6040 views

0 Members and 1 Guest are viewing this topic.





Online JBO


  • Joined: Sep 2011

  • Drives: Something that doesn't meet my aspirations...yet...
  • Location: Adelaide
8.75…though it might hit 10.
This anonymous clan of slack-jawed troglodytes has cost me the election, and yet if I were to have them killed, I would be the one to go to jail. That's democracy for you. - C Montgomery Burns.



Offline Fil-Ski


  • Joined: Feb 2009

  • Drives: 993TT
  • Location: Adelaide
Correct. Walk in with an invoice for a car up to 3 years from a MVD. Term it to 7 years of age. Borrowing company needs to have abn and registered for 2 years and it will be auto approved subject to a credit check. If you are a non Westpac client they ask for a council rates notice proving director owns property. Docs within 24 hours ,fund immediately.

Also applied to earthmoving equipment and other primary goods.

Disclaimer, I don't work for Westpac  :D

What's the catch?
I can see the banks getting burned on this if things go South.  We all know what happeneds to wholesale values when the market is flooded with cars.



Offline robertb

  • Poll Dancer

  • Joined: Apr 2006

  • Location:
  • Drives:
Correct. Walk in with an invoice for a car up to 3 years from a MVD. Term it to 7 years of age. Borrowing company needs to have abn and registered for 2 years and it will be auto approved subject to a credit check. If you are a non Westpac client they ask for a council rates notice proving director owns property. Docs within 24 hours ,fund immediately.

Also applied to earthmoving equipment and other primary goods.

Disclaimer, I don't work for Westpac  :D
and registered for GST.



Offline robertb

  • Poll Dancer

  • Joined: Apr 2006

  • Location:
  • Drives:
What's the catch?
I can see the banks getting burned on this if things go South.  We all know what happeneds to wholesale values when the market is flooded with cars.
there flush with money its a % risk as always.



Related Topics

  Subject / Started by Replies Last post
4 Replies
5305 Views
Last post Thu, 12 May, 2011 - 19:08
by Ferrari Fissatore
14 Replies
5397 Views
Last post Wed, 25 May, 2011 - 00:35
by jim501
0 Replies
1362 Views
Last post Fri, 02 Sep, 2011 - 08:03
by NM2255
0 Replies
1578 Views
Last post Sat, 01 Mar, 2014 - 15:37
by trev0006
2 Replies
853 Views
Last post Tue, 25 Aug, 2015 - 11:17
by Condor Man


Latest Discussions

BOARD TOPIC MEMBER POSTED
[ McLaren ] McLaren 720S 360c Today at 23:42
[ Cars ] The cool other car photo thread cel Today at 23:40
[ Cars ] Clem Smith's car collection to be auctioned Brenton Today at 21:46
[ Off Topic ] Aussie Politics goober Today at 14:50
[ Italian Cars ] Social Media Suprise!! Joey Today at 13:08
[ Cars ] Amazing Cars For Sale tdc911 Today at 11:28