Fleet Finance Comparison
Find the Perfect Fit for Your Business
We provide flexible fleet finance solutions designed to improvecash flow, support growth, and align with your business goals.
Operating Lease
Fixed monthly costs with minimal risk.
Fully tax-deductible payments.
Optional full-service management.
Keeps debt off the balance sheet.
Finance Lease
Lower monthly repayments.
Tax benefits on interest and depreciation.
Asset recorded on balance sheet.
Option to purchase at lease end.
Chattel Mortgage
Claim full GST upfront.
Immediate asset ownership.
Tax-deductible interest and depreciation.
Ideal for cash-based businesses.
Operating Lease
Minimal Risk. Fixed Budgeting.
A simple rental agreement where the Lessor retains ownership. You pay a fixed monthly fee, which can include full-service costs (maintenance, registration, fuel, tyres, etc.), offering predictable budgeting and minimal risk.
How It Works
A fixed-term, fixed-cost rental arrangement. The Lessor owns the vehicle, and you simply rent it for the agreed term. At the end of the lease, you hand the vehicle back - the Lessor takes on the residual value risk, so you don't have to.
Financial & Tax Benefits
Operating leases are often off-balance sheet, offering low liability impact under certain AASB 16 conditions.
Lease payments: Generally 100% tax-deductible as an operating expense.
GST: Claimed progressively on each monthly payment.
Accounting: Simplifies reporting and budgeting with predictable monthly costs.
Maintenance & Management
Choose a Full-Service Lease and let the Lessor handle everything — from registration, servicing, and tyres to fuel management. This keeps your business running smoothly without the admin burden.
Who It's Best For
Perfect for businesses that want to:
Maintain cash flow flexibility
Enjoy predictable, fixed monthly costs
Keep debt and assets off the balance sheet
Turn over fleets frequently without worrying about resale value
Key Takeaway
An Operating Lease gives you cost control, flexibility, and peace of mind - all while keeping your vehicles up-to-date and your balance sheet light.
Finance Lease
Flexibility with an Option to Own
A rental-style financing method with a mandatory residual value set within ATO guidelines. This structure keeps your monthly payments lower while giving you the option to purchase the vehicle at the end of the term.
How It Works
Under a Finance Lease, the Lessor owns the vehicle during the lease term. Your business (the Lessee) makes regular payments and has the option to buy the vehicle by paying the residual value at the end of the agreement.
You assume the residual risk, meaning your business is responsible for the final value at lease end.
Financial & Tax Benefits
Finance leases are on-balance sheet, meaning the asset and liability are both recorded per AASB 16.
GST: Claimed progressively on each monthly payment.
Tax deductions: You can claim the interest component of the lease and vehicle depreciation as deductible expenses.
Payments: Lower regular repayments help maintain cash flow while preserving long-term ownership flexibility.
Maintenance & Management
Your business (the Lessee) manages all maintenance, registration, and running costs, giving you full control over the asset's condition and performance.
Who It's Best For
Ideal for businesses that:
Want lower monthly payments
Prefer flexibility with the option to own the asset later
Are comfortable managing maintenance and residual risk
Want to build equity in their business assets over time
Key Takeaway
A Finance Lease combines lower payments, ownership potential, and tax advantages - perfect for businesses that want flexibility today and ownership tomorrow.
Chattel Mortgage
Upfront Tax Advantage & Immediate Ownership Ownership
A commercial loan secured by the vehicle (the chattel). Your business takes legal ownership from day one, while the lender holds a mortgage over the vehicle as security.
How It Works
This structure works like a traditional secured business loan. The Lender provides funds to purchase the vehicle, and your business owns it outright. You make regular repayments, and at the end of the term, you may have a balloon payment (residual) to finalise the loan.
You assume full ownership and residual risk, giving you complete control over the asset.
Financial & Tax Benefits
A Chattel Mortgage is recorded on the balance sheet as both an asset and a loan.
GST: Claimed upfront on the full vehicle purchase price (in the next BAS period).
Tax deductions: You can claim interest on the loan and depreciation of the vehicle.
Cash flow advantage: The upfront GST claim provides an immediate cash flow boost, especially for businesses using the Cash Method for BAS.
Maintenance & Management
Your business (the Lessee) manages all maintenance, registration, and running costs, giving you full control over the asset's condition and performance.
Who It's Best For
Ideal for businesses that:
Use the Cash Method for BAS
Want immediate ownership and control of the vehicle
Seek an upfront GST refund and ongoing tax deductions
Prefer to retain full responsibility for maintenance and resale value
Key Takeaway
A Chattel Mortgage gives your business ownership from day one, upfront GST benefits, and long-term asset control - ideal for those wanting both flexibility and financial efficiency.
