Utes and 4WDs
Ranger, Hilux, Triton, LandCruiser. The workhorses of Australian business.
- New and used
- Balloon options by term
Business car finance
Business car finance without the broker mark-up
Finance your next ute, van or company car with the lender's base rate shown separately and a flat $800 fee. Low-doc for ABN businesses trading 24 months or more.
ABN 24+ months · GST registered · $5,000 to $500,000
Example ute: $75,000
$1,529/month
5 years, 0% balloon, lender rate 7.50% (verified 8 September 2026), $800 fee financed.
In one sentence
AssetMX arranges low-doc chattel mortgages on cars, utes and vans from $5,000 to $500,000 for GST-registered businesses with an ABN older than 24 months, charging a flat $800 fee on top of the lender's base rate.
Last reviewed 8 September 2026 by AssetMX.
Vehicles we finance
From a single work ute to a small fleet, the same transparent pricing applies.
Vans and light commercials
Transit, Sprinter, HiAce. Fitouts can be financed with the vehicle.
- Fitout included in the invoice
- Same-day conditional approval when in policy
Prestige vehicles
BMW, Mercedes, Audi, Porsche for business use without inflated finance costs.
- Business-use percentage applies
- Balloon options available
Pricing
Lender base rate plus $800. That is the whole price.
On the $75,000 example above, a broker loading the rate by about 2% would show you9.50% and cost about $3,405 more over the term. How we compare.
| Term | Lender base rate (p.a.) | Maximum balloon | AssetMX fee |
|---|---|---|---|
| 1 year (12 mo) | 9.10% | 65% | $800 flat |
| 2 years (24 mo) | 8.10% | 60% | $800 flat |
| 3 years (36 mo) | 7.50% | 50% | $800 flat |
| 4 years (48 mo) | 7.50% | 40% | $800 flat |
| 5 years (60 mo) | 7.50% | 30% | $800 flat |
Indicative rates for in-policy low-doc applicants, verified 8 September 2026 against AssetMX lender panel rate sheets. Your rate is set by the lender. AssetMX adds no margin to it.
Why business owners use AssetMX for car finance
The price is the price
Lender base rate plus $800. No commission in the rate, no origination fee, no surprise at settlement.
No phone tag
Quote, fit check, upload and sign online. Conditional approval is typically the same business day for in-policy applications.
Built for clean-credit businesses
If you have traded 24 months, are GST registered and have a clean file, you should not be paying for other people's risk.
Eligibility for business car finance
| ABN | Active for at least 24 months |
|---|---|
| GST | Registered |
| Amount | $5,000 to $500,000 |
| Term | 12 to 84 months |
| Asset age | No more than 15 years old at the end of the term |
| Documents | Driver licence, business bank statements, supplier invoice. No tax returns for in-policy low-doc deals. |
Full detail on lender low-doc policies and requirements.
Questions people ask
Can I finance a used car for my business?
Yes. The vehicle must be no older than 15 years at the end of the loan term. A 7-year-old ute on a 5-year term is fine.
Can I claim the GST on a chattel mortgage?
Businesses registered for GST can usually claim the GST on the purchase price in the BAS period the vehicle is acquired, subject to your accounting method and business-use percentage. Check with your accountant.
Do I need tax returns?
Not for in-policy low-doc applications. Lenders rely on ABN age, GST registration, credit history and bank statements. Very large or complex deals may need more.
What is the maximum balloon on a car loan?
It depends on the term: 65% at 1 year, 60% at 2, 50% at 3, 40% at 4 and 30% at 5 years or more.
Related
Ready? Three questions, then we take it from there.
One flat $800 fee, disclosed before you start. Nothing touches your credit file until you say so.
Trading 2+ years · Clean credit · Vehicles, trucks or equipment for business use