Finance Lease

Finance Lease Benefits From Toyota Fleet Management

A Finance Lease transfers the risk of ownership to the customer without transferring legal ownership. Toyota Fleet Management provides a fixed interest rate for terms between 12 and 84 months. Residual values are set by the Australian Tax Office and have a minimum and maximum for each lease term, customers can specify their actual residual value within this range.

At the end of the finance lease, the customer may choose to extend the lease for an additional term or Toyota Fleet Management may accept an offer from a customer to pay out the lease and enter into a new lease agreement on another vehicle.

The many benefits include:

100% financing at a known monthly cost
Amount financed is GST exclusive
No capital outlay required
Fixed repayments
Fixed interest rates
Lease rentals - normally fully tax deductible - are treated as lease amortisation and interest
Residual risk remains with the lessee

Different vehicles benefit from different finance - let Toyota Fleet Management advise you regarding the best fit for your business to reduce your costs, save time, and free up your valuable resources.