Financing with CMV Truck & Bus

At CMV Truck & Bus, we offer our customers financing expertise through CMV Truck & Bus Finance.

We know what drives your business; our in-house team will develop a strategy that is right for you, and streamline the truck-buying process through facilitating the process under one roof. We can also offer and arrange affordable insurance and extended warranty options for your vehicle.

The CMV Truck & Bus Finance product range includes:

Chattel Mortgage

This is a flexible and tax effective means of financing trucks and buses for business purposes. Under this option, your business owns the vehicle and CMV Truck & Bus Finance takes a mortgage over the vehicle, so it remains an asset of your business.

Benefits of this option include:

  • Flexible payment structure
  • Terms are negotiable within a range of 1 to 7 years (1 to 5 years on used trucks)
  • No GST is payable on monthly repayments
  • Interest rates are fixed for the term of the loan
  • Daily interest calculations on the outstanding principal balance - means additional repayments will reduce the loan period and total interest payable
  • Term/Hire Purchase

This represents the ideal choice if you seek to own your vehicle at the end of the repayment term. Specifically, ownership of the vehicle passes to you upon your final instalment payment.

Benefits of this option include:

  • Interest rates are fixed for the term
  • Depreciation allowances may be claimed
  • Structure to preserve your business capital whilst paying off the vehicle from generated income
  • Terms are negotiable within a range of 1 to 7 years (1 to 5 years on used trucks)
  • Vehicle is shown as an asset on the balance sheet
  • Master Fleet Facility Agreement

A full suite of funding options including Operating Lease, Finance Lease and Term Purchase (Commercial Hire Purchase) are all covered by one Master Fleet Facility Agreement. This agreement allows you to choose a facility/s to best suit your specific business requirements. This particularly suits large fleets with a regular turnover in vehicles.

Benefits include:

  • Convenience and simplicity - no separate applications
  • Payments can be structured to suit your business’s needs


Finance enquiry

When you're ready to purchase your new or used truck or bus, please complete the enquiry form or speak with our knowledgeable CMV Truck & Bus Finance team: