Business Vehicle Loan
Tailored to your circumstances, a Business Vehicle Loan provides you with the security of a fixed interest rate for the term of your vehicle loan, and flexible payment options.
Fees
| Fee | Type | Amount |
|---|---|---|
| Account Administration Fee Charged monthly · A monthly fee for the management of your loan account. | Ongoing | $8.00 |
| Early Termination Fee This fee applies if your loan is repaid before its scheduled end date. Customers can find information about this fee on their Loan Schedule. Customers can also request an Early Termination Quote to help them decide whether to terminate early. This fee can be avoided by continuing with scheduled loan repayments until the agreed completion date of the loan. | Exit | Variable |
| Establishment Fee The cost to set-up your approved loan with Lexus Financial Services. 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. | Upfront | $395.00 |
| Information Fee If you request contract documentation by calling the Lexus Financial Services National Customer Solutions Centre. You can view, download, and print your loan documentation online without incurring this fee. Simply log onto LFS Online to check your account details. | Event | $25.00 |
| Late Payment Fee When it applies: If you’re late or miss a repayment, and your account goes into arrears and you are contacted by LFS. Lexus Financial Services will contact you about the overdue amount, and this is mentioned in your loan contract as an Arrears Follow-up Fee. Ensure that your account does not go into arrears. You can also change the date of your payments by calling the National Customer Solution Centre on 1300 888 840 (Monday to Friday, 8:30am – 7:00pm AEST) | Late payment | $25.00 |
Features
- How does it work? A business vehicle loan offers a convenient way for GST registered businesses to finance a vehicle that is used predominantly for business purposes. This business vehicle loan gives you the security of knowing the vehicle is an asset of your business - even while you are paying it off.
- What Are The Benefits? The security of a fixed interest rate A choice of vehicle loan terms, ranging from 1-7 years and flexible payment options By opting to include a final balloon payment, you can reduce monthly payments, freeing up business cash flow Daily interest calculations on the outstanding principal balance, so any additional payments you make reduce the total interest payable
- What Are The Benefits? Extra costs can be included in the amount financed, including on-roads, stamp duty and roadside assistance Opportunities for income tax deductions through depreciation and interest charges
- Digital banking
- Extra repayments
Eligibility
- Minimum age — 18 years
- Business customers
Constraints
- Minimum limit — $5,000.00
- Minimum loan term 12 months
- Maximum loan term 84 months
More Information
Published by Lexus Financial Services under the Consumer Data Right · Last updated 1 July 2026 · Product ID 38