Services

P.A.R Leasing has been providing Fleet Leasing and Management Services to a variety of Companies and Government Departments for 30 years and is uniquely situated within the Fleet Leasing and Management Industry.

The P.A.R Leasing philosophy is to achieve excellence within the fleet industry, establish a unique service culture and build long-term customer relationships. The company’s strength is derived from skilled and motivated professionals, who combine fleet management and extensive industry knowledge with financial expertise to ensure that clients have access to innovative products and excellent service at all times.

At PAR Leasing we are proud of our achievements. The most accurate measure of our success is that an extremely large part of our business is repeat business. This, we believe is recognition of the importance we place on maintaining the highest standards of professionalism and customer service.

Financial Services
Each product has particular features that may be attractive to your particular set of circumstances. P.A.R Leasing can assist customers to make the right choice by analyzing issues such as residual value risk, balance sheet gearing and working capital, taxation and employee benefits.

• Operating Lease
  Under this arrangement, the risks and rewards of ownership are born by P.A.R. Leasing.

The main features / advantages of a fully maintained operating lease are:

• Off balance sheet funding
• Client bears no residual or maintenance risk. The vehicle is simply returned to P.A.R at the end of the lease term. No additional maintenance costs are incurred by clients.
• Allows access to PAR Leasing buying power to ensure maximum discounts are passed on to customers.
• P.A.R. Leasing offers extremely competitive excess kilometer and fair wear and tear buffers.

• Finance Lease and Fully Maintained Finance Lease.
  Finance leases may be structured with a residual payment due at the end of the lease. PAR Leasing can also incorporate all vehicle running costs within this type of lease.
  
  
• Sale and Lease back – A cash injection to your core business.
  The sale of a company’s fleet and its subsequent lease back from P.A.R Leasing is a popular way to move assets off balance sheet and at the same time, release capital funds. It also has the added benefit of reducing administrative resources and providing for more accurate budgeting in terms of future cash flows and expenditure.


• Novated Lease
  A novated lease, being an agreement between the Employee, the Employer and P.A.R Leasing, is a mechanism where the employer bears the costs of the lease until it’s termination or when the employment of the employee terminates.
  These leases enable employees to build equity into their vehicles.
  Novated leases options include: fully maintained finance lease, fully maintained operating lease, finance lease or operating lease.
  Redundancy insurance and GAP insurance are available by PAR Leasing if so required.