Finance and Insurance

Finance and Insurance is a very important part of buying a vehicle and is too often left to the last minute. This is where Berwick Ford and our specialist team are different. We have a range of finance products to support our range of new and quality used vehicles and of course the very best deals on new and used Ford’s doesn’t stop once you buy a car.

We pride ourselves on having competitive rates and offerings all the time. When you are considering funding your vehicle, there can be a lot of information to take in which is why we have a specialist Business Manager on site to assist you. All this again, of course, with the most competitive financing rates available.

So whether you are a small business, sole trader, company, individual or partnership, our Business Manager has a great knowledge of all the below products and is always available to attend to your business and personal finance needs.

Send us an enquiry right now by completing the form below or simply dial (03) 8768 2222

Personal Vehicle Loan

Putting you in the driving seat

When you're looking to purchase a new or used motor vehicle that will be driven predominantly for personal, domestic or household use, a Power Torque Finance Personal Vehicle Loan is a fast and flexible way to get into the car you want - today!

Features and Benefits:

  • The security of a fixed interest rate for the term of the loan
  • A choice of loan terms ranging from 1 - 7 years
  • Financing for vehicles up to 7 years old
  • Finance for both Ford and non-Ford vehicles
  • A choice of flexible payment options
  • The ability to make extra repayments, reducing the total interest payable
  • The option of a balloon payment at the end of the loan - subject to capacity guidelines

Finance Lease Solutions

Driving your capital further

Finance Leases are a popular solution for businesses because they enable you to secure the vehicle of your choice today without a deposit, allowing you to retain your capital for other purposes.

Features and Benefits:

  • An attractive and affordable means of driving a new car every few years
  • A choice of lease terms ranging from 1 - 5 years
  • Fixed payments for the term of the lease
  • No fixed kilometre limits

At the end of your lease period there are a number of options available to you. For example, you may be able to extend the lease for a further agreed term, trade the vehicle in on a new vehicle or make an offer to purchase the vehicle from us.

Business Vehicle Loan

The benefit of flexibility and tax effectiveness

A Business Vehicle Loan is a flexible commercial loan designed for sole traders, partnerships and companies that are looking to finance a vehicle used primarily for business purposes. Your business owns the vehicle and we take a mortgage over it, so it remains an asset of your business.

Features and Benefits:

  • The security of a fixed interest rate for the term of the loan
  • A choice of loan terms ranging from 1 - 5 years
  • Financing for vehicles up to 7 years old
  • Finance for both Ford and non-Ford vehicles
  • A choice of flexible payment options
  • Daily interest calculations on the outstanding principal balance, so any additional payments you make reduce the total interest payable
  • The option to reduce monthly payments with a balloon payment at the end of the term, freeing up cash flow for your business
  • No GST on monthly payments
  • The ability for GST registered customers to claim part or full Input Tax Credit (ITC) for any GST on the purchase of the vehicle for use in your business.

Term Purchase

Vehicle ownership with payment flexibility

The Term Purchase finance option is suitable for businesses who want the security of vehicle ownership after the final payment is made.

Features and Benefits:

  • A fixed interest rate for the term of the loan
  • A choice of contract terms ranging from 1 - 5 years
  • A balloon payment option - subject to capacity guidelines
  • The ability for GST registered customers to claim part or full Income Tax Credit (ITC) for any GST on the purchase of the vehicle for use in your business
  • The potential to offset depreciation, interest charges and vehicle running costs against assessable income where the vehicle is used in your business.