Guaranteed Buyback Leases for Not-for-Profits
Fixed vehicle costs and no resale risk for your organisation
Not-for-profit organisations need reliable vehicles, but every dollar has to go further. PAR Leasing’s fully maintained guaranteed buyback lease gives you newer, safer vehicles for one fixed monthly cost, with the end-of-term value guaranteed up front. Your organisation never has to sell a vehicle or worry about what it is worth.
Organisations that trust PAR Leasing with fully maintained leases include CoHealth, Greyhound Racing Victoria and Harness Racing Victoria.
How a guaranteed buyback lease works
- Choose your vehicles. We help you pick the right cars, people movers, utes or vans for your work, sourced through the Alan Mance Motors group.
- Agree the term and kilometres. We set a term and kilometre allowance that suit how the vehicle will be used.
- Pay one fixed monthly amount. Servicing, tyres, registration and other running costs are included.
- Hand the vehicle back. At the end of the term the vehicle’s buyback value is already guaranteed, so you simply return it. No selling, no resale risk and no residual to find.
Why not-for-profits choose guaranteed buyback leasing
- Budget certainty: fixed monthly costs make grant and board budgeting simple.
- No large capital outlay: keep your funds for your services, not tied up in vehicles.
- No resale risk: the buyback value is guaranteed, whatever happens to used car prices.
- Less admin: we organise servicing, tyres and registration so your staff can focus on their work.
- Safer vehicles: replace vehicles regularly so staff and clients travel in modern, safe cars.
- A partner who understands not-for-profits: we have supported community, health and sporting organisations for more than 30 years.
Electric and hybrid vehicles
Many not-for-profits are moving to electric and hybrid vehicles to cut running costs and emissions. Eligible electric cars provided to staff can also be exempt from fringe benefits tax. See electric company car leasing.
Not-for-profit vehicle leasing by sector
- Schools
- NDIS and disability service providers
- Community health and aged care services
- Sporting and racing organisations
- Not-for-profits in NSW, ACT and Queensland
- Novated leasing for not-for-profit staff
Frequently asked questions
What is a guaranteed buyback lease?
It is a fully maintained lease where the vehicle’s value at the end of the term is agreed and guaranteed at the start. Your organisation pays a fixed monthly amount and returns the vehicle at the end, with no resale risk.
Which organisations can use guaranteed buyback leasing?
We work with charities, community health services, schools, NDIS and disability service providers, sporting bodies and other not-for-profit organisations.
What vehicles can we lease?
Cars, SUVs, people movers, utes and vans, including hybrid and electric models, sourced through the Alan Mance Motors group.
What if we travel more kilometres than expected?
We set the kilometre allowance with you at the start and review it during the lease, so we can adjust before it becomes a problem.
Do you work outside Victoria?
Yes. We work with not-for-profit organisations in Victoria and along the east coast, including NSW, the ACT and Queensland.
This is general information only and does not take your circumstances into account. Tax rules can change, so please speak to your accountant or tax adviser before making a decision.
Talk to PAR Leasing
Call us on (03) 8387 1200, email davidb@parleasing.com.au or send us a message for a free, no-obligation quote. PAR Leasing is the fleet division of Alan Mance Motors, based at 237-241 Geelong Road, Footscray, and works with organisations across Victoria and the east coast of Australia.
