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Fully Maintained Operating Lease Finance
Under a Fully Maintained Operating Lease, the client rents the equipment from the lessor or financier along with bundling the running costs of the equipment into the monthly payment.
At the end of the term, the client hands the equipment back or can purchase the goods at fair market value.
Fully Maintained Operating Lease Finance

Overview of a Fully Maintained Operating Lease for Truck Finance
A Fully Maintained Operating Lease provides a comprehensive and hassle-free solution for acquiring new heavy vehicles. Under this agreement, the client rents the equipment from the financier, but with a key difference: all of the major running costs of the equipment are bundled into a single, predictable monthly payment. This simplifies your business's expenses, turning a collection of variable costs into one easy-to-manage figure.
This structure is ideal for businesses that demand both financial and operational certainty. By covering items like scheduled servicing, tyres, and general maintenance, it protects you from unexpected costs and potential downtime. This allows for simple, effective budgeting and ensures your fleet remains in peak condition without the administrative burden of managing multiple service providers and invoices.
At the end of the lease term, the client has complete flexibility. You can simply hand the equipment back to the financier and upgrade to a newer model, or you can choose to purchase the goods. The purchase price is typically based on the vehicle’s fair market value at the time, providing you with a straightforward option for continued ownership if you choose to keep the asset.

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Features of a Fully Maintained Operating Lease Facility
- Term of a lease can range from 12 months to 84 months
- Client adds the running costs of the equipment into the monthly rental – ie fuel, servicing, registration and roadside assistance
- Customer hands the equipment back at the end of the term
- Client has the option of purchasing the asset from the financier at the end of the term based on the fair market value of the goods.
- 100% of the cost of the asset is financed
- Full monthly payment is claimed as a tax deduction on profit and loss statement
- Financier claims the gst on the purchase price as an input tax credit
Tax Advantages
Benefits of a Full Maintained Operating Lease Facility
- By adding running costs of the equipment to the monthly payment, client can easily budget for ongoing expenses as both the monthly payment and operating costs are the same every month
- No asset risk held by the customer as they hand the goods back at the end of the term
- A Fully Maintained Operating Lease for truck finance allows a client the ability to upgrade trucks on a regular basis in the event large kilometres have been travelled over the life of the truck
- Reduced tax paid to the ATO as the full payment is claimed as a tax deduction
- Fully Maintained Operating Leases are treated as off balance sheet lending which improves the balance sheet position of the business

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Start Now and complete our Quick Assessment Form to obtain a Pre-Approval up to $500K – decision within a few seconds.
Alternatively, you can call one of our Finance Consultants to discuss your funding scenario.
Example Breakdown
Example Funding Scenario
- Purchase Price of 5 new Tilt Tray Trucks – $1,500,000 (gst inc)
- Finance Type – Fully Maintained Operating Lease
- Loan Amount – $1,363,636.36 (client borrows the ex gst amount)
- Term – 60 months
- Residual – NIL
- Payments – monthly in advance
Outcome
- Running costs of the tilt tray trucks were included in the monthly rental – ie fuel (a driver received a Caltex fuel card) servicing, tyre replacement, registration and roadside assistance
- As client was a fleet operator, they could easily budget for expenses going forward in order to tender for a new contract. They had fixed costs on both monthly payments for the trucks and the running costs which meant that could accurately project net profit for 5 new trucks
- Client did not need to payout a residual at the end of the term and would look to upgrade to 5 new tilt tray trucks
- Client was happy with the Fully Maintained Operating Lease Structure as the facility for this big purchase did not appear on their balance sheet
Customer Reviews
Our customers say it best. Find out what it's like dealing with the Experts in Truck Finance. You could be the next success story.
Nathan you are fantastic to deal with. Always prompt with deals never a hiccup. After 8 truck deals will never use another broker. Keep up the great work you make my life stress free.
TH
Tracey Hall
Scone Equine Transport Pty Ltd
I have been dealing Heavy Vehicle Finance since 2014 and have found them be nothing short of amazing.They have funded various trucks and trailers for me over the years and its a fantastic feeling to know that I still have the same account manager after all of these years of business.It is very good to know that a finance approval is only a phone call away.
CW
Colin Wallace
Palanquin Pty Ltd
I have used the team at Heavy Vehicle Finance twice now for our financing needs for prime movers and side tippers. A Great team to work with and very prompt and professional. We will use again in the future.
JC
James Coustley
JJC Civil
I have used Nathan and his team for multiple purchases for our earthmoving company and Nathan has gone above and beyond to help us with expanding our business. I couldn’t recommend Nathan more highly.
SW
Sam Wood
Sureflo Plumbing & Roofing Contractors Pty Ltd
We used Heavy Vehicle Finance for the purchase of our Truck. They went above and beyond for us and made sure that the process was as stress-free as possible. The entire interaction was nothing short of amazing. We will definitely be using them again in the future.
MM
Meagan McNicholl
Next Gen Transport Pty Ltd
Can’t thank Nathan enough for how fast and professional he was with organising my finance for my new truck. He was straight to the point with no stuffing around. Highly recommended
TH
Tim Hartas
Hartrax Contracting Pty Ltd
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Why Us?
Unlock the Benefits of Heavy Vehicle Finance for Your Fully Maintained Operating Lease
- Heavy Vehicle Finance backed by 20 Years Industry Experience. Heavy Vehicle Finance that will work for you.
- Quick, Easy and Obligation Free. Heavy Vehicle Finance Pre-Approvals up $500K.
- We deal with Owner Drivers and Fleet Operators Australia Wide. We will help you save thousands on your next Heavy Vehicle Loan.
- We're trusted across the Transport Industry as a leading provider of Heavy Vehicle Finance. Our applicants receive funding options tailored to their business needs, delivered efficiently by experts who understand Heavy Vehicle Industry.
- Typically No Financials are required for loans up to $500K and our unconditional approvals take only 24 hours.
- Our flexible policy matrix will give you greater access to capital—so you can secure the Heavy Vehicle and Heavy Equipment you need to grow your business faster and with more confidence.
- Our customers are assigned a dedicated Relationship Manager to help guide them through the process from start to finish.

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