Finance & Insurance Options from Bendigo Toyota

Business Vehicle Loan

Toyota Finance offers an extensive range of business vehicle finance from finance-only solutions such as Chattel Mortgages and finance leases to complete finance and maintenance packages such as Complete Lease. Select the one that suits your business needs.

A Business Vehicle Loan is a flexible commercial loan designed for sole traders, partnerships and companies that are looking to finance a vehicle used primarily for business purposes. Yours business owns the vehicle and we take a mortgage over it, so it remains an asset of your business.

A Business Vehicle Loan also provides:

  • A choice of loan terms ranging from 1 - 5 years
  • Financing for vehicles up to 7 years old
  • Finance for both Toyota and non-Toyota vehicles
  • The security of a fixed interest rate for the term of the loan
  • A choice of flexible payment options
  • Daily interest calculations on the outstanding principal balance, so any additional payments you make reduce the total interest payable
  • The option to reduce monthly payments with a balloon payment at the end of the term, freeing up cash flow for your business
  • No GST on monthly payments
  • The ability for GST registered customers to claim part or full Input Tax Credit (ITC) for any GST on the purchase of the vehicle for use in your business.

Minimum term of 12 months.  Vehicle used predominantly for business.

Finance Lease

Finance leases are a popular solution for businesses because they enable you to secure the vehicle of your choice today without a deposit, allowing you to retain your capital for other purposes.

Finance leases provide:

  • An attractive and affordable means of driving a new car every few years
  • A choice of lease terms ranging from 1 - 5 years
  • Fixed payments for the term of the lease
  • No fixed kilometre limits

At the end of your lease period there are a number of options available to you. For example, you may be able to extend the lease for a further agreed term, trade the vehicle in on a new vehicle or make an offer to purchase the vehicle from us.

Novated Lease

A novated lease is similar to a finance lease and is a popular salary packaging tool. It provides employees with the opportunity to include a motor vehicle of their choice as part of their salary package A novated lease is a three way agreement. The employee, as lessee and the employer enter into a novated lease agreement with Toyota Fleet Management as the lessor.

All of the lessee's obligations to pay vehicle lease rentals are transferred ("novated") to the employer. The employer then makes such payments to Toyota Fleet Management on behalf of the employee for the term of the novation - or until employment ceases, should it occur during the lease term. Employees can choose their own vehicle, and have their employer pay the vehicle lease rental from their gross salary, potentially giving them a higher disposable income.

Toyota Fleet Management can also administer post tax employee contributions to minimise fringe benefit tax liability.

Employee benefits:

  • Greater flexibility with the choice of a vehicle.
  • Financing for the vehicle is paid with pre-tax dollars.
  • Employee can make an offer to purchase the vehicle at the end of the novated lease term.
  • Fixed payments for the term of the lease.
  • A choice of lease terms from 1 - 5 years.
  • The vehicle may be leased for 100% private use.
  • More than one vehicle may be leased with employer's consent.

Employer benefits:

  • Removes liability and asset from balance sheet.
  • Reduces administration - one invoice for all novated vehicles.
  • An easy and cost-effective way to add value to an employee's remuneration package.
  • The vehicle stays with the employee, even if they move to a new job.
  • Employer does not have to worry about vehicle sale or disposal at the end of term.
  • Reduces payroll tax and Work Cover expenses (subject to State laws).

Complete Lease

Complete Lease is a managed operating lease facility for small to medium-sized businesses with fleets of up to 20 vehicles, available through certified Complete Lease Toyota dealers.

It is a simple and convenient way of managing a vehicle fleet and ideal for businesses that run 'tool-of-trade' vehicles.

What does it include?

A new vehicle is leased by the business for a specific term and kilometre usage program at a fixed monthly rental, which includes full maintenance, tyre replacement and registration.

What happens at the end of the lease?

At completion of the lease the vehicle is handed back to Toyota Fleet Management with no further obligations, provided the vehicle is returned in accordance with kilometre usage and fair wear and tear conditions and outstanding fuel charges met.

What options can I include?

A Complete Lease also gives you the option of including Toyota Extra Care Roadside Assist, Comprehensive Insurance and a Caltex Fuel StarCard, which provides a fuel discount off the pump price. Fuel costs are billed on a monthly basis.

What are the benefits?

  • Vehicle acquisition by Toyota Fleet Management allows customers to benefit from our Australia wide buying power on all makes and models.
  • 100% funding at a known monthly cost allows for easy budgeting. One consolidated monthly invoice detailing all vehicle expenditure, making GST accounting simpler.
  • No liability or asset is shown on the balance sheet, freeing up capital for other business investments.
  • Maintenance, tyres, registration and other running costs can be built into the rental to provide customers with a known fixed expense for varied terms and kilometres. Therefore customers have no maintenance risk.
  • Low administration and management of vehicles required as we take care of vehicle management, allowing you to focus on core business activities.

*Terms and conditions apply. This advice is general in nature and does not take into account your objectives, financial situation or needs. Before making a decision to purchase any of the insurance products you should consider the appropriateness of the advice taking into account your own objectives, financial situation and needs and  refer to the current PDS for the relevant product available from participating Dealers, via our website at or by calling 137 200. Toyota Insurance is issued by Toyota Finance Australia Limited ABN 48 002 435 181, AFSL and Australian Credit Licence 392536. The insurer is Aioi Nissay Dowa Insurance Company Australia Pty Ltd ABN 11 132 524 282, AFSL 443540 (Adica). For Finance Protection Insurance Adica accepts liability for the benefits for which it is the Insurer. Adica acts under its own Financial Services Licence and under agreement with AIA Australia Limited ABN 79 004 837 861 AFSL 230043 when providing financial services on behalf of AIA Australia Limited concerning life cover. Our warranty insurance policies do not change or take away your rights under the Australian Consumer Law. Your right to claim under our warranty insurance policies for the benefits covered is in addition to other rights and remedies you have under the law in relation to your vehicle. However, you can choose to make a claim under any of our warranty insurance policies even if you have rights under the law. Approved applicants only. Terms and conditions apply. Toyota Finance is a division of Toyota Finance Australia Limited ABN 48 002 435 181, AFSL and Australian Credit Licence 392536.