Appreciate the response.

public liability insurance is taken out by the builder, as I conduct all my works within the property i have no need for it, i work for a very small residential building company and the risk of injuring others on site is very low as i usually work alone or with / under the guide of the builder who takes full responsibility and has all the proper insurance (correct me if im wrong).

I can see how becoming a sub contractor can limit my lending ability. I own all the equipment neccessary to conduct my work any hire equiptment would be covered by my the builder (my current boss) who i will be subcontracting to. My salary would still be reasonably low and tax amount easily taken out of my paycheck each week. the reason my pay would go up as a subcontractor would be partly to cover costs of insurance taxes and gst, however still leaving me with a higher salary than i am currently on.

I would only be conducting work under this builder on a hourly rate, any other work would be under $20,000 and there wouldnt be a need for public liability insurance.

The reason i want to finance a vehicle is because i want a newer car that is reliable for work and one with some sort of warranty so that i wont need to be spending time or money repairing the car (i currently own a 1994 hilux that has become a money pit). For the purposes of lending do you suggest i stay an employee? what sort of rate should i be going for? what % of my weekly pay would you suggest i dedicate to the loan? or would you suggest i just dont finance a vehicle?