Truck loan repayments calculator
Australian business relies on trucks. Whether it’s transporting goods, fuel or heavy plant, one or many trucks are essential parts of a company’s continued success. If you’re wondering how much a truck loan might cost, please use our truck finance calculator below to make an approximate calculation. All you need is how much you intend to borrow, the interest rate and your loan term. Select your repayment period for an accurate demonstration of your obligations.
The repayment amount shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual repayment amounts may vary. To find out actual repayment amounts, contact us. This calculation does not constitute a quote, loan approval, agreement or advice by Savvy. It does not take into account your personal or financial circumstances. To apply for a car loan, you must complete our online application. All applications are subject to our lenders' credit assessment criteria. Terms, conditions, fees and charges apply.
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How to get a great deal on truck finance?
To make the most of your truck loan, you should determine the life cycle of your truck. You should also consider your business goals. Some businesses might need to keep up with new technology and require a shorter-term lease. Others prefer to own their truck outright. Better finance deals come with selecting new or close to new trucks. These are lower risks, and lenders pass on that low risk in the form of lower interest rates.
Owner-operators & small/medium business
We understand that truck ownership or leasing can be tricky for startup companies and owner-operators looking to finance their first truck. That's why the financial professionals at Savvy fight hard with our 25 lenders and financiers to make the best business loans available to all our customers. We can set up chattel mortgages and hire purchases with 100% or more finance, balloon payments and seasonal repayment plans. You also get the benefit of claiming GST on the purchase price, depreciation up to the depreciation limit and interest paid on your loan.
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