Motor Vehicle Finance

Whether you want to buy your dream car or a fleet of commercial work vehicles, at EMS we have the funding solutions to meet your needs. We can arrange finance for private purchases, novated leases for tax effective salary packaging, and commercial vehicle finance for business clients of all sizes.



Depending on your circumstances motor vehicle finance can be structured in a number of ways.



A Chattel Mortgage is a commercial product available on motor vehicles which are for business use more than 50% of the time.

The payments can be tailored to suit seasonal cash flow and you can have a balloon payment at the end of the loan to reduce the monthly repayments.

The financier secures the loan by registering a charge over the motor vehicle and at the end of term the charge is removed.

The terms can be flexible usually ranging between two and five years. The rate is fixed and not affected by any increase during the term of the mortgage. 

In most cases customers using the vehicle for business use can claim a Tax deduction and customers registered for GST can claim the GST content as an imput credit on either their next Business Activities Statement (BAS). 



A novated lease is ideal for employees who have the option of receiving a car as part of their salary package. The employer pays all rental payments to the financier and the employee enjoys full use of the motor vehicle.

The contract is in the name of the employee who remains the registered owner of the vehicle. The employee chooses the car and leases it from the financier.

The employee then novates the lease to their employer, who assumes all the employee's rights and obligations under the lease, including the responsibility of meeting the lease rentals.

The advantage to the employer is they can provide the vehicle to the employee without having to reflect it on their balance sheet. If the employee leaves the company is not left with an unwanted vehicle.

The advantage for the employee is that the contract is in his name, he remains the registered owner throughout the lease and keeps control of the vehicle at all times.



A lease is ideal for companies and self employed. The lease repayment is tax deductable to the percentage the vehicle is used for business purposes.

A lease can be a tax effective way of financing a motor vehicle. Repayments can be structured to meet your cash flow and your budget requirements. A lease can be arranged on vehicle up to five years old.



A Commercial Hire Purchase is ideally suited for employees on a car allowance, self employed and companies. Commercial Hire Purchase is available where the vehicle is used for more than fifty business use. Repayments can be structured to meet your budget and cash flow requirements. A commercial Hire Purchase can be arranged on vehicle up to ten years old.