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Business Cars
Welcome to Business Use — the smart and simple way to manage your work vehicle or fleet.
No more tracking receipts or missing tax claims. We help you maximise your BAS period returns, with one monthly payment that covers all vehicle expenses.
Just drive your car and use our expense card for running costs. At the end of each BAS quarter, we’ll send you a clear report showing your total expenses and how much you can claim — putting more cash back in your account.
Business Use Cars & Calculator
Enter your vehicle price (new or used), average annual earnings, finance term, deposit (not required) and final balloon (not required), or click on one of the specific vehicle specials.
If you’re happy with the numbers and want a detailed quote or need to know more, we’re always here to help.
Click on the button below to book a session with one of our specialists at a time that suits you.
Calculator Terms of Use
To provide an accurate estimate of your potential tax savings, we rely on the income information you provide. The Australian Taxation Office (ATO) requires that this be a “reasonable” or “best” estimate based on the information available to you at the time. Estimates should not be based on guesses or intentional understatements, as doing so may lead to incorrect results and potential compliance issues.
Evidence for Claims:
You must retain appropriate documentation to support any claims made in relation to tax deductions or business use. This includes: Proof of ownership (e.g., for vehicles or assets), Logbooks showing business and personal travel distances, Receipts for any expenses claimed.
How Long to Keep Records:
All relevant records (including logbooks, receipts, and loan or lease agreements) must be kept for a minimum of five years from the date your tax return is lodged. Some situations, such as asset disposals, may require records to be kept for longer.
Accuracy and Compliance:
You are expected to provide accurate estimates for business use and expenses. Overstating business use or claiming private expenses as business-related can lead to penalties, such as: General Interest Charge (GIC), Shortfall Interest Charge (SIC).
This document is provided as a general estimate only.
It includes:
- Estimated vehicle running costs based on the make and model provided.
- Projected income tax savings based on the income estimate you’ve supplied.
This estimate does not create any legally binding obligations for either party. We recommend discussing this estimate with your accountant or tax advisor before making any financial decisions.
Frequently Asked Questions
Here are some common questions Australians have about Business Use Vehicles and the finance component called a Chattel Mortgage:
This is one of the most common questions, and the answer depends on several factors, including your business structure and how you use the vehicle. Generally, you can claim a deduction for expenses related to the business use of your vehicle.
This can include:
- Running costs: Fuel, oil, repairs, servicing, registration, and insurance.
- Capital costs: Depreciation (decline in value) of the vehicle.
- Interest on a car finance payments.
It is crucial to differentiate between business and private use. You can only claim the portion of expenses related to business use. Our calculator assumes you are using this vehicle wholly and predominantly for business use and the private use is minor and infrequent.
A chattel mortgage example is a business car loan, which provides certain tax benefits for these specific types of loans. In contrast to a standard car loan, under which possession of the vehicle is not generally conferred on you until all repayments are made, instead, your lender holds security over it.
That said, chattel mortgages are usually a business-ready product (designed for commercial use), allowing GST-registered businesses to reclaim the GST credits on the purchase price and enjoy interest deductions.
We take the vehicle driveaway price and term of the finance, factor in any deposit or balloon payment you would like to include and calculate the finance payment. We then add an estimate of all the vehicle running costs, including fuel/charge, tyres, scheduled services, registration and insurance renewals. This gives us a total vehicle cost over the tax year, by applying ATO tax deductions for the running costs, depreciation and interest, as well as deductions for GST, we provide you with the average cost of that vehicle after tax.
Most lenders offer extra repayments, which can help reduce the term of your loan and the overall interest to be paid. Yet, to avoid any additional contract break costs, don’t hesitate to get in touch with us or the financier for a current payout letter.
For business vehicles, the interest paid each month is tax-deductible, as well as depreciation on the vehicle value each year.
Ready to Get Started?
Bring the business and savings into sharper focus. Enquire now for expert guidance designed around your needs.
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