Vehicle finance

Cars, trucks, boats, planes, or any vehicle you need finance for, our team of vehicle finance specialists will help you with your purchase.

New or second hand, we’ll drive your dollar further.


Gauge Finance can arrange finance for consumer and commercial car loans, vehicles, chattel mortgages and novated leases. We can assist you with finding the right vehicle finance arrangement from a range of loan options that can be easily designed to suit your cash flow.

Whether your business is large or small, whatever your industry, our vehicle finance team can help with all types of operating leases and equipment rental.

Because we take the time to listen and understand your business and asset strategy, we can structure the deal according to your objectives. This gives you the flexibility to grow without excessive strain on the lifeblood of your business – your cash flow.

Vehicle loans and leases

Gauge Finacne can arrange finance for cars, boats, motorbikes, jet skis and other registrable items. The most common form of financing is through a secured loan. The asset purchased is used by the lender as security for the loan often allowing a lower interest rate in return.

Secured loans (consumer mortgages) are designed for people purchasing for private use. Our products include chattel mortgage, hire purchase, novated leases and consumer car loans.

Leasing, hire purchase and chattel mortgage loans are available for vehicles used for at least 50% business needs.

At Gauge Finance we make sure the client application meets all lending criteria to provide the best chance of securing approval.

Chattel mortgage

Chattel mortgage is an ideal way for individual business customers to maximise the taxation benefits gained from financing new vehicles. It is designed for those sole traders and partnerships who account for their business operations on a cash basis and can be used for purchasing new vehicles or upgrading existing.

Hire purchase

Commercial hire purchase agreements are typically used by individual business customers who wish to place a deposit into their finance contract or nominate the value of the balloon (final instalment) on their contract. This type of contract offers maximum flexibility to set the monthly repayment amount to suit individual circumstances.

Novated lease

A novated lease is a three way agreement between the employer, employee and the lender. The employer, employee and financier sign a novation agreement whereby the employer agrees to take on the employee’s obligations under the lease. Under this arrangement, the employer makes the monthly lease repayments to the lender on behalf of the employee.

Should the employee leave his or her employment for any reason, the novation agreement ceases and the obligations assumed by the employer revert to the employee as the registration is in the employee’s name.

The choice of vehicle remains with the employee ensuring a vehicle to fully meet their needs.

The employer deducts a portion of the vehicle financing and running costs from the employee’s pre-tax income reducing the employee’s taxable income and the amount of tax payable. There is no need for the employee to do anything on their tax returns as the employer and lender attend to this.

If a vehicle is purchased using another form of finance, 100% of the costs will be taken from after tax income providing no tax benefits at all. With the option of a fully maintained lease, vehicle running costs such as maintenance, registration, insurance costs and projected fuel expenses can also be included in regular salary deductions.