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Car Leasing

Car Leasing is described as a transaction whereby the customer (Lessee) gets to use the car without the risk of ownership for a specific period in return for an agreed amount of monthly rental over the fixed period of time. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.

The owner (Lessor) will buy the asset of the lessee’s choice and will lease the asset to the lessee whilst taking care of the services & maintenances besides the yearly insurance and road tax. Car leasing offers advantages to both lessee and lessor. A lessee does not have to worry about the future value of the vehicle, while a vehicle owner does. For a business lessor there are tax advantages to be considered.

The lease can be tailored to meet the requirement of the customers depending on their respective budgets and their choice of vehicles. More importantly, Car Lease is an operating lease and is treated as an off balance sheet item as ownership always lie with the lessor.

Automobile Leasing

Automobile Leasing has multiple advantages to your business:  
  • A reduced initial cash outlay is a primary advantage of leasing.
  • It conserves capital and enhance cash flow.
  • Provide fixed payments for better forecasting of business expenses.
  • It protects the Lessee against the loss in value of the vehicle during disposal.
  • Auto Lease schemes may offer tax benefits and can be charged out as an expense.
  • Auto Lease provides a non-conflicting source of credit, thereby increasing the customer’s borrowing base. It leaves current credit lines open and available for other uses.
  • Auto Lease may enable you to enjoy new vehicle after each lease contract.
  • Auto Lease allows you to make convenient monthly payments that covers almost all aspects of maintaining a vehicle and trouble free.
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FleetPro Sdn. Bhd.

SSM: 1184768-M
place1 Level 30,
Menara MSC Cyberport,
No.5, Jalan Bukit Meldrum,
80300 Johor Bahru.
phone1 +607-268 6118
print1 +607-278 1251