Leasing a vehicle with a Fleet Network Consumer Lease is a flexible way to obtain a new vehicle with little or no capital outlay.
With this type of lease arrangement the Lessor agrees to lease the vehicle of your choice to you for a prescribed amount each month. During the term of the lease you are responsible for the maintenance and running costs of the vehicle. At the end of the lease agreement you may purchase the vehicle for the residual value.
Benefits
- Your rental cost and the interest rate is fixed for the term of the lease
- You have full access to the vehicle and control the running and maintenance costs
- Terms range from 12 to 60 months
- Residuals are set according to the Australian Tax Office minimum residual value guidelines
- Payments can be made via Direct Debit or BPAY
- With fixed rentals you are protected against interest rate fluctuations
- testing for reversion
General
- The loan limit to be between $5,000 - $150,000
- The vehicle to be no more that 9 years old at the end of the lease