An Operating Lease
The
Operating Lease provides a motor vehicle to a user without the user bearing the
risk of ownership.
The owner bears the capital risks and costs associated with the ownership of
each vehicle in return for receiving
from the user a monthly rental payment.
Benefits of a BETTER Rentals & Leasing Operating Lease
Under Accounting Standards the operating lease remains 'off balance sheet' with resulting improvements in balance sheet ratios.
Because the rental is a running cost to you it becomes Tax deductable.
A known fixed cost for the period of the rental which assists in budgeting and cash flow projections.
There is no risk to you on possible resale values as the leasing company owns the vehicles.
A move from ownership to operating lease frees up capital for use in areas which earn higher return for the company.
No more haggling with motor car dealers as BETTER Rentals & leasing handles purchasing, delivery, and disposal.
At BETTER Rentals & leasing we are buying and selling motor vehicles everyday. Because of this you can take advantage of reduced lease rentals.
Benefits of a BETTER Rentals & leasing Fully Maintained Operating LeaseIncluded in this option is the cost of Registration, vehicle maintenance, repair and service (except for damage).
At BETTER Rentals & leasing we are able to pass on the benefit of our purchasing power in servicing and maintenance repairs. Minimum downtime in servicing as we provide a loan vehicle during the service.
At BETTER Rentals & leasing we bear the costs, time and responsibility of the mundane task of registration, insurance and service paperwork. Let us do the work for you.
Under this package we offer Terms of 12 months, 24 months and 36 months.
