When it comes to the features you look for in a vehicle, what tops your list: engine size, carrying capacity, maybe the bells and whistles in the cabin? What about environmental friendliness?
For many this is a ‘nice to have’ that gets trumped by other considerations, but did you know that going for greener options can help your pocket too? Thanks to an Australian Government initiative administered by the Clean Energy Finance Corporation, businesses can now access a discount on the standard interest rate offered on vehicle finance. Ostensibly set up to reduce Australia’s vehicle emissions, (with transport currently responsible for about 16 per cent of Australia’s greenhouse gas emissions) this initiative will benefit you as the business owner by keeping more money in your pocket.
The discount on offer varies depending on the vehicle but can be up to 0.7% of the standard finance rate, and is determined based on the C02 emissions of the vehicle being financed. You can use this guide to see how environmentally-friendly particular vehicles are, and there’s a comparison tool if you’re having trouble deciding between a few models. In the case of machinery, the criteria include energy consumption savings over your current equipment.
It’s also worth keeping in mind that a more environmentally-friendly vehicle could potentially save you in other ways too, like reduced fuel consumption and increased productivity from improved performance.
As a busy business owner I know you have a lot to think about and this might sound like just one more thing to put in the too hard basket. That’s where Vehicle Select comes in. Vehicle Select is a one-stop service to help you find the best car at the best price, arranging everything from test drives to trade in of your current vehicle. Their team of specialists can provide unbiased advice on the best option to suit your needs, plus they have access to fleet pricing so you get a fantastic deal with the potential for substantial savings off the ticketed price. And the best part? There’s no fee to access this outstanding service. Once you’re pre-approved for finance I’ll introduce you to the Vehicle Select team and they’ll take it from there, supporting you through every step until your new vehicle is delivered.
Whether you’re in the market for a greener vehicle or simply ready to upgrade your car without all the hassle and legwork, give me a call on 0412 534 503 and we’ll find the best option for you.