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Operating Lease

Reduce business risk and the administrative burden with an Operating Lease.

An Operating Lease is a good option for those who don’t want to tie up large amounts of capital but want to reduce business risk and the administrative burden.
What is an Operating Lease?

An operating lease is a fixed monthly rental agreement. There is no initial deposit or outlay for your business, and at the end of the lease, you simply return the vehicle to NextFleet with no residual risk to you. You can choose from a Full-Service Operating Lease where the running costs and maintenance of the vehicle are included in the monthly rental, or a Non-Maintained Operating Lease where all running expenses are managed, paid and recharged back to your business monthly.

Fully maintained operating lease

All your vehicle running costs can be included in one monthly cost.

An Operating Lease is a fixed monthly rental consolidating all vehicle costs, where solutions are tailored to your needs. NextFleet retains ownership of the vehicle and carries the residual risk. At the end of the lease, you can return, extend, or purchase the vehicle. The lease can include vehicle servicing and fleet management inclusions such as annual registration renewals, replacement tyres, infringement management, toll management, roadside assistance, accident management and fleet expenditure reporting. It’s your choice, our expertise.

Non-maintained operating lease

All your monthly vehicle running costs charged back to your business.

Under a Non-Maintained Operating Lease, the lease rental covers the leasing of the vehicle only, leaving you the flexibility to manage your operating costs or complement your lease with our broad range of fleet management services – see here

How does it work?

We help you tailor a solution to your overall fleet needs, our team of experts can then help you select a new vehicle or equipment that’s suitable for your business, and support you in the vehicle selection, specification and procurement. We then help you with your financing solution and support you across the entire life of the lease – how much or less depends on your requirements.

Who can apply?

No matter the size of your fleet, whether it’s 2 or 2000 we can support you at any scale. We are asset and manufacturer agnostic and will provide you with the vehicle options that work in your best interest.

What are the benefits?
Support Across the Entire Fleet Lifecycle

We support you across the entire lifecycle of your fleet, from the selecting the vehicle, assist with vehicle compliance and safety, maintenance and repairs, fuel management, toll management, registration and CTP, infringement management, comprehensive insurance, roadside assistance, telematics, fleet reporting, and disposal of the assets.

Tax Efficient

Lease rentals are generally 100% tax-deductible for most businesses.

No Residual Value Risk

NextFleet retains ownership of the vehicle which means we carry the residual risk at the end of the lease term.

Flexibility

Options to extend, purchase or hand the vehicle back at lease end, you choose what works best for your business.

No Capital Outlay

Utilise vital assets without the ownership burden. Financing your fleet frees up critical capital that can be re-invested back into your business. Release cash from existing assets and use elsewhere in the business.

Cashflow and Budgeting Predictability

An outsourced fleet leasing solution enables structured cashflow through a fixed monthly agreement.

Cost Savings Across Your Fleet

A lower whole of life cost through our strategic fleet expertise provides you with cost savings.

Lease Term Flexibility

Flexibility in the length of your lease term, between 12 – 60 months for passenger vehicles, and up to 84 months for light commercial trucks and equipment.

TypeFully Maintained Operating Lease InclusionsNon-Maintained Operating
Lease Inclusions
Fleet Management
Services Inclusions
Vehicle finance
Vehicle maintenanceManaged, paid & recharged
Tyre management and tyre replacementManaged, paid & recharged
Annual registration paymentRegistration paid and recharged
Warranty claims management
Infringements and toll managementManaged, paid & recharged
Fuel card management and reporting (BP, Caltex, Shell)
24-hour roadside assistance
Accident management services
Fleet reporting
Online access to Telematics reporting (where selected)
Dedicated fleet services account manager
Operational and strategic reviews
Contact NextFleet Australia for NextLevel solutions, expertise and partnership.
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