The investment allowances presented in the 2020/21 Federal Budget are a big incentive for businesses to look at upgrading their vehicles. For van owners, another big driver is the increase in online shopping and resulting increased demand for delivery services due to issues around coronavirus. Many businesses are realising the benefits and the need to handle their deliveries and pick-ups while specialist transport operators realise the need to stay ahead of the competition with efficient, reliable vehicles.
Whatever sector of the economy you operate in, if you need a reliable commercial vehicle, the IVECO Daily van is a multi-award winner that has earned the right to be high on your list of buying choices.
Unloading the Daily
We’ve checked out some of the reasons that make the IVECO Daily Van worth considering. To assist with your comparisons with other vans, first take note that this won International Van of the Year in 2018 and regularly features in the most prestigious vehicle awards programs.
IVECO cover a wide spectrum of the market by offering several models with variations in wheelbase, roof height, GVM, capacity and engines. The Daily is head of its class in several aspects including payload, engine power, volume capacity and intervals between oil changes. All factors that buyers would be considering. Covering off factors such as servicing can be important as these determine the downtime. How often and for how long your van may be unavailable for work while it is undergoing scheduled servicing?
The Daily offers 3 wheelbase options 3000 mm, 3520 mm and 4100 mm and a volume capacity range from 7.3 to 19.6 square metres. The GVM range will be of interest to SMEs as the 3800 kg variant only requires a passenger car licence. But for those that have a truck licence, a higher rating of 7000 kg is available. There are 3 roof heights available so you can fit those larger, trickier to transport items if required.
Engine options are also considerable with choices meeting either Euro 5 or Euro 6 emission standards. The choices are the 2.3 litres 4 cylinder turbodiesel, two options in the 3 litres 4 cylinder turbodiesel which meets Euro 5 and the Euro 6 compliant 3 litres 4 cylinders. 6 speed manual and 8 speed auto transmissions are available.
Safety is covered to a very high standard with 4 airbags, ABS, engine immobiliser, anti-slip regulator, hill holder and several optional extra features. IVECO offers many choices including optional packs to adapt your Daily to specifically suit your business application and your daily demands.
The load area is generous and provides business owners with a blank canvas to set up the cargo space to suit their requirements. Whether it’s delivery of standard cartons and boxes or transporting your specialist equipment to sites.
IVECO has dealers across Australia for you to discuss a deal on the model with the features that best suit your business. To ensure you purchase with a finance deal that also best suits your business, speak with Jade Car Loans about a cheap commercial vehicle finance deal.
We can arrange pre-approved finance so you are in a position to place your order quickly, whether it's for hire purchase cars or other financing options, and have your Daily at work in your operation as quickly as possible. Pre-approved finance offers significant advantages in providing confidence in the knowledge that your loan has been approved, you know what your repayments will be on a certain purchase price and you know you’ve secured finance at our cheap interest rates. No need to be tempted towards dealer finance which may be priced at higher rates or include higher costs.
Capitalising on Investment Allowances
Eligible businesses can capitalise further on their IVECO Daily purchases courtesy of the Federal Government’s current investment allowances. SMEs may be eligible for the Instant Asset Write-Off while larger operators may consider temporary full expensing.
Both these measures allow buyers to realise the tax benefits of deducting the full price of vehicles (up to $150,000 under IAWO) in the financial year of purchase. Normally an asset would be depreciated incrementally at percentages set by the ATO each year over many years.
However, to utilise these measures, your IVECO needs to be financed with the appropriate loan products. Specifically, Chattel Mortgage.
Finance for IVECO Vans
Jade Car Loans provides cost-effective finance for the full range of IVECO Vans with a full range of commercial vehicle finance products – leasing, Chattel Mortgage and CHP. Differing tax treatments are offered in each product with Chattel Mortgage the best suited to IAWO and temporary full expensing.
With Chattel Mortgage, the van appears as an asset on your business balance sheet and therefore can be depreciated by the investment allowance measures. Leasing is an off balance sheet finance facility with the van entered on the lender’s balance sheet. A chat with your accountant is advisable to decide the way to go for your business operation.
Despite differences across finance products, Jade Car Loans ensures all our IVECO Van finance deals include:-
- Jade’s cheap business car loan interest rates
- Fixed elements to assist with your cash flow and planning
- Individually negotiated deals to suit your requirements
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While IVECO gives you the choices to make with your van, Jade covers the finance choices through our large lender panel which includes both banks and non-bank lenders. As a finance lender specialising in the motor vehicle sector, our consultants have the expertise and the connections to source better commercial vehicle finance deals.
For a finance quote on an IVECO Daily Van, contact Jade Car Loans at 1300 000 003 to discuss a quote.
DISCLAIMER: THIS ARTICLE INCLUDES INFORMATION, DATA, SPECS, DETAILS AND MATERIALS SOURCED FROM EXTERNAL SOURCES SUCH AS MANUFACTURERS, SUPPLIERS, GOVERNMENT DEPARTMENTS AND OTHER ORGANISATIONS AND NO LIABILITY IS ACCEPTED FOR ERRORS IN THE REPRESENTATION OR PRESENTATION OF SUCH INFORMATION. THE ARTICLE IS PRESENTED AS GENERAL INFORMATION ONLY AND IS NOT INTENDED AS SPECIFIC FINANCIAL ADVICE FOR INDIVIDUALS AND BUSINESSES. THOSE REQUIRING ADVICE IN REGARD TO THEIR INDIVIDUAL CIRCUMSTANCES ARE DIRECTED TO SEEK INDEPENDENT ADVICE FROM THEIR FINANCIAL ADVISOR OR CONSULTANT.
