1300 Car Lease

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Adelaide

Call 1300 Car Lease for all your car leasing requirements. 1300 Car Lease provides information and cheap interest rates on all car leasing products for all clients in Adelaide.

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Agreement of sale

Also known as a sales / purchase agreement or contract of sale; this agreement basically states that the seller (eg. car dealer) is selling the new car or used car and that the buyer is purchasing the vehicle under a specified set of terms. Both parties would then sign the contract.

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Amortization

Calculates the car lease payment which includes interest on the outstanding balance for a car lease over a fixed term or period.

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APR or Annual percentage rate

A standard method of calculating how much the car lease will cost over the full term or period. The APR reflects the total charge for credit and is different to a flat rate.

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Auction

Also called a public sale; a publicly held sale at which used cars are sold to the highest bidder. Some well known car auction companies in Australia are Pickels Auction, Shannons Auctions and Grays online.

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Australia

Call 1300 Car Lease for all your car leasing requirements. 1300 Car Lease provides information and cheap interest rates for all clients in Australia.

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Bank

Banks in Australia include, ANZ, Westpac, St George, Bankwest, CBA, Citibank, Macquarie Bank. Call 1300 Car Lease for all your car leasing requirements. 1300 Car Lease provides information and cheaper interest rates for all clients. We're beat all bank rates!

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Bike lease

A rental agreement for a bike, motorcycle, motorbike. Receive a taxation saving for your current or next motorcycle purchase, call 1300 Car Lease today.

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Balloon payment

Also known as a residual payment. A payment due at the end of a car lease in the form of a lump sum payment. Balloon payments reduce the monthly car lease payment to make the monthly car lease rental cheaper and more affordable.

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Base price - New Car

RRP price of a new car, does not include rego, stamp, transfer or dealer delivery charges for the new car purchase. FBT is calculated using the base price (Capital Value).

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Brisbane

Call 1300 Car Lease for all your car leasing requirements. 1300 Car Lease provides information and cheap interest rates on all car leasing products for all clients in Brisbane.

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Broker - New Car

A company (Aussie Car Brokers) or individual that may assist a client in negotiating a price for a new car. They can receive a discount on a new car in the form of a new car discount, general or national fleet discount.

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Business days

The period of time during a given work week that a business considers itself open. National holidays and weekends are not usually considered business days.

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Business use

Business use is required for an individual to do a business car lease. The vehicle must be predominatly used for business use (ie, over 50%) to do the following car lease's = finance lease, commercial hire purchase and chattel mortgage.

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Car broker

A company (Aussie Car Brokers) or individual that may assist a client in negotiating a price for a new car. They can receive a discount on a new car in the form of a new car discount, general or national fleet discount.

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Car buying service

Refer to car broker

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Car dealer

A business thats sells new cars and used cars. They are licenced through the department of fair trading and are normally a member of the MTA.

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Car finance

A car loan for a new car or used car. The loan is usually paid back to the finance provider over a fixed period or term.

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Car lease

Examples of car leasing are commercial hire purchase, chattel mortgage, finance lease, novated lease, operating lease, flexi lease. Call 1300 Car Lease to find out more information and to obtain the best rates in Australia.

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