Hino Fleet Financing
An operating lease enables customers with 20 or more trucks and buses to outsource vehicle acquisition and disposal, passing the risks of ownership onto HFS. The customer may choose any or all of the Fleet Management Services as part of their monthly payment.
Features and benefits:
- 100% funding at a known monthly cost
- Simplified administration as lease rentals, normally fully tax deductible (except luxury vehicles), are expensed at the same rate in profit and loss account and cash flows
- No liability or asset is shown on the balance sheet
- Maintenance risk is eliminated as tyres, registration and other running costs can be built into the rental to provide the customer with a known fixed expense for varied terms and kilometres
- Fleet servicing and OH&S compliance is managed by qualified mechanics using HFS’ purchasing power on trucks and buses, labour and parts
- Resale risk is eliminated, as vehicle is returned to HFS at the end of lease term with no residual value liability
For further information please contact Newcastle Hino.