Advance Car Loans offers a variety of car finance possibilities. One option is an operating lease.
Businesses can take on an operating lease and lease vehicles off the balance sheet, without assuming responsibility for the future residual asset risk. The operating lease service offers passenger and light commercial vehicle leases and can be tailored to suit individual requirements.
People most likely to benefit from operating leases are those who use their cars predominantly for business purposes: over 50% of the time. Operating leases offer fixed rental payments for the full term of the lease, which can last between 24 and 60 months. No money needs to be paid upfront to purchase vehicles or dispose of them. With the exception of luxury cars, most operating lease rentals are completely tax deductable. GST is also claimable.