Short Lease

What is a short lease?

Short term car lease is just that! It provides all the benefits of long-term car leasing (fully maintained operating lease) without the commitment of a long-term contract. We understand that business needs change and employee requirements can vary, as such a flexible short-term car lease allows you to operate a lean and cost-effective vehicle.

How does a short lease work?

Under a short term car lease there is no long term commitment, simply lease the motor vehicle month to month. You get a wide range of motor vehicles to choose from and all motor vehicles are provided with a maintenance, rego and car insurance package.

Balloons and terms

No balloon or residual, you simply hand the motor vehicle back at any time.

What are the benefits of a flexi car lease?

  • Flexi car lease terms range from 1 to 12 months
  • A tax deduction is available if used for business use
  • Short Lease repayments are fixed for the term
  • No residual risk! just hand back the motor vehicle at any time
  • Unlimited kilometre options
  • Servicing and routine maintenance included
  • Car insurance included
  • You will receive great hands on personalised service from an experienced car leasing consultant
  • Roadside assistance
  • Automatic vehicle replacement when due for renewal
  • Free delivery

Who should consider short lease?

A short term car lease is suitable when you need a vehicle for a short period of time. No need to commit to a 1-5 year term if it's not required, just short term car lease month by month.

What are the tax implications of a short lease?

GST can be claimed back on the monthly lease short term car lease repayment on your next BAS.

If the amount to be financed is below the ATO depreciation limit, $57,123, you are able to claim the full lease rental as a tax deduction. Above the depreciation limit, it's similar to a hire purchase agreement where the interest and depreciation up to the value of the depreciation limit can be claimed. Refer to ATO.

Need further information?

Either complete our friendly enquiry form and we will call you shortly or call 1300 242 885 and talk to an experienced car leasing consultant today.

 

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