Our Services
Finance Lease
With a Fleetcare finance lease, clients receive 100% funding with tax deductible repayments. The finance lease is still the most popular form of vehicle funding for business in Australia. Unlike an operating lease it is on-balance sheet and this may impact some businesses.
At the end of the term you make a final payment and the car is yours, however the finance company may elect to retain the vehicle. This however, is rare but should be considered when negotiating the residual.
A finance lease allows businesses to take a residual position on the vehicle for the end of the term, providing it is within the Australian Taxation Office guidelines. This allows you to set repayments to cash flow requirements and potentially reap the benefit from the vehicle selling at a higher price than the residual.
Properly managed, a finance lease can provide business a lower cost option to operating lease.
A finance lease offers the option of:
- No deposit
- Monthly repayments from nominated accounts
- Tailored repayments to suit cashflow
- Full maintenance and management agreements
- The possibility of tax deductible repayments. (In order to qualify for these, the vehicle must be used solely for business purposes in generating tax assessable income.)
- Typically the vehicle is yours to keep at the end of the term after making the final payment
Service Availability
Total Fleet Management Novated Leasing