A variable deposit with monthly payments over a period of your choice

You can elect to have regular monthly payments and you can choose a balloon (residual) payment at the loan period end or a nil balance with outright ownership.

Tax benefits apply for full or part-business use.

Volvo Finance's Loan Purchase is a very flexible product offering deposit, term and balloon (residual) variations to meet your specific needs. It is one of our most popular products as it can be used to fund most of the Volvo range of motor vehicles in a very efficient and tax effective manner.

the key advantages are:

• You can nominate a deposit amount or not have a deposit. This allows you and your Volvo Business Manager to tailor your monthly payments to meet your individual circumstances.
• You can also choose to have a balloon payment (residual) at the end of the loan or by having a zero balloon (nil balance) you own the vehicle outright. This flexibility provides for you the opportunity to determine the repayment plan which suits you best.
• Terms can be structured monthly for periods from 12 months to 60 months. interest payments made in respect of motor vehicles used wholly for income producing purpose are made from pre-tax income and not after-tax profits. However, when a motor vehicle is not used wholly for the purpose of producing assessable income, only a part deduction will be available.
• Depreciation on income producing equipment, such as motor vehicles, is tax deductible. computer direct debiting of your monthly payment can also be arranged by Volvo Finance which saves you time and money.

When choosing a finance or leasing option, it is very important to accurately determine the future value of the vehicle (i.e. the residual) according to your anticipated vehicle usage (kilometres travelled per year). This, in turn, will affect your monthly rentals.

Your Business Manager via the Volvo Finance computer model can determine which finance product best meets your requirements.