One of the benefits of buying a new BYD is access to BYD Financial Services – a range of financial solutions designed to make your purchase experience convenient and suited to your life.
BYD Financial Services unlocks personalised pricing and an interest rate tailored to your individual circumstances, fixed for the duration of your loan.
Speak to your local dealer to learn how BYD Financial Services can support your new vehicle purchase.
The Benefits of BYD Financial Services
Seamless Experience
Talk to our subject matter experts in store. Save time and organise your finance at the time of purchase.
Digital First
Apply for and sign your documentation electronically. It's the quick, hassle-free and secure way to organise your finance.
Personalised
Our subject matter experts will help you create a loan structure that suits your personal circumstances.
Consumer Loan1
A consumer loan is a typical secured loan and is available for new and used vehicles being purchased for personal use.
Once eligibility is determined, customers with loan terms up to 5 years can also opt for a balloon payment at the end of the loan.
There is no deposit requirement and repayments and interest rates are fixed during the term of the loan, providing certainty for you over the life of the loan.
Repayments can be paid fortnightly or monthly, allowing you flexibility to manage your payment schedule.
Key components of a consumer loan include:
- Personal use
- Competitive interest rate, fixed for the life of the loan
- Fixed monthly or fortnightly repayments
- Loan terms of 2 – 7 years
- No deposit requirement
- Optional balloon for loan terms up to 5 years to reduce your repayments, although you will have to pay a balloon amount at the end of the loan.
Business Loan1
A Chattel Mortgage (Business Loan) is available to ABN Holders, provided the vehicle you are purchasing is primarily for business use.
Once eligibility is determined, customers with loan terms up to 5 years can also opt for a balloon payment at the end of the loan.
There is no deposit requirement and monthly repayments and interest rates are fixed during the term of the loan, providing certainty for your business' cash flow.
Key components of a chattel mortgage include:
- Predominantly for business purposes
- Competitive interest rate, fixed for the life of the loan
- Fixed monthly repayments
- Loan terms of 2 – 7 years
- No deposit requirement
- Optional balloon for loan terms up to 5 years to reduce your repayments, although you will have to pay a balloon amount at the end of the loan.
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Credit criteria, fees, charges and terms and conditions apply. Approved applicants only.
The information provided on this website is general in nature and for information only. Nothing on this website constitutes or should be considered to constitute legal, taxation or financial advice. Before making a decision about any of the products and services featured on this website, you should consult with your own independent legal, taxation and financial advisors, who can advise you about your personal circumstances.
Finance is provided by Allied Retail Finance Pty Ltd trading as BYD Financial Services ABN 31 609 859 985 Australian credit licence 483211.
