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
-
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
