General Features

1. A typical finance lease whereby a lease covering only the finance element of the vehicle and where the Lessor (finance company) does not guarantee the residual value.
2. A finance lease is a full-payout, non-cancelable agreement.
3. The term of a finance lease tends to be longer, nearly covering the useful life of the vehicle.
4. The lessee will take the risk of the depreciation (loss of value) over the term.
5. At the beginning of the contract, the monthly lease payment will be calculated by taking the cost of the vehicle plus profit over an agreed period.

1. The down payment amount and payment terms are set according to client needs.
2. Pure and simple finance lease agreement with a flexible rental structure to suit the customer needs, however the Lessee never owns the vehicle.
3. Balloon payments available to reduce monthly payments.

How does it work?

1. Autolease buys the required vehicle and hire it to the customer against pre-determined rental payments for a set period.
2. At the end of the contract period, the customer purchases the vehicle at a pre-agreed amount.
3. The customer has the finance options to pay an upfront deposit or a balloon payment at the end of lease term.