Driveline Explain How Leasing Works

With several decades of experience in the finance and vehicle industry for several decades, Driveline are often asked to explain the intricacies of leasing. How does it work and why is it an attractive proposition?

Simply put, leasing is a car finance tool that allows the cost of the vehicle to be paid for by the business as a 100% tax-deductible expense.

Most businesses are attracted to leasing because it alleviates pressure on their cash flow, they don’t have to stump up for a deposit and the asset is not on the books.

The other attractive factor is the discounted price of the vehicle. As a Tier 1 lease company Driveline enjoy the highest discounts available in the industry. These are the type of discounts they don’t shout about; the type of discounts you won’t see advertised on TV.

Depending on the make and model, Driveline often find that applying their discount on a new vehicle actually makes it more affordable than buying a late model one. Crazy but true!

Driveline are lease specialists and it’s their job to make sure their clients get a great deal which is why they usually quote across multiple vehicles and multiple lease / finance structures which provides a range of options to compare, including for short term car lease. 

The Driveline team are based at 7A/65 Paul Matthews Rd, North Harbour and cover the length and breadth of New Zealand. Contact them on 0800 275 374 or visit http://www.driveline.co.nz for more information.