Truck Finance | Kenworth & DAF
When you purchase your new or used truck from Hallam or Bayswater Truck Centre, you can access excellent finance packages through professional finance managers who understand the needs of transport operators. Either through dedicated PacLease solutions or asset funding with PACCAR Financial we can tailor finance packages to meet your needs.
Choice and flexibility
PACCAR Financial is the dedicated finance provider for new and used Kenworth & DAF trucks. Backed by industry knowledge and experience, PACCAR Financial products are specifically designed with Kenworth & DAF owners in mind. We know that, when you order a truck, you want it engineered to suit your specific needs and, similarly, when you need finance, you want it engineered to suit your circumstances. So whether you have a single vehicle or a fleet, a plan can be tailored to suit your business needs.
Trucks and trailers acquired quickly and with minimal initial outlay by hiring at fixed monthly payments over an agreed period. Upon the final payment, ownership transfers to you.
Advantages: You can match payments to suit your seasonal cash flow. You may depreciate the asset and also claim the interest expense. **
Equipment Loan/Chattel Mortgage
PACCAR Financial lends you the money to acquire a truck or trailer and secures the loan with a Chattel Mortgage. You gain immediate ownership of the truck/trailer.
Advantages: You may claim the GST tax refund as a small operator as well as depreciation on the asset the interest expense on the loan. **
No deposit finance with fixed monthly rentals and an agreed residual payment at the end of the lease, upon which ownership passes to you.
Advantages: Rentals are fully tax deductible and you gain ownership at the end of the lease at an agreed value. **
You pay a fixed monthly rental on your truck over an agreed term. At the end of the lease, the truck may be returned to PACCAR Financial, you may extend the lease, or offer to buy the truck at Fair Market Value.
Advantages: Rentals are fully tax deductible and neither asset nor debt appear on you balance sheet. **
Speak to us today about the broad range of financing options we have available.
** You should seek independent financial advice regarding your tax position and what product is best for you.
PACCAR Financial is your dedicated financier of Kenworth and DAF trucks, offering customised financial solutions, specialised products, and service excellence to the road transport industry. Operating in Australia for over 35 years, PACCAR Financial understands your business and the industry in which you operate. We are not a bank, but a specialist finance company financing trucks and trailers.
PACCAR Financial specialises in financing premium quality new and used Kenworth and DAF trucks, as well as trailers and ancillary equipment. We are here to help keep your business moving, by providing tailor-made financial solutions, including lines of credit, seasonal payments and maturing loan refinance.
PACCAR Financial offers customised financial solutions exclusively for the road transport industry. Contact your Regional Finance Manager for help deciding the best type of finance for you with the option of a repair and maintenance agreement, or extended warranty to meet your individual requirements.