Leasing Options

Kooya provide flexible and easy to manage vehicle leasing solutions for your business. The types of leasing options available are Operating lease & Finance lease – both leases are for different purposes and satisfy different business needs.

An operating lease with Kooya is the most popular method of 

financing a fleet of vehicles because:

• Its frees up cash flow
• No asset recorded on balance sheet
• Reduces administration resources
• Allows you to return the vehicle at the end of the agreed lease
• Simple monthly repayments

A Kooya Operating Lease can be for 1 to 7 years. They can either be fully maintained or non-maintained and are custom designed depending on your requirements. A fully maintained lease will include the scheduled servicing requirements along with general maintenance, repairs, tyres, batteries and windscreens.

A Finance Lease with Kooya allows you to purchase the vehicles you require now without having to pay the total value up front. The cost of the vehicle(s) is spread out across the term of the agreed lease. A Finance lease is similar to the Operating Lease, where monthly repayments are made, but the main difference is at the end of the finance lease your business has the option to purchase the vehicle or extend the term of the lease.

The benefits of a Finance Lease with Kooya are:

• Conserve business capital – option to finance 100% of the lease
• Fixed monthly payments
• Flexibility of lease term 1-5 years
• Tax benefits – payments may be income tax deductible and GST may be recouped
• New or used vehicle options
• Finance as a complete package – insurance, warranties, accessories, on-road costs all included
• Options to extend / upgrade / or purchase at the end of the lease

Other types of leasing options that are also available from Kooya are:

Novated Lease  |  TRAC  Lease  | Salary Sacrifice or packaging