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lease2OWN

WHAT IS A LEASE2OWN?

"Business Vehicle Leasing Made Simple" Lease2own is a commercial, business-to-business operating lease agreement. It gives you the freedom to choose the vehicle or equipment your business needs, lease it over a fixed term, and have the option to purchase it at the end. In simple terms, we purchase the asset at your request and lease it to your business for an agreed period. You then have the flexibility to:
  • Purchase the asset
  • Return it, or
  • Upgrade to a new one
How Lease2own Works – In Practice
Lease2own is for approved business users who need a vehicle to run their operations. You can choose from brand new or selected pre-owned vehicles, and we package your operating costs (e.g. registration, insurance, servicing) into simple weekly repayments.
What’s included:
  • Fixed weekly lease payments
  • Mandatory and optional running costs bundled in
  • You’re only responsible for fuel, tolls, and keeping the vehicle in good condition
The Lease2own Advantage:
  • We purchase the asset and lease it to your business
  • You use it during the lease term
  • Your business can usually claim the lease payments up to 100% full tax-deductible.
  • No early exit penalty fee, No risk motoring, No depreciation Loss or No out of pocket!
Tax Benefits for Your Business
If the leased vehicle or equipment is used to generate income, your business may be eligible to claim the lease payments as a tax deduction. Lease2own is not a loan—it does not accrue interest and does not fall under consumer credit law. Unlike traditional car rentals or bank finance, every Lease2own repayment moves you one step closer to owning the asset.
KEY BENEFITS:
  • Lease repayment estimates tailored to your chosen business vehicle or equipment
  • Application assessment based on business activities and serviceability (not consumer lending)
  • Streamlined digital vehicle inspections and market comparisons
  • Streamlined acquisition and trade-in resale support
  • Verified asset certification and compliance
  • Account and fleet management services
  • Risk free motoring and smarter bsuiness fleet growth
Who is eligible?
We aim to make business vehicle access easier and reduce the financial barriers of traditional vehicle ownership. Lease2own offers an alternative path to asset access without these credit-related restrictions, as we focus on business use and serviceability for:
  • Company or Business holder
  • New ABN holders
  • Temporary visa holders with business number
  • Business applicants with minor credit impairments.
Choosing my vehicle?
Yes! as a business you can choose a suitable business vehicle from: A. Pre-selected pre-owned vehiclesB. Your own pre-owned vehicle (subject to approval)C. Brand new vehicle (subject to approval)
Terms & BUYOUT option
Full Lease2own Term Selection: 4.3 years / 225 weeks OR 5.2 years / 269 weeks
At the end of the lease: Option for Final Buyout $1.00 (subject to lessor discretions)
Early Buyout or Upgrade eligibility:Minimum 24-month lease term Options to choose:
  • Buy out the asset early
  • Return and upgrade to a new asset
  • Re-contract a new lease
The final buyout amount may be determined based on the current market value or 46 times the weekly lease payments, whichever is lower, ensuring a fair and equitable calculation for all parties involved. Validity for 21 days, once offered and Not for offset against previous or future lease payments, subject to lessor discretions.
Lease2own summary pdf
Disclaimer or Notice: Drive2go Car Leasing is a commercial vehicle lease provider operating under exemption from the National Consumer Credit Protection Act 2009. All Lease2own agreements are strictly for business use by entities with an active ABN/ACN and are not consumer credit contracts. Drive2go is not required to hold an Australian Credit Licence (ACL).

Lease vs. Auto Loan – Which is Right for You?

Your choice depends on your business needs and financial goals.
Lease2own might be the better fit if:
  • You want to use the asset for a set period
  • You prefer to upgrade vehicles regularly and grow your business fleet
  • You want to avoid depreciation risks or the hassle of replacement and resale
  • You need to preserve your cash flow and avoid large upfront payments
  • You want zero risk business motoring, avoid depreciation loss and out of pocket expenses
  • You want smarter business with maximum tax deductions
Auto Loan might suit you if:
  • You want to own the vehicle or equipment from day one
  • You are comfortable managing depreciation and running costs
  • You can handle selling the asset if exiting the loan early
  • You are prepared for potential ‘out-of-pocket’ costs if the loan balance exceeds the asset’s resale value (Loan-to-Value Ratio)
Disclaimer: The information provided as general in nature and for informational purposes only. It is not legal, tax, or financial advice. Before making any decisions about the products or services mentioned, you should get independent advice from a qualified professional who understands your personal situation.
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