Whether you're a sole trader or large company, business vehicle finance with Volkswagen Financial Services is easy. We'll help tailor your vehicle finance to suit your needs so the best business outcome is achieved at a competitive price.
Volkswagen Financial Services has a range of tax-effective solutions to help with your business: Chattel Mortgage, Finance Lease and Hire Purchase. See the below table to see what's included.
Chattel Mortgage |
Finance Lease |
Hire Purchase |
|
|---|---|---|---|
|
Deposit |
+ |
||
|
Residual or balloon payment at the end of the term |
+ |
+ |
+ |
|
Tax-deductible repayments |
+ |
||
|
Tax-deductible depreciation |
+ |
+ |
|
|
Tax-deductible interest |
+ |
+ |
|
|
GST is payable on the cost of the asset |
+ |
+ |
|
|
GST is payable on the repayments |
+ |
+ |
