CanDo has hire purchase solutions for personal car finance

Personal or business vehicles are purchased using a hire purchase agreement

The choice is yours, hire purchase, leasing or chattel mortgage?

Car finance with ABN’s

Are you starting a new business? Will purchasing a car for the company restrict your cash flow. Then we have the answer.

  • Even one day ABN holders, we have a lender for you!
  • No proof of income – but have a mortgage and clear credit – we got you!
  • Two years business tax returns with good profit – even better!

Cars purchased using an ABN, company or trust should predominately be use in the business at 51% of the use must be for this purpose.

Compare and save

If one call phone could save you a thousand dollars, would you do it? We do.

At CanDo we have the time and knowledge to make that call on your behalf, our finance managers pride themselves on service.

Try us – call us on Sunday!

That’s our promise! If you have been rejected by traditional lenders, contact one of our experienced consultants and we will find a car loan to suit your needs from one of our reputable lenders.

Contact a hire purchase specialist at CanDo today.

Options are what the banks offer - Answers are what CanDo provides

How do I know how much I can afford?

You can use our handy loan calculators or get a quick quote online for an estimate. This is free of charge and at no obligation.

What is a comparison rate?

A comparison rate is the interest rate of a vehicle loan plus some costs associated with the loan expressed as an interest rate. Usually it does not include the banks monthly account keeping fee.

Should I look for a fixed or variable rate?

This is generally a home lending question all the banks we use for asset loans (cars, trucks, caravans, motorbikes and boats) only offer fixed rate lending contracts.

Is hire purchase tax deductible?

Under a hire purchase agreement, you can claim your interest payments as a tax deductions.

Cando will source market leading interest rates on its HP loan contracts.

You accountant can also claim depreciation at tax time!

Commercial hire purchase

Commercial hire purchases are generally for business use. CHP loan contracts are set up over 1 to 5-year term. With fixed not variable interest rates.

Ownership of the vehicle is transferred only when the loan contract has been paid in full. With a CHP contract balloons or residual can be factored into the contract.

What are the current HP Rates?

As with any contract, interest rates are set by the individual banks. CanDo’s experienced finance managers, on your behalf will find the best rate for the vehicle you or your business would like to purchase.

Managing your cashflow is crucial for business success, Call a CanDo representative now. A free no obligation service.