What's leasing all about Leasing is really
just another form of borrowing to finance a car. But unlike loan
finance - where you take ownership of the car and offer it or something
else as security to the lender – lease finance sees a leasing company
take ownership and give you the use of the car under contract for a
specified period.
Lease contracts Upon signing your
lease contract you agree to make regular monthly lease payments, keep
appropriate insurance, pay any vehicle taxes or fees, and take good
care of the vehicle. Further, you agree that you'll keep the car
for a specified period - typically two to five years - and you're
expected to stick it out to the end of the lease contract.
At
the end of the lease period, there is often an option to purchase your
vehicle at a specified price. Or you may be able to use the car as a
trade-in on a new car.
Otherwise, the leasing company will
expect the vehicle to be returned with no more than normal wear and
tear. You may have to pay them for any damage or extra mileage over and
above a contract-specified limit.
Lease or buy? Leasing
may involve lower monthly payments than a car loan but this is often
because you are only paying off a portion of the vehicle’s value,
leaving a ‘residual’ amount at end of the lease period. And at lease
end, you will not own the car.
Leasing is often promoted as a
cheaper way to finance a car because of the tax advantages it can bring
for the self-employed or those who take out a novated lease through
their employer. This is not necessarily the case and really depends on
how much mileage will be clocked up overall, what proportion is for
work purposes, and what tax rate you are on.
Please fill in the
quote form if you require Finance for home loans, Mortgage refinance or
Leasing. Also we provide no doc leasing. Mortgage broking and finance
broking and leasing are avaialable Australia wide, including QLD, NSW,
VIC, NT, SA, TAS and WA. Queensland Mortgage broking and finance or
leasing, Victoria Mortgage broking and finance or leasing, New South
Wales Mortgage broking and finance or leasing, Western Australia
Mortgage broking and finance or leasing, South Australia Mortgage
broking and finance or leasing, Northern Teritory Mortgage broking and
finance or leasing, Tasmainia Mortgage broking and finance or leasing.
Also major cities in Australia services are provided by internet
conection and We have Clients in Cairns for Mortgage broking and
finance or leasing, Bundaberg for Mortgage broking and finance or
leasing, Cairns for Mortgage broking and finance or leasing, Brisbane
for Mortgage broking and finance or leasing, Sydney for Mortgage
broking and finance or leasing, Melbourne for Mortgage broking and
finance or leasing, Adelaide for Mortgage broking and finance or
leasing, Perth for Mortgage broking and finance or leasing, Darwin for
Mortgage broking and finance or leasing, Makay for Mortgage broking and
finance or leasing, Townsville for Mortgage broking and finance or
leasing, Rockhampton for Mortgage broking and finance or leasing,
Bargagra for Mortgage broking and finance or leasing.
