A Finance Lease or Car Lease is a commercial finance product. This is a form of rental agreement under which you lease an asset for an agreed period and rental. A residual value is set upfront to reflect the asset’s value at the end of the term. This facility is designed for companies, partnerships, sole traders and individuals where the leased vehicle is used for income producing purposes.

Product Benefits:

• Flexible contract terms ranging from 24-60 months (2-5 years)
• Residual Value is applied to a lease, thereby lowering monthly repayments
• As the GST contained in the cars purchase price is claimed back by the financier, only the vehicle’s price exclusive of GST is financed, thereby lowering monthly repayments.
• Lump sum up front payments available for tax deduction.
• Tax deductions are available where customer is registered for GST, they claim some or all of the GST contained in the lease rental and residual value as an input credit on their next BAS.

To proceed with your car loan or if you require a car loan quote, simply fill out our enquiry form or call us on 1300 104 107, and one of our qualified finance consultants will contact you to complete your application.