Options at the end of your contract

To get end of contract information about your Macquarie car loan, first check your account number. It’s important to check your account number as the information can be different depending on the type of account you hold.

• If your car loan account number has 13 digits (XXX-XXXXXXX-XXX), follow these steps. You’ll find your account number in your welcome letter, any statement you may have received, or by logging into YourLease.
• If your car loan account number has 9 digits (XXXXXXXXX), follow these steps. You’ll find your account number in your welcome email, any statement you may have received, or by logging into Macquarie Online Banking. 

If you have a balloon or residual value due at the end of your contract, you can finalise this amount by paying out or refinancing.

What is a balloon or residual value?

A balloon amount is a lump sum payment that is due at the end of a loan term. It is typically used to reduce the repayments throughout the contract. To check your balloon amount, please refer to your contract documents or login to YourLease.

A residual value is a lump sum payment that is due at the end of a lease term and is required to own the vehicle outright. The Australian Tax Office (ATO) sets minimum residual values. To check your residual value, please refer to your contract documents or speak with your salary packaging company.

If you’re experiencing financial difficulty and need support with your balloon or residual value at the end of your contract, please contact our Financial Assistance team on 1300 364 050 or email financialassistance@macquarie.com so we can discuss how we may be able to assist you.

If you have a balloon due at the end of your contract, you can finalise this amount by paying out or refinancing.

What is a balloon?

A balloon amount is a lump sum payment that is due at the end of a loan term. It is typically used to reduce the repayments throughout the contract. To check your balloon amount, please check your contract documents or log in to Macquarie Online Banking.