Business Operating Lease | Car Loans Finance | Australia
A Business Operating Lease is a highly flexible lease arrangement which can include vehicle maintenance.
It is important to understand that with an operating lease, the financier retains ownership of the vehicle both during and after the completion of the lease.
The vehicle will generally be returned at the end of the lease term or in some cases can be purchased for an agreed amount.
Lease payments are treated as a business operating expense and under current tax laws do not appear on balance sheets.
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