This is a vehicle rental arrangement with lease payments being fully tax deductible. It allows you (the lessee) to select the vehicle of your choice and use it as though you were the owner. This requires you to take care of the routine servicing, maintenance, registration and insurance.

	Terms are negotiable within a range of 1 to 5 years
	Lease payments are made in advance
	Finance lease is accounted for on balance sheet
	Lessee indemnifies Hino Financial services for the residual value
	The lessee is responsible for insuring and maintaining the vehicle

The Benefits: 

	Security of fixed payments and interest rates
	Preserves working capital - funds can be invested in other parts of your business
	Tax efficient - payments are tax deductible

Hino Purchase

Hino Purchase allows you to purchase the vehicle at the end of the fixed term. That is, ownership of the vehicle passes to you upon payment of the final instalment. The arrangement can be structured either to be fully amortising over the term, or you can opt to reduce the regular monthly payments and make a large balloon payment as a final instalment.

	Hire Purchase is structured to preserve your business capital whilst paying off the vehicle from generated income
	For tax and accounting purposes the operator is treated as the owner
	Interest rates are fixed for the term
	Repayment periods range up to 5 years
	Best suits those who aim to eventually own their truck

The Benefits: 

	Vehicle is shown as an asset on the balance sheet
	Depreciation allowances can be claimed
	Interest can be offset against taxable profits (A deposit may be required)

Hino Financial Services is a specialist in truck finance. We support the sale of new Hino vehicles, as well as used Hino vehicles. Our aim is to help your business achieve maximum effectiveness with minimum risk, whether you are an individual owner-driver or the manager of a large corporate fleet.

You know what your business requires. Think of Hino Financial Services, together with Vanderfield Hino, as your long-term business partners, providing you with quality service during the initial sale, and beyond.

Find out more from Bavin Cherry at Vanderfield Hino, Toowoomba. 
Telephone: (07) 4633 4822