Edition 3, 2007 - Stamp Duty Changes, Car Insurance, and Our New Website

Stratton Finance - Finance Focus Newsletter #3 2007 - More Stamp Duty Reductions, Car Insurance, and Our New Website
        
Stratton Car Finance Stratton Finance

Finance Focus #3 2007

More Stamp Duty Changes,
Motor Insurance, and
Our New Website



Welcome to the third edition of Finance FOCUS for 2007.

In this issue: lots of exciting news, including further stamp duty reductions in some parts of Australia, online car insurance, and a look at our expansive new website.


More Stamp Duty Reductions

Earlier this year we reported that stamp duty on Lease and Hire Purchase contracts had been abolished for residents of Victoria, Queensland and Western Australia (see Finance FOCUS #1 2007).

The governments of New South Wales, the ACT and the NT have now followed suit, announcing that from the 1st of July 2007, new and existing Lease and Hire Purchase contracts will no longer attract government stamp duty. This will have the affect of reducing monthly repayments on these types of finance.

For example, say you live in New South Wales and have borrowed $50,000 under a Hire Purchase agreement over 48 months, resulting in a current monthly repayment of $882.14. From 1/7/07, your repayment will go down to $874.92 per month - a saving of $7.22 per month.

This may not sound like a huge saving, but it does add up - using our example above, the $7.22 per month reduction amounts to around $350 over the life of the loan, which is the equivalent of the interest rate being 0.25% lower!

For South Australian residents, you are also getting some stamp duty changes for leases and hire purchases on 1st of July, although it is not being abolished entirely. Instead, the stamp duty rate is being reduced from 0.75% to 0.5%, and only for new lease and hire purchase contracts.

If you have any questions about these changes or how they may affect you, please contact you finance consultant directly or call our customer service line on 1300 STRATTON (1300 787 288).


Online Car Insurance

In partnership with Vero, Stratton Finance are proud to announce the launch of our new online car insurance platform.

Using this system you can get an online quote for comprehensive car insurance in four simple steps, and purchase policies online.

Compare our highly competitive car insurance with your current insurer and see if we can lower your premium - it only takes about 60 seconds.

Get an Online Car Insurance Quote


Explore Our New Website

After almost two years of planning and development, we proudly launched our brand new website on the 1st of June.

Our old website was already the benchmark for our industry, and this new site raises the bar even higher, with a focus on innovative online tools and user-friendliness.

You can explore the site for yourself at , but here is a quick look at some of what's new:

Instant Online Approvals
Another first from Stratton - you can now get an instant online approval for car finance based on a short and simple set of question.

Combined with our unique online quoting system you can now get a quote and be approved in less than five minutes, and have your complete application finished in less than 15 minutes - how convenient is that? Try it now...

Online Insurance Options
As mentioned earlier in this newsletter, you can now get a quote for car insurance and purchase policies online.

These new online options also extend to Home & Contents Insurance and Travel Insurance. Get an online quote now...

More Tools & Better Information
Some of our most popular online calculators and tools - such as the "Which Finance Is Best For You?" calculator - have been updated and expanded.

We've also added an Understanding Car Finance section, which contains articles, tips & tricks, a glossary and more, to help you become more informed about your finance choices.

Lastly, all of our finance information pages have been re-written to make them far simplier and easier to read.

We'll be continually expanding the information, articles and tools on our website over time, so be sure to check back regularly.

More Information About Our Services
Stratton Finance offers a huge range of innovative finance and insurance services, and our new website contains a wealth of information about these.

You can find out more about Property Finance & Home Loans, Plant & Equipment Finance, Boat Finance, Insurance Options and more.

That's only a brief sample of what is new and what has changed, so take a look for yourself at .

If you have any feedback or comments on our new site, please let us know!


Stratton rewards you for your referrals

Stratton Rewards is our new referral and loyalty program, where you can earn points to redeem from over 1,000 rewards.

For more information, or to join now and earn 500 bonus points, visit the Stratton Rewards website.

Stratton Rewards - Find out more & join now!


Feedback

Do you have a comment or suggestion about our newsletter? If so we'd love to hear from you - please send us your feedback and let us know what you think.


GENERAL ADVICE WARNING - We must inform you that the information in this e-mail is general advice only and is not specifically based on your own objectives, financial situation or needs. Before you act on this information, you should read any relevent Product Disclosure Statements and consult with a registered tax agent to ensure that this advice is suitable for you.

Car Finance - online quote & approval

Car Insurance - instant online quote

Home Loans - more information

Stratton Finance Pty Ltd
www.strattonfinance.com.au
1300 STRATTON
(1300 787 288)