Asset Loan commonly referred to as a Chattel Mortgage, is available for individuals, sole traders, partnerships and companies where ownership of the vehicle at the start of the finance agreement is important. This finance product differs from an Asset-Hire Purchase and Finance Lease in that vehicle ownership is provided for at the start of the finance agreement, in exchange for security to be taken over the vehicle. Upon completion of the finance agreement and following final payment, security over the vehicle is released.

This type of finance product is a rental agreement offering fixed payments with the addition of a residual value payable at the expiry of the finance contract. This finance product offers immediate use of the vehicle without a substantial outlay. At the end of the Finance Lease you can make an offer to purchase, re-lease, or upgrade to a brand new vehicle – the choice is yours.

Your vehicle is leased to you for an agreed period. The monthly rental is calculated based on the total kilometres you wish to cover and the length of your lease agreement. To provide peace of mind you can also include a Freightliner Service Plan into your Operating Lease agreement, giving you the benefit of an all in one fixed monthly payment. With low initial outlay, maintenance cover and being able to hand back the vehicle at the end of the agreement, this funding option provides a hassle-free solution to running your vehicle

The benefits of truck ownership without the outlay

All finance products offered are subject to conditions and standard credit assessment criteria. You should contact an authorised dealer for further details.