Whether you’re a business looking for company vehicles, you’ve started a new job and received a company vehicle allowance or simply want hassle-free ownership, we’d love to catch up and help you see why leasing a vehicle may be the best option for you. As the single largest collection of automotive brands in New Zealand, we have on offer an array of lease options in association with our trusted partners.
Most of our dealerships at Miles Group can provide Non-Maintained Operating Lease and Fully Maintained Operating Lease packages through our individual marques’ official financial entities.
An Operating Lease can 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.
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.
For GST Registered Businesses only.
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. 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.
We will tailor a package based on your 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.
Volkswagen Finance
Finance through Volkswagen Finance and European Financial Services is subject to lending criteria, terms, conditions, and fees. Follow the below links for details or speak to our in-house team for full details and advice.
Heartland Bank Car Finance
Finance through Heartland Bank is subject to lending criteria, terms, conditions, and fees. Follow the below links for details or speak to our in-house team for full details and advice.
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