finance companies are the most competitive car loan rates in the country. Our lenders offer easy car loans with fast and easy approvals and quick and easy ca loan applications.

Car Loan, Car Loans
A car loan is the most practical solution to working within your cashflow situation to purchase your new car. This means wether you are buying your car as part of a salary sacrifice, a business asset purchase or as a private buyer we are able to guide you through the most cost effective method to secure your new car through a novated lease, chattel mortgage, finance lease or consumer loan just to name a few. Our car loan interest rates are the most competitive in the country using a range of lenders such as GE, Esanda, BMW Finance, Capital Finance, CBA, Macquarie Leasing and the St George Bank to name a few.

Car Loan Calculator
Our car loan calculator will assist you with providing you with an estimate on your car loan repayments for your new car.

Car Manufacturers, Car Makers
No matter where in Australia you live and regardless of the make and model of the new car you would like to purchase, we are able to ensure you benefit from our buying power on new cars and save thousands. We have arrangements with New Car Dealers Australia wide so obtaing a discount on new cars is our guarantee. Our new car manufacturers include

Car Valuation
As part of our new car buying service we are able to provide you with a real value comprehensive valuation appraisal on your trade in vehicle. We have a range of expert valuers who will be able to provide you with a trade in price or even pay you cash for your old car when buying a new car

Chattel Mortgage
Purpose: Available for sole proprietors, partnerships and companies that use the ‘cash’ method of accounting for the Goods and Services Tax (GST). Under the cash method, the GST component of the acquisition price of the motor vehicle can be claimed back on the next Business Activity Statement, rather than claiming the GST over the term of the finance contract.
How it works: You take ownership of the goods upon delivery and Financier secures the loan by registering a charge over the goods.
Benefits: Flexibility is an attractive feature of a chattel mortgage. You can choose to finance the total purchase price, or use a deposit or trade-in to reduce the loan repayments. You can even use the GST refund to contribute towards paying off the loan, thereby reducing the amount financed and the interest paid over the term of the loan. By choosing a chattel mortgage, you become owner of the motor vehicle while the financier secures a charge over the asset. As you are the owner of the motor vehicle you may claim a tax deduction for the depreciation on the motor vehicle as well as the interest component of the loan repayments. In addition, GST is not payable on the loan repayments.
Other benefits include:
The repayments are fixed over the term of the loan.
The term of the loan ranges from 9 months to 60 months.
You can structure the repayments with or without a balloon payment at the end of the term of the loan to tailor your repayments to suit your cash flow.

Commercial Hire Purchase, CHP
Purpose: Available for companies, business, sole traders and professionals who use their motor vehicles for business purposes. Under this method, the GST component of the purchase price of the motor vehicle can be claimed back by the purchaser on the next Business Activity Statement rather than claiming the GST over the term of the contract.
How it works: The hire purchase agreement is a contract where the financier (the ‘owner’) gives the ‘hirer’ possession and use of the motor vehicle in return for regular payments. When the final payment is made, the hirer owns the motor vehicle.
Benefits: Under this arrangement although you do not own the motor vehicle until all monies owed under the arrangement are paid in full, you can still claim a tax deduction for the depreciation of the motor vehicle as well as the interest component of the loan repayments where the vehicle is used for business related purposes.
Other benefits include fixed repayments over the life of the loan, loan terms of 9 to 60 months as well as structuring repayments with or without a balloon payment at the end of the loan so that you can tailor repayments to suit your lifestyle and cash flow.

Consumer Loan
Purpose: Available for individuals to purchase a car where there is no business use of the vehicle and it does not form part of any salary packaging arrangement.
How it works: The motor vehicle is the security against the funds borrowed to acquire the car. As the financier holds the car as security, their risk of loss is reduced, and as such a much more competitive interest rate can be offered than for standard personal loans.
Benefits: Repayments are fixed for the period of the loan. In general, the interest rate on a personal car loan is significantly less than standard personal loans. You can finance the total purchase price of the car. Compared to a adding the vehicle to an existing mortgage, a consumer car loan ensures you make regular payments over a period of 12-60 months, instead of spreading your vehicle repayments over the life of a home loan, for a period as long as 30 years. Avoiding this can save you many thousands of dollars and stop you paying many times the car’s purchase price in interest payments.

Credit Check
In order to be able to provide you with the most competitive interest rates and repayment schedule on your new car loan, a new car finance company will complete a credit check to confirm your previous credit history.

Credit Rating
Your credit rating is based on the consistency of your previous credit arrangements and how punctual you have been as well as any problems you may have had in the past. If your credit history has a troubled past it does not mean that you will not be approved for a new car loan or car finance. There are a range of lenders such as GE Money, BMW Finance, Westpac, NAB, CBA, St George, Macquarie Leasing and Liberty Finance who are able to provide solutions to previous credit problems.

Discounts on New Cars
Discounts on new cars is what you can expect when using our services. We are new car buying and car loan specialists. We know how, where, and when we are able to secure your new car at the best possible price obtaining the best discount on your chosen motor vehicle.

The discounts we are able to achieve for you are not limited to any make or manufacturer and include

Easy Car Loans
When you apply for a new car loan or car finance it is important to go with a broker that understands that your time and money is very important. When using our service you can be assured that the finance application process is extremely easy with no fuss applications, understanding lenders and quick settlements along with the most competitive car loan rates in the country.

Equipment Finance
Our expert staff will advise you of the best structure to package your new car loan whether it be as an asset purchase or equipment finance or lease.

Finance Enquiry
You can make a finance enquiry for a new car via our website. All you have to do is follow the finance link, leave us your contact details and one of our car loan and car finance specialists will contact you. Alternatively you can contact our staff on the contact numbers displayed throughout our website.

Finance Information
All the finance information you need is right here on the website. The information covers all types of car loan and car finance structures such as Commercial Hire Purchase, Chattel Mortgage, Consumer Loan, Finance Lease, Novated Lease and Operating Lease.

Finance Lease
Purpose: Available for sole proprietors, partnerships and companies that use the ‘cash’ method of accounting for the Goods and Services Tax (GST).
How it works: The vehicle is financed excluding the GST component of the acquisition price of the motor vehicle that is claimed back by the financier. This means you are financing the ex GST price, reducing the amount borrowed, however GST is then charged on your monthly payments which can be claimed back on the entity’s next Business Activity Statement over the term of the finance contract. During the term of the lease agreement the lessee pays the rental and does not obtain ownership or equity in the vehicle. The lessor retains ownership of the vehicle, while the lessee assumes the risk of the residual value.
At the end of the lease the lessee has the option of returning the vehicle to the lessor (and make up any shortfall in the residual that may occur), pay out the residual and obtain ownership of the vehicle or refinance the residual for another lease term. Under a finance lease, the lessee is responsible for all maintenance and running costs of the vehicle. Finance lease rentals are subject to GST, as is the residual value of the motor vehicle.
Benefits: A finance lease allows the lessee to select a lease term and repayments to suit their cash flow. Lease rentals and residual values can be negotiated within an appropriate range to allow more flexibility in budgeting.
Where the vehicle is used for business purposes, the lease rental will be tax deductible. The extent of the tax deductibility will depend on the business percentage of use. The lessee (where registered for GST) will be entitled to claim back the GST paid on the lease rentals.
Other benefits include:
There is no initial outlay required from the lessee as finance is for 100% of the value of the vehicle.
The vehicle does not appear on the lessee’s balance sheet.
The term of the loan ranges from 12 months to 60 months

Fixed Interest Rate Finance
Fixed Interest rate finance is when your interest rate never changes or fluctuates to the variable rate. In this type of car loan or car finance your payments generally stay the same.

Free Fuel Offers
From time to time through our various manufacturers and in house promotions we do offer free fuel vouchers and promotions

Fully Maintained Novated Lease
A Fully Maintained Novated Lease is an arrangement where the all of the operating costs (such as lease rental, servicing and maintenance, registration, tyres and insurance) of the motor vehicle are covered by a single monthly payment made by the lessee to the leasing company. The leasing company takes care of all maintenance and administration costs of the motor vehicle.

Guaranteed Lowest Prices on New Cars
By using our enourmous buying power, industry contacts and fleet discounts we are able to guarantee our clients that they will save thousands of dollars off the RRP of the new car of their choice. Our network of dealers work intensely to ensure that the lowest price is achieved on new cars. This cooperation keeps our clients satisfied and keeps them coming back new car after new car and why our service is the most recommended in the country.

Interest Rates
Interest rates are the major factor in working out how much your repayments will be on your new car loan or car finance package. Our lenders provide the most competitive interest rates in the country.

Loan Types
There are many structures that your new car loan can follow. Our vast range of car finance companies can assist your enquiry wether you are a private buyer, purchasing your car as part of a salary sacrifice, making an asset purchase or a large corperation buying a fleet of new cars.
These include a Commercial Hire Purchase, Chattel Mortgage, Consumer Loan, Finance Lease, Novated Lease and Operating Lease.

Low Interest Car Loans/ Low Interest Car Finance
Low interest car loans and low interest car finance is achieved through the expertise of our car loan consultants as well as the volume of loans we assist with through such car loan companies and banks such as GE, Esanda, BMW Finance, Capital Finance, CBA and Macquarie Leasing and the St George Bank to name a few.

Motor Dealers
Our extensive access to all makes and models such as

Makes our car buying and car broker service the most poular in the country.

New Car Buying Service
Our new car buying service specialise in negotiating the best possible price on a new car on behalf of our client using our buying power, industry contacts and expertise in order obtain the best possible price on that new car. Generally based on the vehicle location and its proximity to the buyer, we arrange delivery of the new car to your home or business with a full tank of fuel at no extra cost.

New Car Discounts
Due to our enourmous buying power and industry contacts you can anticipate better than fleet new car discounts when using our service. We now how and whn to get the best new car deals and because new car dealers are aware of the volume of clients we assist, they always come to us first with any special promotions or new car deals.

Novated Lease
Purpose: A customised operating lease gives you full use of an asset while allowing you to avoid many of the risks typically associated with ownership – such as depreciation in value, obsolescence and asset disposal.
How it works: An operating lease acts as a true hiring arrangement where the asset is treated as an expense, allowing you to finance your equipment off balance sheet for accounting purposes.
A Novated Lease is a 3-way arrangement between the employee, the employer and the financier where the obligations under the finance lease are transferred from the employee to the employer through a Deed of Novation, and the employer assumes responsibility for making the lease payments to the financier. The Deed of Novation remains in force until the earlier of the end of the lease term, or until the employee ceases employment.
A Fully Maintained Novated Lease is an arrangement where the all of the operating costs (such as lease rental, servicing and maintenance, registration, tyres and insurance) of the motor vehicle are covered by a single monthly payment made by the lessee to the leasing company. The leasing company takes care of all maintenance and administration costs of the motor vehicle.
A Non-Maintained Novated Lease has the lessee responsible for all maintenance and other running costs of the motor vehicle.
Benefits: There are a number of benefits associated with novated leases. The employee can lease the motor vehicle of their choice. The motor vehicle can be leased where the private use of the vehicle is 100%. When an employee ceases employment, the responsibility for the lease reverts back to the employee.
The concept of novated leasing is central to salary packaging arrangements between an employee and an employer. Under a salary packaging arrangement, an employee agrees to forego a portion of their salary or wages in return for benefits equal to that amount.
For a novated lease, the lease and running costs of the motor vehicle, and fringe benefits tax (if applicable) are deducted from the employee’s pre-tax salary, and PAYG is calculated on the reduced salary or wages. Depending on the employee’s individual financial circumstances, salary packaging a motor vehicle under a novated lease can have the effect of increasing an employee’s net disposable income.
Other benefits of a Novated Lease include repayments fixed over the term of the loan, the term of the loan ranges from 12 months to 60 months. As the financier is the owner of the motor vehicle, they claim the GST on the purchase price, meaning that the employee finances the GST-exclusive amount.
Under a salary packaging arrangement, the employer is entitled to claim an input tax credit for the GST components of the lease payments and other running costs of the motor vehicle. If the employer passes back to the employee the input tax credits, the employee is effectively paying the lease and running costs net of GST.

Operating Lease
Purpose: A customised operating lease gives you full use of an asset while allowing you to avoid many of the risks typically associated with ownership – such as depreciation in value, obsolescence and asset disposal.
How it works: The leasing company assumes the risk with regards to the residual value of the motor vehicle at the end of the lease. The rental payments for the operating lease are fixed for the term of the lease. The operating lease agreement will provide for a maximum number of kilometers that can be traveled by the motor vehicle during the lease term. If the maximum number of kilometers is exceeded by the lessee, an excess kilometer charge will be payable by the lessee to the leasing company.
The motor vehicle must be returned to the leasing company at the end of the lease in good order and condition. Depending on the type of repairs to be made to the motor vehicle upon return (if any), the lessee may be required to pay the cost of those repairs. The lessee has the option of choosing a fully maintained or non-maintained operating lease.
Benefits: There are a number of benefits associated with operating leases, including:
The rental payments are fixed over the term of the lease.
The financier assumes the residual value risk on the vehicle.
The motor vehicle does not appear on the balance sheet.
Operating costs can be included in a single payment.

Private Use Car Loan, Private Use Car Finance
This type of car loan or car finance is available to private buyers financing a car as a consumer loan or as part of a salary sacrifice such as a novated lease.

Purchasing a New Car
Purchasing a new car is probably the second largest purchase you will ever make behind a new home so it is very important to get it right. There are many things to consider, such as themake and model of the new car, the requirements of your new car, the expectations of your new car, as well as other things such as cost of car insurance, the cost of servicing your new car and the best way to pay for your new car. Just because you have money in the bank it does not mean that you have to use it. Some times saving for a rainy day is sound advice. That is why we have a range of car loans and car finance packages that are cost effective and extremely useful to our new car buyers.

Quick Finance Approvals
With our vast range of lenders such as GE Money, BMW Finance, Westpac, NAB, CBA, St George, Macquarie Leasing and Liberty Finance we are able to are able to provide our clients with a quick and easy finance approval process.

Refinance
Lenders such as GE Money, BMW Finance, Westpac, NAB, CBA, St George, Macquarie Leasing and Liberty Finance offer various finance packages so that you can refinance out of your old car loan into a low interest rate easy application finance package.

Salary Packaging
Your employer may provide you with the opportunity to buy a new car as part of a salary package. This allows you to purchase your new car in your personal name whilst car loan repayments are guaranteed by your employer through a deed of novation or in other words a Novated Lease.

Save Thousands on Your New Car
Our car buying service/ car broker service will save you thousands on your new car. This is due to our enourmous buying power. Using our car broker service you are now able to buy your car as if you were buying 100. Our buying power means you will generally buy your new car at a better than company fleet. This means that the new car discounts we are able to achieve are better than you could ever imagine.

Secured Car Loan
A secured car loan is when a finance company lends you money for your new car and uses that new car as security to ensure that you make your repayments towards that car finance.

Trade in Your Old Car
With our vast new car dealer network and access to carsales websites Australiawide, we are able to ensure that your change over figure for your new car is extremely competitive with our car valuations and appraisal team maximising the value of your trade in car to ensure you get the best possible deal and still save thousands on your new car. We are able to have your trade in vehicle valued by our vast dealer network as well as having auctions and dealers such as Pickles Auctions, Alliance Motor Auctions and Cars Wanted who will pay for your trade in car in cash.

Unsecured Car Loan
An unsecured car loan or car finance generally comes in the form of a personal loan or a capital purchase loan. This form of loan may come at a higher interest rate than a normal car loan because the car loan finance company has no security for the money they are providing which ultimately puts the finance company at a risk if you default on your car finance arrangement.

Variable Interest Rate Finance
This type of car loan or car finance is generally used in the situation where you anticipate paying your new car off a lot sooner than the term of your car loan. With this type of car finance your payments may vary depending on the variable interest rate which is not fixed as well as the amount owing on your new vehicle over the period of your car loan.