Frequently Asked Questions
Some common questions our customers ask about our Operating Lease product
What is an Operating Lease?
An Operating Lease is a popular choice for businesses who don’t want to have to deal with the vehicle, other than its usage. It is an option which allows businesses to fund the vehicle without having to worry about purchase at the beginning and disposal at the end.
What type of vehicles can I lease?
With a lease product, you’re free to decide what suits your fleet requirements, regardless of brand or type of vehicle. From sedans to light commercial vehicles, and from luxury vehicles to buses – the choice is yours.
What is the minimum term?
Our Operating Lease product is typically available with a minimum 24 month term and up to 60 months. With our help, we can assist you in determining what is the most cost effective term based on your requirements.
Is there a minimum quantity of units I need to commit to?
Absolutely not – you’re free to lease as little as a singular vehicle to as many as you require. It purely comes down to your business fleet requirements.
What are my options at the end of the lease?
You simply return the vehicle to Corefleet, no balloon payment necessary. We take care of the vehicle for you so you don’t have to worry. If you wish, you can offer to purchase the vehicle, extend your lease, or lease a new vehicle from us.
Can I have added extras or options (such as mine specifications)?
Corefleet are specialists in providing customised solutions. This includes standard mine spec, safer together spec, exploration spec, service vehicles spec and other specific site requirements. Let us know what you require and we will assist you.
Is servicing, tyres and fuel included?
Corefleet gives you flexibility on including or excluding servicing/maintenance for vehicles. We can also include or exclude tyre and fuel allowance.
What is the difference between leasing through Corefleet as opposed to other leasing companies?
As part of Sime Darby Motors and with our national buying power, we can source vehicles at competitive prices, which translates to potential significant savings to our customers.