Through the Miles Group, we have the benefit of being able to provide you with a range of competitive automotive leasing options, so that we can source the perfect fit you. We’re all about transparency; ensuring that you leave us with nothing but confidence in the lease plan that we’ve put together for you and your new vehicle.
Our range includes automotive leasing through a wide range of authorised distributor relationships and popular third-party lenders.
Continue reading to find out more.
Most of our dealerships at Miles Group can provide Non Maintained Operating Lease and Fully Maintained Operating Lease packages through our individual marque’s official financial entities, such as Toyota Financial Services for example.
An Operating Lease can best be described as a long-term rental arrangement based on a term and specified kilometre allowance. An Operating Lease also allows you to easily budget your vehicle expenses, and your monthly rentals are fixed over the term of the lease.
Fully Maintained Operating Lease
A Fully Maintained Operating Lease makes forward planning a lot easier for you, as the monthly rentals include:
- scheduled servicing
- annual registrations
- warrants of fitness
- option to include replacement tyres and puncture repairs
Most Operating Lease vehicles come with roadside assistance benefits for peace of mind, usually a 24-hour program that can help you out when you need it most. All servicing is carried out by the marque’s trained technicians using genuine parts where applicable.
Non-Maintained Operating Lease
A Non-Maintained Operating Lease allows you to take care of the service and maintenance costs as and when they occur, rather than having them included in your monthly rental.
Under an Operating Lease the vehicle is treated as an off-balance sheet expense so frees up your working capital. After the lease period is over, the vehicle is returned to us. You then have the option to take out a new lease and upgrade your vehicle to the latest model.
Advance Rental > Monthly Rentals > Return Vehicle
When considering one of the above leasing options, we recommend that you seek independent financial/legal advice based on your individual circumstances.
Further information can be obtained relating to these products along with their relevant fees and charges by visiting our providers terms and conditions at the bottom of this page.
Consumer & Business Lease
For GST Registered Businesses.
The advantage of a Consumer or Business Lease is that it enables you to structure the contract by selecting a term, and you agree to a suitable residual value with us. This allows you to tailor your monthly payments to suit your budget. The residual value risk is carried by you.
Since the payments are fixed and known in advance, you have firm control over your vehicle budget.
After the lease period is over, the vehicle is returned to Miles Continental. You then have the option to take out a new lease and upgrade your vehicle to the latest model.
This flexible leasing plan for business users offers possible tax benefits while improving cash flow.
Advance Rental > Monthly Rentals > End of Term Options
We will tailor a package based on the client’s requirements and budget. Options are available for both private and business purchasers.
A Credit Agreement is one of the simplest and most popular ways for many motorists to finance a new or used vehicle. A Credit Agreement enables you to place a deposit towards the contract, either as cash or by using the equity in your current vehicle as a trade-in. Flexible terms are available including the option to have a balloon amount (larger final payment) built into your contract giving you the ability to tailor the repayments to best suit your budget, as well as your vehicle trading cycle. Make an enquiry here.
Deposit > Monthly Payments > Ownership
Discuss your options today. Speak to our team by submitting an enquiry below.
Please note that when considering any finance option we recommend that you seek independent financial/legal advice. All rates and fees for any associate lenders are available upon request.