Finance

Unbeatable deals and unbeatable service with competitive financial loans with every new, demo or used vehicle purchase. Car financing is an easy way for you to be driving your new car sooner. Powertorque Finance will help you select the right MG for you.

Personal Vehicle Loan

Putting You In The Driving Seat

When you're looking to purchase a new or used motor vehicle that will be driven predominantly for personal, domestic or household use, a PowerTorque Finance Personal Vehicle Loan is a flexible way to get into the car you want - today!

Features and benefits include:

• The security of a fixed interest rate for the term of the loan
• A choice of loan terms ranging from 1 - 7 years
• Financing for vehicles up to 7 years old
• Finance for both MG and non-MG vehicles
• A choice of flexible payment options
• The ability to make extra repayments, reducing the total interest payable
• The option of a balloon payment at the end of the loan for loans to 60 months max - subject to capacity guidelines.

Business

The Benefit Of Flexibility And Tax Effectiveness

A Business Vehicle Loan is a flexible commercial loan designed for sole traders, partnerships and companies that are looking to finance a vehicle used primarily for business purposes. Your business owns the vehicle and we take a mortgage over it, so it remains an asset of your business.

Features and benefits include:

• The security of a fixed interest rate for the term of the loan
• A choice of loan terms ranging from 1 - 7 years
• Financing for vehicles up to 7 years old
• Finance for both MG and non-MG vehicles
• A choice of flexible payment options
• Daily interest calculations on the outstanding principal balance, so any additional payments you make reduce the total interest payable
• The option to reduce monthly payments with a balloon payment at the end of the term, freeing up cash flow for your business available on loans to 60 months max.
• No GST on monthly payments
• The ability for GST registered customers to claim part or full Input Tax Credit (ITC) for any GST on the purchase of the vehicle for use in your business.