Read what real customers say about the Ausloans car loan experience then continue below to learn the best way to secure car lease finance for your dream business vehicle. Our team are experts in auto finance and are here to help you get the best deal possible.
Are you considering leasing a vehicle for your business Avoid the runaround and get real rate car leasing offers from multiple lenders in minutes. At Ausloans we do more than compare lender rates, we use your credit profile to instantly match you with real lenders, from our extensive commercial lender panel. These are lenders with real offers keen to finance your dream car lease.
Leasing a car is much easier than you think.. Here's how car leasing works. Once you find the car you want, we will find you the best rate car lease lender for your profile. The lender will then purchases the vehicle on your behalf, and then lease it back to you at an agreed, fixed monthly rate for term of the lease. When the lease finishes you can either purchase the car by paying the residual left owing on the car or alternatively enter a new lease agreement or trade up.
Car leasing is best suited to people who use their vehicle for business purposes more than 50% of the time. Ideal for sole traders, ABN holders and salaried workers looking to offset their taxable income, car leasing provides an alternative to a chattel mortgage and may offer you some tax benefits as lease payments are usually tax deductible on vehicles used for business.
Our simple, paperless application makes it easy for you to apply online. It only takes a few minutes.
Don't wait days to get an answer. With Ausloans personalised customer service, we can tell you if you qualify within minutes of accepting our call.
Our industry-leading car loan technology matches your unique profile to the best pre-qualified lender rates from 40+ lenders in minutes.
Receive best rate car lease finance offers from multiple lenders and choose the fixed cost repayment plan that best suits you.
Car leasing is a great way to offset your tax bill as lease repayments are often tax-deductible.
With our advanced technology and diverse lender panel getting you the best car lease deal fast has never been easier
With our automated finance software ZINK, we match you with a lender and get you the best rate for your circumstances
Get approved and drive away!
Here are 4 tips to help you secure the finance you need.
When you apply for a car lease lenders conduct thorough credit checks across multiple databases and transaction records. Establish credibility and good character by being honest with your answers. To assist you lenders need to know your history and unexpected suprises can damage your chances of success.
One of the key requirements for car lease qualification is lease serviceability. To lease a car you will need to provide evidence of your income.
For businesses this means you will need to provide an ABN and a minimum of 6 months of BAS statements.
For employees looking to secure a novated lease you will first need agreement from your employer. If your employer is happy to set up a salary sacrifice arrangement you will still need to demonstrate capacity to pay the lease. Evidence required will include payslips and bank statements.
Your banking conduct is important. Try to avoid draining your bank account of all available funds on paydays. Lenders like to see that you have some savings, even if small.
A deposit is not required for obtaining a car lease.
Popular Questions and Answers
Leasing a car is like renting. It's a simple contract where you agree to rent the vehicle for a specified amount of time at a fixed monthly rental fee. With leasing you don't own the vehicle so can't sell it or modify it in any way, even if it is for business purposes. Also there may be restrictions on the amount of Km you can drive in any given year.
Buying a car involves paying for the vehicle outright. The easiest way to do this is to apply for a car loan As you own the vehicle you are free to You are then free to use the vehicle as you wish, as well as sell it
Car leases generally have lease terms of between 2 and 5 years. Different lenders offer different terms based on customer profiles. At Ausloans we have over 40 lenders and can find you a lease agreement term to suit your needs and budget.
Just like applying for a car loan, when applying for a car lease you will need to provide and confirm your contact details, address, business ABN or employment details and a breakdown of your regular expenses.
For businesses you will be required to submit your BAS statements to demonstrate you have the business income and cashflow to service the lease agreement.
A deposit is not required to obtain a car lease. However some lenders may require you to pay a few months of lease payments in advance at the start of the agreement.
The simple answer is yes. Low-doc car leasing options are available for new businesses with limited tax records or BAS statements.
When you lease a car you don't actually own it. The lender owns the car and will pay the GST on the purchase price of the vehicle. This is one of the advantages of leasing.
As GST is not added to the cost of the vehicle lease your monthly car lease payments are calculated on the price of the vehicle minus the GST. This helps reduce the monthly lease payments in comparison to a traditional car loan
Leasing a new car is fast becoming a popular option for businesses and salaried employees looking to finance a work vehicle but it’s not for everyone. Before deciding on a car lease option check out the pros and cons of car leasing in Australia.