Why is it that cars depreciate by so much so quickly and cost so much to run?

Making big business fleet leasing solutions available to small business is the goal of Prahran based vehicle leasing company SupaNova.

SupaNova have introduced fully maintained operating lease’s to Australia’s small to medium sized business market, and by doing so are helping small business’s to save money on vehicle running costs, administration and to protect them against loss on vehicle resale.

An operating lease is where a new or used vehicle is rented for a term and kilometre limit at a fixed monthly rental.

At the end of the term the vehicle is simply handed back to SupaNova and if required replaced.

All vehicle operating costs such as maintenance, re-registration, tyres, and insurance are included in the one fixed monthly rental.

"It just doesn’t make sense to take the risk on vehicle resale value’s any more. With new car affordability at an all time high, used car prices have crashed and business’s may have to tip in thousands of dollars to pay out existing finance contracts. Operating leases offer small business the protection they need" said Mr Tony Gale National Manager of SupaNova Leasing