An Operating Lease removes asset ownership and depreciation risks. The running costs are fixed, helping take the guesswork out of business expense planning. You pay a single regular payment to lease a fully maintained and insured vehicle. At the end of the lease, the vehicle is simply returned — you have the option to upgrade to a new vehicle and begin a new lease.
- Fully maintained and insured.
- Your choice of vehicle.
- Option to regularly upgrade vehicles.
- No capital outlay required.
- GST can be claimed on lease payments.
- Flexible contract terms (from 24 – 60 months).
- Fully tax deductible, up to depreciation limit.
- “Off the books” asset.