Advance Car Loans

An Operating Lease is an off balance sheet Car Leasing option with the future residual asset risk remaining with the vehicle leasing company.

• Accident and Claims Management service reduces the operating costs associated with motor vehicle repairs
• Free vehicle pick up and delivery throughout Australia
• Superior quality repairs. Quotes assessed by independent assessors
• Full guarantee of all repair work
• Reduced repair times
• Assistance with completion and checking of claim forms
• Assistance in processing claims with insurers

In the event of an early termination of your fully maintained operating lease a "Rental Adjustment" is required. This adjustment is simply a re-calculation to reflect the shorter car lease term.

If your vehicle reaches its kilometre limit before the term of the contract expires, you may retain it via an excess kilometre arrangement. This would allow you to keep the vehicle for up to a maximum of 20,000km over the limit that was initially agreed upon. Excess kilometre rates are calculated on the basis of a fixed rate per kilometre and are dependent on the lease kilometre limit and type of vehicle. Should there be a larger variance in kilometres travelled, the lease company will recommend a lease variance. However, if your vehicle only exceeds the agreed kilometre limit by up to 5,000km, there will be no charge. We will provide a 5,000km excess kilometre charge buffer on all vehicles leased.

As a Car Leasing company is the owner of the vehicle it must be returned upon completion of the lease term in an acceptable condition. This means, that the vehicle must be in good condition inside and out, in sound mechanical order throughout with regard to distance travelled and age of the vehicle.

• Bodywork - dents and impact damage, including kerbing damage to wheels and trim, and roof rack damage to roof and gutters
• Sub-standard accident repairs during the contract term (not arranged via our Accident and Claim Management plan)
• Interior tears, rips, cuts, cigarette burns and irremovable stains
• Equipment - disfiguring marks resulting from the removal of fitted accessories
• Mechanical - mechanical damage which is due to driver neglect or abuse. Missing items such as the spare wheel, tools, etc

• Superficial scratches to paintwork
• Typical stone chipping to front and lower sides of the vehicle
• Stone chipping to headlight glass and indicator lenses (unless either is broken)
• Stone chipping to windscreen unless cracking is already evident
• Superficial scratches and scuffs to bumper and plastic door strips
• Minor paint blemishes provided the vehicle has otherwise been well cared for

The Car Lease package includes the cost of initial registration and subsequent renewals for the period of the lease. We will complete the necessary forms and sends renewal labels to individual drivers, care of your nominated officer. The registration renewal cost (including CTP if applicable) is built into the Car Lease rental at current cost, therefore any statutory increase on future renewals will be billed back to your monthly statement.

Fully maintained operating lease rentals include full vehicle maintenance, which is carried out through the Leasing providers extensive national network.

• All manufacturer scheduled services
• non-scheduled repairs (e.g. brakes, battery replacement, all mechanical drive train and automatic transmission repairs, electrical faults, exhausts and mufflers, wheel alignments etc.) notwithstanding driver abuse
• A nominated number of replacement tyres determined by the number of kilometres to be travelled (note: replacement tyres must be acquired through the leasing company’s nominated national suppliers)

For the driver, organising scheduled vehicle services and having additional maintenance work done is easy. Each new vehicle is delivered with the leasing company’s Drivers' Guide, which contains information on the service and maintenance procedures and accident management. All maintenance and repairs are authorised by our Service controllers.

Drivers experiencing vehicle problems that cannot be readily resolved during a scheduled service will be assisted by our Service Controllers..

As a result of legislative requirements, unresolved camera-detected infringements or parking fines can place our entire fleet (not just your own) in jeopardy of being de registered. We will be pro-active in forwarding camera-detected infringement notices to our clients. It should be noted that: In some states, camera detected infringements demand the provision of a Statutory Declaration nominating the driver of the vehicle. As we are unable to swear such a statement, it is our practice to refer the Issuing Authority to the client involved. Upon receipt of parking fines, payment must be made by the driver. However, in the event of final demand, payment will be made by the leasing company and billed back to your company statement with an administration charge.

Standard management/statutory reports are available through the leasing company.

• Schedule of Future Vehicle Terminations
• Future Rental Commitment Report. FBT Reports for Taxation purposes
• Vehicle Analysis Reports, which provide comprehensive information on each vehicle in the fleet
• Fuel Management and analysis by fleet, driver and cost centre

You will receive an invoice each month for reconciliation purposes. Through a Direct Debit facility, we debit your nominated account 20 days after the due date of the invoice/statement.

The leasing company takes the hassle out of disposing of your leased vehicle at the end of the term. Simply return it to the leasing company in good condition and we handle the rest.