ORIX Operating Leases provide a flexible solution for company fleet needs – big or small, while freeing up valuable capital better spent elsewhere in your business. 

ORIX breaks away from traditional lease term to deliver the most flexible and innovative solution to the NZ market. Its innovation comes from giving out customers the choice. 

First you select your vehicle, then you pick the services you want ORIX to manage and those you are happy to manage yourself. 

Lastly, for each ORIX managed service, you choose whether to 'include' the costs of the service in the monthly rental or have them 'on-charged' if, and when, transactions occur. This gives you the complete flexibility to build the lease - your way. 

  • All Operating Lease payments and expenses are fully tax deductible.*
  • ORIX takes the residual risk, so there is no potential loss on vehicle disposal.
  • A modern fleet with no major upfront costs.
  • Your existing lines of credit remain intact.
  • Fewer surprises with fixed monthly lease payments.
  • Greater discounts with ORIX volume purchasing power.
  • Frees your staff to concentrate on your business.
  • Full vehicle maintenance can be administered by ORIX.
  • Purchase and disposal is the responsibility of ORIX.

*This is not intended to constitute tax advice. 

How does it work?

You agree to lease a new car, ute or van for a fixed amount of time, making monthly payments. Our team of specialists manage the vehicle throughout the term of the lease and your company has no residual risk liability.  At the end of the agreement, you return the vehicle.

After a quote or more information on Operating Leases?

Often called ‘Lease to Own’, an ORIX Finance Lease puts you in the vehicle of your choice with more options – including owning the vehicle outright at the end of the lease.

Learn more

A Used Vehicle Lease offers many of the advantages of an ORIX Operating Lease or ORIX Finance Lease but with the cost benefits of using a quality ORIX ex-lease vehicle.

Learn more

Sale and Leaseback is a product where we purchase your fleet and lease it back to you. It is a great way to get an instant cash injection and achieve considerable cost savings.

Learn more

Leasing FAQ

ORIX will purchase a vehicle to meet your specific requirements.  You can select any vehicle that is available new in New Zealand (subject to credit criteria and conditions). 

You choose the lease term that suits your business requirements.  But to be classified as an operating lease for tax purposes, the term must be no more than 75% of the asset's estimated useful life from the lease commencement date as specified by the Inland Revenue Department.  The tax operating lease threshold is therefore 45 months for a passenger vehicle.  Light commercial vehicles can be leased for longer terms, typically up to 60 months.

ORIX understands that circumstances can change throughout the term of your lease and many vehicles will not be returned with the exact kilometres as contracted.  Should you return your vehicle with more kilometres than contracted an excess kilometre charge will apply.  The rate to be charged is set at the commencement of your lease.  If vehicles are found to be well over or under their vehicle kilometre allowance when compared to their contracted lease allowances, then the contract can be re-rated during the lease term to reflect the actual usage level.

A customer may negotiate to purchase the lease vehicle after the lease has expired.  The price of the vehicle will be the vehicle's market value at the time of purchase.

Your lease payment has been based on your estimated usage, in other words, the term you requested and the kilometres you estimated.  Should your circumstances alter and you wish to cancel your lease, a termination fee will generally be charged.