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An Operating Lease is suitable for all GST registered businesses, including not for profits - it provides the use of the vehicle for an agreed period, at an agreed amount of kms, with a range of services included.

A key benefit is that the client doesn’t own the vehicle.

The client therefore has no risk on disposal / used car values (this risk is underwritten by the leasing company) as the vehicle is simply returned at the end of the contract – providing a valuable safety net.

Working capital remains within the business, giving a better return on investment

This provides a valuable budgeting tool – so no nasty surprises!

If circumstances change, the contract can usually be revised at no cost to reflect a different km allowance.

A typical contract would be for say 3 years, and include –

  • Maintenance
  • Servicing
  • Tyres, Batteries, Exhausts
  • Fuel card (no actual fuel, simply as a convenience, a budgeting tool)
  • Roadside Assist
  • Rego / CTP for the whole term
  • Accident Management
  • Toll Management
  • Can include Comprehensive Insurance at extra cost