Flexible chattel mortgage to suite your needs
Thinking of buying your dream car? Savvy offers a complete range of car loan options to suit all needs.
What is a chattel mortgage?
It is a business finance product where the customer owns the vehicle at the time of purchase. The financier takes a mortgage over the vehicle as security for the loan. Once the payments are completed, the mortgage is removed and the title to the car belongs to the customer.
A Chattel Mortgage will suit someone who will use the purchased vehicle over 50% of the time for business purposes. This product is mainly used by a company, sole trader, trust, ABN holders or partnerships.
Car loan that means business
Deciding on the right car finance option for your situation can be rather confusing. There are so many choices, let Savvy take the pressure off and do all the hard work for you so you can drive your car with a better deal.
At Savvy, our qualified business car finance consultants are ready to discuss your Chattel Mortgage options. If your business needs the flexibility of residual value payments or seasonal repayments, our consultants are here to help you make an informed decision that better suits your bottom line.