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Smarter Commercial Hire Purchase

A Commercial Hire Purchase plan can help you finance your car if you only need it for a predefined period and good news – you won’t have to pay the full price of the car! With options like these, having a vehicle at your disposal is that much simpler!

When you take up a Hire Purchase agreement with one of our lenders, you are “hiring” the car from a financial institution for a rental fee. Instead of repayment of the loan, the financing institution holds the ownership of the car as security and will expect you to take the very best care of the vehicle while it is in your possession. Because you don’t have to pay the full amount of the car, you can greatly save money on the use of the car and just like an installment plan, you have the option of spreading out the costs over a period of time.

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Thank you Smarter Finance for helping me with a hire purchase car. I was extremely confused because there are really so many different types of options when it comes to car financing! By helping me work out the different finance companies loans and comparing them, you really helped me to get a good understanding of which plan would be the most suited for me.

I’d definitely recommend you to other first time car buyers.

Maddison Keats, Melbourne
Hi Smarter Finance,

I got on a hire purchase scheme with you for my Honda a while back. Just taking the time now to thank you for helping me work out the hire purchase agreement and other administrative bits of the transaction so that I didn’t have to worry about approvals and other things. I know a lot of my friends would be glad to know that they can also experience the same good service that I have.


Bethany Knipe, Sydney
Dear Rowan, thank you for helping me out with comparing different hire purchase rates and showing me how to use a hire purchase calculator. I’m definitely much better equipped to working out better interest rates for myself when I need to look at used cars again. I most certainly will not hesitate to look for help from you and your team the next time I think about switching up my ride!

Cheers and thanks mate.

Ben Espie, Gold Coast
My company and I have signed into a commercial hire purchase agreement with the help of Rowan last month in June. My company and I are grateful for your assistance to negotiate and calculate a low interest business loan for the purchase of our transport fleet.

With the support of your team, I believe that the Smarter Finance Company is definitely well equipped and experienced to help other businesses who require the same services.

Eva Gratton, Perth
Finance Smarter

Benefits of Commercial Hire Purchase

  • Flexible Contract Terms
  • Pre and Residual Payments available
  • Fixed Interest Rates & Repayments
  • Tax and GST deductions

With a Commercial Hire Purchase scheme, you can look forward to a number of benefits that work to your advantage. Basically you are “hiring” a car at a monthly rent from the financing institution that has helped you to pay for your car! The institution uses your car as a security, giving you an extremely low interest rate and plenty of options that you can customize to your preference.

Instead of paying a large amount upfront, you can look at different options like pre- or down payments and residual or balloon payments at the end of the loan term so that you can manage your monthly repayment amounts better and at a more affordable rate! That makes the whole financing scheme extremely flexible, especially since the length of your repayment period can range from 12 all the way up to 60 months too!

At the same time, interest rates can be fixed for this payment scheme so that you don’t have to worry about fluctuating repayment amounts every month. Fixing your costs can be very helpful when you are budgeting your income and can help you make sure that your credit history remains in the black.

And the best thing about the Commercial Hire Purchase Scheme is that your business will be able to receive tax deductions on the car and GST waivers for the monthly repayment amounts. Fees and Interest that GST is payable for can be claimed back and this can definitely help your business save some money while you acquire a new asset!

Why Choose Us?

Reputable Lenders

What The Smarter Finance Company can help you with includes finding the right lender for your loan – getting a good interest rate is just the beginning!

Reputable Lenders

We can also help with figuring out what the best options are for you given the various interest rates such as the loan repayment period and other secured or unsecured options, mapping out the terms and conditions of maintaining and breaking the loan and of course, the length of repayment for the loan itself.

Compare & Save

The Smarter Finance Company wants to reach out to you and help you to sort out a good deal for the car as well as ensuring it is within your budget for now and all throughout the loan repayment periods.

Compare & Save

Our team will help you look at your financial plans and compare financing rates so that you can ensure that you’re not overpaying for the car that you’ve selected and you’re not overspending on one either!

Low Interest Rates

When it comes to financing rates for your car, there are a number of different things that need to be considered such as the type of interest rate that your loan will be based on.

Low Interest Rates

Variable or fixed rates can determine how your loan repayments can change while you are paying them off, fees and charges from the different lenders, secured or unsecured loans … We will help you understand and select the options that best suit your situation!

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