
Operating Lease (Vehicles)
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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.
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