OPERATING LEASE
What is an Operating Lease?
An Operating Lease is a long-term vehicle rental arrangement. Under an Operating Lease, the vehicle is rented for a fixed term and kilometre limit. Terms range from 1-5 years.
An Operating Lease allows you to combine the vehicle running costs such as registration, insurance, tyres, schedule servicing and maintenance into one convenient monthly payment. It’s also 100% tax deductible!
How does it work?
Choose the vehicle that’s best for your business, decide on the lease term and nominate how many kilometres you’re likely to travel each year. At the end of the term simply hand the vehicle back. There’s also an option to purchase car too.
Our process delivers exceptional customer service
From initial enquiry through to lease termination, our 5 star process makes managing your Operating Lease simple and hassle free.
The benefits of an Operating Lease
An Operating Lease gives you full use of the vehicle without having to shoulder the depreciation or maintenance risks. It’s a fixed monthly payment which is easy to budget. Tax benefits can be gained from this type of lease as the monthly rental is tax-deductible where the cars are used to generate taxable income. Lease simple and hassle free.
Any further questions on an Operating Lease? Contact us here.
Hot Novated deals this month!
We’ve always got new and used cars at great prices. If you have something in mind, or want us to help find you the perfect vehicle, get in touch and we’ll walk you through your options.
*T&C’s: Indicative calculations based on a Novated Lease over a 3 year term with 47% balloon. Annual employee salary is based on $150k with an estimated 12,850 km pa. Inclusions: service, maintenance, tyres, rego, roadside, insurance, management & fuel (if required). Vehicle prices are subject to change but calculations are accurate as at 27/08/24.
