A Finance Lease is a commercial finance product, which enables the customer to have the use of a car or commercial vehicle and the benefits of ownership, while the financier retains actual ownership of the vehicle.
How does a Finance Lease work?
The financier purchases the vehicle on behalf of the customer, the financier then leases the vehicle back to the customer, the customer pays a fixed monthly lease rental for the term of the lease. At the end of the lease the customer can either pay a residual value (being the final instalment) on the lease and take ownership of the car, should you choose to own it, otherwise you can trade it and upgrade, or re-finance the residual if you don’t have the funds to buy it and continue the lease.
Auto Link Finance Pty Ltd is a company that “will work for you” from start to finish in order to provide you with the best possible solution. We guarantee the best rates and lowest repayments on the market available to you based on your profile and credit history, and you can feel comfortable knowing that you are dealing with an expert in the field of finance with over 27 years’ experience in the finance industry. Regardless of whether you have had good or bad credit, we can help you with commercial financing.