Fleet Hire

operating

Operating Leases

Allow us to take care of your vehicle needs – sourcing, maintenance, registration – so you can concentrate on your business!

We offer Operating Leases (including fully maintained options) which allow you to lease a vehicle for a fixed amount of time (from a month to several years). At the end of this period, you return the vehicle to us with no residual value liability (i.e. you owe nothing more in terms of residual values or FBT for the company at the end of the lease).

We take control of vehicle sourcing, acquiring, disposing and we assume ownership risks.

You tell us your vehicle requirements. Then we source, supply and maintain. We take the hassle and financial burden of vehicle ownership from you or your organisation.

For more information, click here.

The benefits of an Operating Lease include:

  • Maintenance, registration, tyres and other ongoing running costs can be included in the lease.
  • Use of the latest vehicles.
  • Highly flexible – easy upgrades and add-ons at any time with an easy contract amendment.
  • Monthly payments are usually 100% tax deductible with business use.
  • No residual risk obligation.
  • Operating lease payments are treated as an operating expense so do not appear as a financial liability on the balance sheet.
  • Operating lease payments are calculated on GST exclusive prices, then have GST added which can be claimed as an Input Tax Credit.

Plus many more! (Discuss with your Financial Advisor to confirm financial benefits of operating leases).