ISUZU and Hino are backing the Federal Government’s recent announcement of the $2.7 billion tax break and have predicted it will lead to a spike in new truck sales.
According to Hino, the 30% rebate stemming from the $42 billion Nation Building and Jobs Plan, means this is an ideal time to purchase a new truck.
The company adds the rebate presents a golden opportunity to take advantage of the Federal Government’s business assistance measures.
While the break only applies to vehicles which are purchased between December 13 and June 30, smaller businesses can also take advantage of the scheme for any aftermarket accessories.
Isuzu said the plan may also help manufacturers and operators affected by the economic downturn or hesitant about investing in capital equipment.
While the trucking industry has not been hit as hard as the automotive sector, Isuzu said it has noticed a slowdown in sales this year.
Hino Financial Services is currently looking into whether lease customers will also be granted the deduction.
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