A car lease or finance lease is a business product which enables the customer to have the use of a car or commercial vehicle and the benefits of ownership, while the financier retains actual ownership of the vehicle. It can also be known as an asset lease or vehicle lease.
The lease term can vary from 2 to 5 years and at the end of the agreement, the customer can pay a final instalment and own the car. There is also the option of trading the current vehicle for another vehicle and refinance the residual balloon amount and continue leasing. A lease would suit a sole trader, company or partnership and individuals who use the vehicle to generate an income.
Ready to apply? Click the link below to complete the form and one of our finance consultants will contact you to discuss your car lease enquiry.
Our application is fast & easy. We have the systems, technology and consultants for a fast approval.
Hire Purchase loan contracts are flexible and are usually signed for 1 to 5 years term.
0% interest rates offered by dealerships may seem attractive, but beware. Always read through the fine print. When shopping around, compare the monthly repayments, not just the interest rates.
Borrowers can choose to pay a lump sum of the total loan amount borrowed at the end of the loan term. This will reduce your monthly repayments.
All applications with Hello Car Loans are obligation free.
Under a Chattel Mortgage, you can claim the GST from your purchase on your next Business Activity Statement.