Company Vehicles

Our Business Choice product provides cost effective methods of vehicle ownership for businesses including companies, partnerships and sole traders

Flexible, Cost Effective Path To Ownership

Our Business Choice product provides cost effective methods of vehicle ownership for businesses including companies, partnerships and sole traders. If you are in the market for a new vehicle a Chattel Mortgage can give you a number of advantages that will suit your needs. We would encourage you to Contact Us to discuss this product option to see if it is right for you.

Chattel Mortgage

A Chattel Mortgage is a commercial finance product where the financier advances funds to you (as a business) to purchase a vehicle. You take ownership of the vehicle (the ‘chattel’) at the time of purchase and the financier takes out a mortgage over the vehicle as security for the loan. Once the term of the contract is complete and any residual amount is paid, the mortgage is lifted and clear title is passed to you.

A Chattel Mortgage particularly suits businesses who are registered for GST, as they are entitled to the entire input tax credit in the tax period that the funds are borrowed to make full payment on the chattel at the time of acquisition. They must hold a valid tax invoice at the time of lodging the BAS to claim the GST. There are maximum limits set by the ATO. Talk to us to find out more.

Features and Benefits:

  • Flexible terms from two to five years.
  • A residual value can be placed on the contract allowing monthly repayments to be tailored to a budget.
  • Fixed monthly repayments – interest rates remain the same over the contract term.
  • Finance is secured against the vehicle allowing for lower interest rates.
  • A deposit (cash or trade-in) may be used to reduce the amount financed.
  • GST registered businesses can claim back the GST included in the purchase price up to limits set by the ATO.
  • GST is not payable on the monthly lease payments nor on the residual (if any) at the end of the contract.
  • Income tax deductions are available when the vehicle is used predominantly for work purposes.
  • All costs are known upfront

Business Choice gives you a total vehicle operating package and provides you with one statement of costs. We can handle every aspect of the acquisition, running and disposal of the vehicle, eliminating the need for record keeping and allowing easy reconciliation of costs against a known budget.

Operating Lease Accounting Standards

Historically, many business with vehicles accounted for them under an operating lease. That is, the asset was not included on the balance sheet and thus affected the bottom line. In January 2019, the Australia Accounting Standards Board (AASB16) made changes for the obligation to make future payments and the right to use the asset to now appear on the balance sheet. Our Business Choice Chattel Mortgage product provides an alternative (in compliance with the revised AASB16) with better financial results for you.

The Small Things Matter

With LeaseMasters, we give you personalised service, you are able to speak with the same person each time you call for us to better understand your needs and be able to offer the thorough explanations you require, and a complete service from a ​recommendation of vehicles to delivery and legal documentation. Talk to us​ today to find out more.

Your New Car

Salary packaging your next car is a good decision, see how it can work for you. Call 1300 303 357 and speak to one of our friendly specialists.

* Please click here for calculation details.

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As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances. Visit Important Information to access Product Disclosure Statements or Terms and Conditions which are currently available electronically for products of LeaseMasters, along with the relevant Financial Services Guide. Applications are subject to credit approval. Interest rates are subject to change. Fees and charges may apply.

As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances. Visit Important Information to access Product Disclosure Statements or Terms and Conditions which are currently available electronically for products of LeaseMasters, along with the relevant Financial Services Guide. Applications are subject to credit approval. Interest rates are subject to change. Fees and charges may apply.

© 2019 Wakefield Corporation Pty Ltd (ATF The Wakefield Corporation Trust) trading as The DPoA Group
ABN: 88 877 848 909

You are spending below the amount your Employer has provided for your Vehicle Allowance. In most cases, you will pocket the difference each pay period.


The vehicle / amount you have chosen is in excess of your Vehicle Allowance. This means that you will need to contribute more from your Gross Annual Salary.


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Enter your Gross Annual Salary, excluding superannuation.


A novated car lease is a great alternative to buying a car outright. You need no cash up front, and there are major tax benefits. And because it works by setting up regular deductions from your pay, registration, insurance, roadside assistance, maintenance, tyres and even fuel can all be included. Never worry about these pesty bills again.


You can choose to salary package almost any new car available in Australia. We can offer you outstanding deals on hundreds of sports, family and prestige vehicles – cars, wagons, 4WDs and SUVs - from dealers Australia-wide. We have long-established relationships with premium dealers who stock all the top brands, so our buying power is second to none.


With our specialist guidance, you can learn the secrets of using your pre-tax salary to save thousands on a new vehicle, your mortgage and much more. Secure every dollar you’re entitled to.


We only employ experienced specialists in salary packaging and fringe benefits tax, who stay totally up to date with Australia’s ever-changing taxation landscape with ongoing training. The benefits are all yours.


Instead of speaking with a different person each time, you’ll be assigned a personal client manager, who’ll look after every aspect of your contract.
You’ll obtain high quality service every time, from a specialist who’s committed to your satisfaction, and who’s completely familiar with your needs.
All our staff are located in Australia, and your personal information is kept secure right here - never offshore – so your privacy is assured.


We’ve developed a unique system which can more accurately calculate your true expenses, giving you significantly greater savings over time which you can use to obtain the vehicle you’ve set your heart on.