Smarter Chattel Car Mortgage
Just like a traditional mortgage, the Chattel Mortgage requires some form of security to ensure the lender that you are good for the loan amount. Using the soon-to-be-yours vehicle as “chattel”, we are able to help you put through your request for a loan while we take out a mortgage to act as the security.
In the meanwhile, you can drive the car away and use it as you wish while servicing the loan. When all the payments have been made at the end of the contract, you are granted clear title to your car. It’s as easy as that!
Fixed interest rates and monthly payments as well as contract tenure are just some of the attractive options for you today! And with the added benefits of tax deductibility and claimable GST, the Chattel Mortgage option is one of our top contenders for financial tools to help you finance your car!