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Business Car Finance

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Driving forward

Need finance for a new or used business car? Whether you are purchasing a vehicle through a dealership or private sale, Medfin offers you the finance you need to drive the car that you want.

With Medfin’s motor vehicle finance there is no deposit required – you can borrow up to 100% of the cost of your vehicle. And the good news is there are no annual fees and no application forms to fill out.

Facts at a glance
Purpose
To finance new or used business cars.
Finance option features Lease Hire
Purchase
Equipment
Loan
Repayments are tax deductible1 Yes No No
Depreciation of the car is tax deductible1,2 No Yes Yes
Interest is tax deductible No Yes Yes
GST is payable on the cost of the car No Yes Yes
GST is payable on your repayments Yes Yes No

1If used for income producing purposes
2Up to luxury motor vehicle threshold limit

Product Benefits

  • Finance up to 100% of the cost of your vehicle
  • Structure your repayments to suit your cashflow
  • No additional security required

Finance options

Medfin offers you a range of motor vehicle finance options, each with its own advantages. Your Medfin Relationship Manager can custom design a finance solution with repayments to suit your budget.

Simple and fast

Medfin removes the hurdles placed in front of you by other financiers. We understands that your time is important so our experienced Medfin Relationship Managers make appointments at a time and place that suit you and help you to acquire your motor vehicle quickly and easily.

An ongoing relationship

After your car purchase is complete, your Medfin Relationship Manager remains at call with specialist industry knowledge. At Medfin, high quality, personalised service is our first priority.

Specialist advice

Medfin focuses exclusively on the financial needs of medical, dental and healthcare practitioners. With more than 20 years of market experience, Medfin is an Australian leader in finance for healthcare professionals.

It’s easy – take the next step

Phone your local Medfin Relationship Manager on 1300 361 122.