Vehicle Leasing Myths Debunked
Common leasing myths
Vehicle leasing is a great option for many businesses. However, there are still many myths and misconceptions surrounding leasing. Check out our series of videos below where we debunk some of the top vehicle leasing myths and provide you with the information you need to make an informed decision about whether to lease your next business vehicle.
Myth 1: Leasing is more expensive than owning #1
At first glance, leasing can seem more costly, but a deeper look reveals the opposite. When you factor in the impact of depreciation, the costs of managing a fleet, and the risks of tying up capital in owned assets, leasing often proves to be the more financially strategic option.
Myth 2: Leasing is more expensive #2
Leasing offers greater flexibility and cost control. With adjustable terms starting from 24 months and the ability to align contract kilometres with actual use, you can tailor your lease to suit your business needs.
Leased fleets are often newer, which brings key advantages:
- Lower running costs
- Reduced emissions
- Improved safety standards
- Stronger employee retention
- Better brand presentation
You can also match lease terms to your work programme. For example, if you secure a 48-month contract, we can structure the lease to align with it—making budgeting easier and reducing financial risk.
Myth 3: End of lease charges are expensive
End of lease charges are fair and based on normal wear and tear, similar to what you would expect if you owned the vehicle. The difference with leasing is that FleetPartners uses supplier discounts to keep repair costs lower. You also avoid the hassle of sourcing quotes or dealing with extended vehicle downtime—we manage it all for you.
Myth 4: Leasing means losing control of your vehicles
With leasing, you stay in control while gaining expert fleet support that reduces admin and ensures compliance.
Already have a dealer you trust? We work with dealerships across New Zealand and are happy to support your existing relationships.
Myth 5: Leasing is only for large companies
Leasing is a smart option for organisations of all sizes. Whether you are a small business needing a single vehicle or a larger company managing a full fleet, you can benefit from expert support, reduced admin, and competitive pricing. We work with a wide range of businesses across New Zealand, helping each one find the right solution to fit their goals and scale.
Myth 6: Maintenance and repairs are a hassle when you lease
Leasing with FleetPartners means maintenance is taken care of for you. Our qualified maintenance team works closely with trusted suppliers to coordinate all repairs and servicing, ensuring your vehicles remain safe and road-ready. Every supplier interaction is carefully reviewed, and we follow a structured process to track and resolve any overdue maintenance. With our national purchasing power, we also help reduce your overall running costs.
Myth 7: Leased vehicles can't be customised
Leased vehicles can be tailored to suit your business, whether you need simple signwriting or complex fitouts. FleetPartners manages the entire process to ensure your vehicle is compliant and fit for purpose. We can also bundle the costs into your lease, providing a complete solution that is ready to go from day one.
Myth 8: Sale & Leaseback does not deliver long-term value
Unlocking the capital tied up in owned vehicles allows you to invest back into your business, creating opportunities for growth and flexibility. Leasing also gives you cost predictability, helping you avoid unexpected expenses that often come with owning a fleet.
To help you make an informed decision, we offer a detailed cash flow comparison tool, developed by one of New Zealand’s leading accountancy firms. It uses your own financial data to show how leasing could benefit your bottom line.