A finance lease is a great option for businesses who want the flexibility to choose what becomes of the vehicle at the end of the lease period. Business owners will have the option to upgrade to a later model, extend the lease period, or payout the residual amount and own the vehicle.
There is no minimum or maximum number of vehicles required for a finance lease. This will depend on your business’s financial position.
You can choose a new or used car as long as the vehicle is less that 8 years old at the end of the lease period.
Yes, Fleetcare can source the vehicle on your behalf. Our purchasing power can save you thousands on the vehicle purchase price.
A finance lease can range anywhere between 1 to 5 years. Fleetcare will help you to determine the best term agreement to ensure you maximise the asset warranty and end of term value.
Yes, vehicle accessories and add-ons can be added to the vehicle and bundled into your repayments. Fleetcare can source accessories and add-ons, as well as negotiate the best price with our fleet discounts.
At the end of the finance period you will own the vehicle, once the residual payment is made.
You may also consider:
- Hand the vehicle back to Fleetcare, and upgrade to a later model*
- Refinance the residual amount and extend the lease term
*Any surplus or deficient would be retained or charged to the customer.