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Offline 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.



Online 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.



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