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At Harris Freer Toyota we can structure a competitive package for all your finance and insurance requirements. We specialise in all aspects of motor vehicle finance and insurance in partnership with Toyota Financial Services, Toyota Insurance & Allianz Australia Insurance. Our commitment to our clients is ensuring that they get the best possible service and products that meet their individual needs.
Harris Freer Toyota offer a range of personal and Business financial packages, these include:
Personal Vehicle Loans:
When you’re looking to purchase a new or used motor vehicle that will be driven predominantly for personal, domestic or household use, a Toyota Financial Services Personal Vehicle Loan is a fast and flexible way to get into the car you want - today !
Personal Vehicle Loans provide:
- 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 Toyota and non-Toyota 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.
BUSINESS SOLUTIONS:
Toyota Financial Services offers an extensive range of business vehicle finance from finance-only solutions such as Chattel Mortgages and finance leases to complete finance and maintenance packages such as Complete Lease. Select the one that suits your business needs.
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Business Vehicle Loan (Chattel Mortgage):
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. Yours business owns the vehicle and we take a mortgage over it, so it remains an asset of your business
Business Vehicle Loans provide:
- A choice of loan terms ranging from 1 - 5 years
- Financing for vehicles up to 7 years old
- Finance for both Toyota and non-Toyota vehicles
- The security of a fixed interest rate for the term of the loan
- 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.
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Term Purchase
The Term Purchase finance option is suitable for businesses who want the security of vehicle ownership after the final payment is made.
Term Purchases provide:
- 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.
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Finance Lease
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
Finance leases provide:
- 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.
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Novated Lease
Novated leases provide:
A novated lease is similar to a finance lease and is a popular salary packaging tool. It provides employees with the opportunity to include a motor vehicle of their choice as part of their salary package A novated lease is a three way agreement. The employee, as lessee and the employer enter into a novated lease agreement with Toyota Fleet Management as the lessor.
All of the lessee's obligations to pay vehicle lease rentals are transferred ("novated") to the employer. The employer then makes such payments to Toyota Fleet Management on behalf of the employee for the term of the novation - or until employment ceases, should it occur during the lease term. Employees can choose their own vehicle, and have their employer pay the vehicle lease rental from their gross salary, potentially giving them a higher disposable income.
Toyota Fleet Management can also administer post tax employee contributions to minimise fringe benefit tax liability.
Employee benefits:
- Greater flexibility with the choice of a vehicle.
- Financing for the vehicle is paid with pre-tax dollars.
- Employee can make an offer to purchase the vehicle at the end of the novated lease term.
- Fixed payments for the term of the lease.
- A choice of lease terms from 1 - 5 years.
- The vehicle may be leased for 100% private use.
- More than one vehicle may be leased with employer's consent.
Employer benefits:
- Removes liability and asset from balance sheet.
- Reduces administration - one invoice for all novated vehicles.
- An easy and cost-effective way to add value to an employee's remuneration package.
- The vehicle stays with the employee, even if they move to a new job.
- Employer does not have to worry about vehicle sale or disposal at the end of term.
- Reduces payroll tax and Work Cover expenses (subject to State laws).
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Complete Lease
CompleteLease is a managed operating lease facility for small to medium-sized businesses with fleets of up to 20 vehicles, available through certified CompleteLease Toyota dealers.
It is a simple and convenient way of managing a vehicle fleet and ideal for businesses that run 'tool-of-trade' vehicles.
What does it include?
A new vehicle is leased by the business for a specific term and kilometre usage program at a fixed monthly rental, which includes full maintenance, tyre replacement and registration.
What happens at the end of the lease?
At completion of the lease the vehicle is handed back to Toyota Fleet Management with no further obligations, provided the vehicle is returned in accordance with kilometre usage and fair wear and tear conditions and outstanding fuel charges met.
What options can I include?
A CompleteLease also gives you the option of including Toyota Extra Care Roadside Assist, Comprehensive Insurance and a Caltex Fuel StarCard, which provides a fuel discount off the pump price. Fuel costs are billed on a monthly basis.
What are the benefits?
- Vehicle acquisition by Toyota Fleet Management allows customers to benefit from our Australia wide buying power on all makes and models.
- 100% funding at a known monthly cost allows for easy budgeting. One consolidated monthly invoice detailing all vehicle expenditure, making GST accounting simpler.
- No liability or asset is shown on the balance sheet, freeing up capital for other business investments.
- Maintenance, tyres, registration and other running costs can be built into the rental to provide customers with a known fixed expense for varied terms and kilometres. Therefore customers have no maintenance risk.
- Low administration and management of vehicles required as we take care of vehicle management, allowing you to focus on core business activities
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Warranties
Toyota Extra Care Extended Factory Warranty
As a vehicle gets older, the risk of mechanical failure inevitably increases. By planning and purchasing warranty protection now, you can avoid potentially expensive repairs later.
Extended Factory Warranty
Extend your original Factory Warranty for Toyota vehicles up to 8 years old that have travelled less than 120,000 kms. Benefits include: repair or replacement of any Toyota component that fails, genuine Toyota parts for all repairs, quality guarantee on all repairs, personal expense cover such as towing, car hire or accommodation and much more.
Dealer Warranty
If you are buying a used vehicle, your participating Toyota Dealer can also offer warranty protection.
Roadside Assistance
Rest assured that should your vehicle be immobilised by a roadside breakdown or accident, help is never more than a phone call away. Toyota Extra Care Roadside Assist will be there for you 24 hours a day, 7 days a week, every day of the year, giving you complete peace of mind.
Some of the benefits include:
- unlimited call outs;
- jump-starting and battery replacement;
- changing flat tyres;
- help with lost or locked-in keys;
- unlimited towing to a Toyota Dealer or authorised repairer;
- medical and legal advice;
- expert technical advice and diagnosis over the phone;
- transferability to the new owner if you sell your car privately.
There are two levels of cover available, providing one of the most professional, reliable and technologically advanced assistance networks in Australia.
You can choose between a 'Basic' plan that provides all the standard roadside services, or the 'Plus' plan, which provides additional benefits such as accommodation for up to two nights, and a rental car for up to 5 days, should you break down more than 100 km from home for longer than 24 hours.
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Insurance
Comprehensive Motor Vehicle Insurance
Be sure to insure!
Imagine the inconvenience of being without your vehicle. Could you afford costly repairs, or replacing your vehicle altogether?
At Toyota Insurance we understand that your vehicle is a critical part of your life. You can choose from two levels of motor vehicle cover:
- Comprehensive, or
- Third Party, Fire and Theft
Our Comprehensive Motor Vehicle Insurance policy will replace your Toyota if it is a total loss, so long as it is less than 3 years old and it has travelled less than 100,000kms. If your vehicle is not a Toyota we will replace it with a new vehicle of the same make and model if it becomes a total loss within the first 12 months of its registration as a new vehicle.
In addition, for all Toyota vehicles covered by the policy, we provide a Genuine Toyota parts guarantee and a lifetime guarantee on all repairs, provided you remain the owner of the vehicle.
With Comprehensive cover we can also help you with:
- Car hire for up to 14 days if your vehicle is stolen;
- Emergency travel and accommodation expenses;
- Protection of your 'no claim bonus' if you are not at fault;
- No fault excess benefit with nothing payable if you are not at fault and have provided us with full details of the other party;
- Protection of your legal liability and help with legal costs for damage to other people's property up to $20,000,000;
- Cover for your personal items in the vehicle up to $500;
- Cover for baby seats and capsules in the vehicle up to $500;
- Transfer of cover if you replace your vehicle;
- Optional windscreen cover and no-claim bonus rating one protection
Finance Gap Insurance
Finance Gap Insurance helps protect you from suffering significant financial loss.
If your new vehicle is stolen or damaged beyond repair, there may be a 'gap' between its insured value and what you still owe the financier. You may also suffer various out-of-pocket expenses while finding a replacement vehicle.
Finance Gap Insurance helps protect you from falling into this gap and suffering a financial loss and personal inconvenience.
Finance Gap provides up to $30,000 for the 'gap' between the insured value of your vehicle and the amount owed to your financier. It also provides up to $4,000 for additional expenses and up to $750 of any new finance establishment fees with Toyota Financial Services.
With a simple one-off premium, Finance Gap covers you for the duration of your finance contract.
Please note that Finance Gap Insurance does not cover any premiums which are owed for your comprehensive motor vehicle insurance policy.
You have a choice of 4 cover options:
- Option 1: Up to $30,000 'gap' and up to $4,000 additional expenses
- Option 2: Up to $15,000 'gap' and up to $4,000 additional expenses
- Option 3: Up to $10,000 'gap' and up to $2,000 additional expenses
- Option 4: Up to $10,000 'gap' and up to $1,000 additional expenses
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