Personal Automotive Australia PAA Home
Finance Lease

A Finance agreement over 2-5 years where the asset is owned by the finance company and the lessee has use of the vehicle for a stated period of time in return for a series of payments to the funder. At the end of the term the funder gives the lessee the option to purchase the asset for a final payment (residual value, value set as per ATO guidelines). Monthly payments may be tax deductible if business use is applicable as per ATO guidelines.

 

Back to Finance & Insurance

 
(buttons) PA Services Fleet Management Vehicle Sales Financial Insurance