What is an Operating Lease?

An Operating Lease is an off-balance sheet leasing option with the future residual asset risk remaining with the lease company. The product offers competitively priced passenger and light commercial vehicle leases with a choice of maintenance options. Our fleet management experience and industry knowledge means you can make better decisions about your fleet and tailor  terms for your individual drivers.

Budget forecasting is made easy with your rental payments fixed for the full term of the lease. When the lease term expires, you simply return the vehicle to us for disposal. Your business has no residual value exposure.

What type of cars can be leased?

You can lease any type of new or used passenger  or light commercial motor vehicle. We source all the quotes for you on all makes and models.
How long can I take the lease out for?
We consider all the factors that will influence your decision on how long you wish to lease the vehicle. Tailored terms are anywhere between 12-60 months. Choice of vehicle and utilisation are two key factors in determining the term. The optimum can save you money and have you moving into new vehicles more frequently.

Service packages and options

Registration
A vehicle under an operating lease is registered to Easy Auto Leasing. We automatically pay the annual renewal  then forward the registration label onto you.

Scheduled service, maintenance and tyres
You have the option to include all your service and maintenance costs, when these are included, we manage and authorised these through the service providers. This option means all your service and maintenance costs are capped for the term of the lease.
The allowance for tyres is based on the number of kilometres you have nominated to travel and manufacturers’ recommendations.

Roadside Assistance
This service is available 24 hours, 7 days a week directly through the manufacturers roadside assistance program where applicable or RACV. A RACV membership card is provided either at the time of delivery or when the manufacturers’ roadside assistance expires.

Insurance
As part of the terms and conditions of the operating lease, your car must be comprehensively insured at all times. If you wish Easy Auto Leasing could include comprehensive insurance as part of the lease rental (conditions apply, please speak to a PAL Consultant).

Process Overview

1. Select the car you want to lease and contact Easy Auto Leasing for a quote. You will receive your quote within 2 business days.

2. Accept your quote, complete the appropriate forms and send them back to Easy Auto Leasing. We will then conduct a credit assessment.

3. Your car will be ordered within 3 business days of your lease being approved. We will email you with the proposed delivery date and forward any relevant documents to you for completion.

4.  Delivery. Upon delivery, the driver is familiarised with the vehicle and given a Driver Guide with useful information and contact numbers.

5. Keep track.. We will monitor your usage and check to ensure you are tracking according to the term.

6. Service and maintain your car without any hassles (if included in your lease), simply book the vehicle in at a service centre most convenient to you. We will authorise the service centre to proceed with the work required and send us the account for payment.

7. Options at the end of your lease.

• Easy Auto Leasing will contact you prior to the lease expiry to confirm your requirements for your replacement vehicle. We’ll do all the research for you and make any recommendations. We source all the quotes for you.
• When we deliver your new vehicle, you simply return your current vehicle to us.