Operating Lease (Vehicles)

With an Operating Lease you can lease the latest model vehicle or commercial vehicle without the burden of ownership. You pay a fixed monthly payment for the use of the vehicle. 

Product Overview:

  • The lease payments are calculated using the lease term you require, the type of vehicle, and your estimated kilometre usage.
  • You can choose a fully maintained or non marinated lease.
  • At the end of the contract you simply hand back the vehicle.

Benefits

  • Budgeting is easy with established monthly payments for the lease term
  • Preserves existing lines of credit
  • No residual risk or responsibility for vehicle disposal
  • Maintenance costs can be included in lease payments
  • Vehicle does not appear on your balance sheet
  • Lease payments are fully tax deductible (providing the vehicle is used solely for business use)
  • GST can be claimed monthly if you are GST registered

 

Full Maintenance Option

An Operating Lease full maintenance contract covers the following:-

  • Standard Servicing and Maintenance
  • Registration and Warrant of Fitness
  • Annual Relicensing
  • Replacement Tyres (The number of tyre vary depending on the term)
  • Battery Replacement

The application and approval process is quick and easy, have a look at the lending criteria and choose one of these three simple options below.

Operating Lease (Vehicles)