Frequently asked questions

What is a Finance Lease?

It is a commercial finance product that allows the customer to have the use of a passenger or commercial vehicle, while the financier retains actual ownership of the vehicle.

The financier buys the vehicle on behalf of the customer, who then leases the vehicle from the financier and pays a fixed monthly lease rental for the term of the lease.

At the end of the lease the customer can either pay a residual value on the lease and assume ownership of the vehicle, re-finance the residual or trade in and purchase another vehicle.

About Finance Leases