Finance Lease
With a Finance Lease, your company retains all the benefits and risks of ownership, however Interleasing is the legal owner of the vehicle for the term of the lease.
The vehicle remains on your balance sheet and your company enjoy the profit or bear the loss at the end of the lease term from its sales proceeds.
A Finance Lease offers tax and administrative benefits and you still have the option to enjoy many of the benefits offered by Interleasing if you choose to have the vehicle either partly or fully maintained through us.
Features
Tax friendly
- Lease payments are usually tax deductible if the vehicle is used to generate income for the business. In some cases the payments will be 100% tax deductible
Certainty
- Monthly payments are agreed to at the start of the lease term
- Service and Maintenance: A full maintenance and service contract can be built into your Finance Lease. All costs are known at the start of the lease term reducing the risk for your business
- Annual registration & CTP renewals
Cost Savings
- Enjoy a low interest rate on funding
- You get all the benefits of our buying power and strength
Convenience
- We do all the work for you, including finding the right vehicles to suit your business needs
Budget Review 2011
Our Tax Specialists provide their analysis of the key issues
- Flat rate of 20 per cent applied progressively to all new leases over next four years, regardless of kilometres travelled
- No change for leases commenced prior to 7.30pm 10 May 2011
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