Frequently asked questions

What are the benefits of a Finance Lease?

Benefits include:

  • Lease payments are normally tax deductible
  • Flexible contract terms ranging from 36 to 60 months (three to five years)
  • Fixed interest rate
  • Fixed monthly lease rentals make for easy budgeting
  • As the GST on the car's purchase price is claimed by the financier, only the vehicle's GST exclusive price is financed, thereby lowering monthly payments
  • Ability to make advance lease payments for tax deduction or cash-flow purpose.
  • GST is payable and then claimable on the lease rentals.
  • All leases must have a residual (balloon payment), lowering monthly payments
About Finance Leases