Finance

CMI Hino offers our customers financing expertise through Hino Financial Services and CMI Hino Finance

At CMI Hino, our business development team will develop a strategy that is right for you and your business, as well as arrange affordable insurance and extended warranty options for your vehicle.
For more information about CMI Hino finance and insurance, simply enquire at your CMI Hino dealership or contact the CMI Hino Business Managers:

The Hino Financial Services Range includes:

Hino Term/Hire Purchase


This represents the ideal choice if you seek to own your Hino vehicle at the end of the repayment term. Specifically, ownership of the vehicle passes to you upon your final installment payment. Benefits of this option include:

• Interest rates are fixed for the term
• Depreciation allowances may be claimed.
• Structure to preserve your business capital whilst paying off the vehicle from generated income.
• Terms are negotiable within a range of 1 to 7 years (and 1 to 5 years on used trucks and buses).
• Vehicle is shown as an asset on the .

Hino Finance Lease

This finance choice is a vehicle lease agreement with lease payments generally being fully tax deductible. It allows you to select the truck or bus of your choice, as if you were the owner. This option requires you to take care of servicing, maintenance, registration and insurance. Benefits of the Finance Lease include:

• Lease payments are made in advanceSecurity of fixed payments and implicit interest rates.
• Preserves working capital – so funds can be invested in other parts of the business.
• Terms are negotiable within a range of 1 to 7 years (and 1 to 5 years on used trucks and buses).
• You simply return the vehicle at the end of the lease and pay for any shortfall resulting form the sale of the vehicle and a preset residual value. You may make an offer to purchase the vehicle at the end of the lease.
• At the end of your lease period there are a number of options available to you. For example, you may be able to extend the lease for a further agreed term, trade the vehicle in on a new vehicle or make an offer to purchase the vehicle from us at Hino Financial Services.

Hino Business Vehicles Loan


This is a flexible and tax effective means of financing trucks and buses for business purposes. Under this option, your business owns the vehicle and Hino Financial Services takes a mortgage over the vehicle, so it remains an asset of your business. Benefits of this option include:

• Flexible payment structure.
• Terms are negotiable within a range of 1 to 7 years (and 1 to 5 years on used trucks and buses).
• No GST is payable on monthly repayments.
• Interest rates are fixed for the term of the loan.
• Daily interest calculations on the outstanding principal balance – means additional repayments will reduce the loan period and total interest payable.

Hino Master Facilities

A full suite of funding options including Operating Lease, Finance Lease, Term Purchase (Commercial Hire Purchase), Novated Lease and Recharge Fleet Management are all covered by one Master Fleet Facility Agreement. This agreement allows you to choose a facility (s) to best suit your specific business requirements. This particularly suits large fleets with a regular turnover in vehicles. Benefits include:

• Convenience and simplicity- no separate applications.
• Payments can be structured to suit your business’s needs.

* Customers should obtain professional independent advice from their accountant or financial adviser.