Phone: 1300 723 927

Corporate Hire Purchase (CHP)

A corporate hire purchase is how the majority of businesses lease their vehicles, commonly referred to as a CHP. Businesses and individuals alike opt for a CHP as there are some key benefits related to the structure of a CHP.

Some of the key benefits are: -

•	Potential tax benefits through deprecation and claiming of running expenses and interest paid
•	Choice of owning the vehicle once the CHP term is over
•	Flexibility of choosing the residual payment or having a nil residual at the end of the CHP term

Employees who receive a car allowance tend to select a CHP as their preferred leasing option for the reasons above and also have the luxury of selecting a vehicle suited to the role and their individual taste.

We have a number of CHP options available through a variety of lenders so to find out more about which CHP suits you best just call 1300 723 927 and speak with one of our CHP consultants or Contact Us via this site. Alternatively you can obtain further information on Corporate Hire Purchase from our parent company.

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