What vehicles can I finance?
Most business vehicles are eligible for finance. This includes trucks (there is generally an upper limit of 4.5 - 5 tonnes), cars, utes, motorbikes and vans.
The key is to know what your requirements are, the kind of vehicle you need, and whether you can afford it. For example, would a Land Rover or a ute be more suitable for the kind of business you operate?
You need to use the car primarily for business purposes. As a result, you may not be able to lease or buy a vehicle unsuitable for your business (for example, a sports car for a plumbing business).
Lenders will consider collectibles or luxury cars if it suits your business, if it is part of your business model, and if you show you can pay for it.
You could also opt for a secondhand vehicle, but there may be restrictions on the age of the vehicle.