Ford Transit finance calculator

Chattel mortgage is the most common structure on Transits bought by sole traders and small companies, because the van sits on the business balance sheet and GST on the purchase is typically claimable in the next GST return, subject to the accountant's confirmation. Finance leases and operating leases are widely observed on fleets of three or more vans where off-balance-sheet treatment matters.

GST is typically claimable on the purchase of a Transit Custom where the business is GST-registered and the van is used primarily for taxable business activity, subject to the accountant's confirmation. On a $60,000 ex-GST Custom, that represents around $9,000 in input tax, which is usually recovered in the next GST return. Part-private use reduces the claimable proportion.

On a $48,000 used Custom at 8.5% indicative over five years with no deposit, the weekly repayment sits at roughly $229. A new Custom Limited near $72,000 on the same settings lands at around $343 a week. A chattel mortgage carries the same weekly figure as a standard loan; the GST and deductibility treatment differ. These figures are illustrative only; actual rates are set by the lender.

All three finance through similar commercial-loan products. Hiace commonly carries the tightest indicative rate because NZ resale data is deepest. Sprinter sits slightly wider because the buy-in is higher and servicing is premium. Custom prices between the two on most five-year terms. Buyers who prioritise cargo volume often favour Transit; buyers who prioritise resale often favour Hiace.

Under current NZ accounting practice for small businesses on a cash or simplified basis, a finance lease typically treats payments as an operating expense rather than an asset and liability, subject to the accountant's confirmation. Under NZ IFRS standards applied by larger entities, most leases are brought onto the balance sheet. Treatment depends on the reporting framework.

Yes, the E-Transit is offered through NZ dealers on the same commercial-finance products as the diesel Transit. Some lenders include it in an EV rate band at an indicative discount of 0.25 to 0.75 percentage points below a standard van rate, subject to the lender's assessment. RUC applies from 2024 onward, so running-cost maths differs from the pre-2024 EV window.

Zero-deposit chattel-mortgage structures are widely offered on Transits to GST-registered buyers because the input-tax claim effectively acts as a post-purchase deposit via the first GST return. A 10 to 20% cash deposit further reduces the loan amount and typically improves the indicative rate band. Fleet operators running three or more vans commonly negotiate deposit as part of supply.

Yes, though the structure depends on end-use. A bare Transit bought for a conversion destined for a rental fleet typically finances on a standard chattel mortgage. A converted motorhome registered and used privately commonly moves onto a consumer car loan once conversion is complete. Lender appetite depends on whether the finished vehicle can be valued against the NZ motorhome market.