What do I need to apply?
Before applying for a business vehicle loan, there are several documents you need as well as some identification. We have a checklist you can print to make sure you have the documents you need before you apply.
Fees that will apply
Establishment Fee - $395
The cost to set-up your approved loan with Toyota Finance. It is payable upon loan settlement, and can be included within the amount financed.
This is referred to in your contract as your Loan Account Establishment Fee.
Vehicle Security Registration Fee - $6
The cost of registering Toyota Finance’s security interest in your vehicle on the Australian Government’s Personal Property Securities Register.
Account Administration Fee - $8/month
A monthly fee for the management of your loan account.
Dealership fees
On-charged Dealer Agency Fee - $890 +GST
This fee covers the dealership’s cost of preparing your finance application on Toyota Finance’s behalf.
The Toyota Finance & Insurance Manager within the dealership is responsible for explaining the different types of finance products to you, and arranging all the necessary paperwork to submit, manage and finalise your finance application.
Frequently Asked Questions
Who is eligible for a commercial loan?
If you are an individual, partnership or company who uses your vehicle predominately (more than 50%) for business purposes, you are eligible for a commercial loan.
What vehicles are eligible?
All Toyota vehicles are eligible to be financed under a commercial loan. You may also be able to finance various accessories and options with your Toyota to meet your business needs.
