Full maintenance leasing
As a professional service provider, we invest extensively in technology, methodologies and skilled people. This combination of specialisation and expertise gives our clients a competitive advantage. By partnering with us, you avoid the cost and complexity of managing your fleet across multiple platforms. Through our preferred dealer network, we negotiate competitive prices on all vehicle acquisitions.
Leasing
Full maintenance leasing is a cost-effective way to manage the expenses associated with acquiring, maintaining and administering a vehicle fleet. With fixed monthly payments over the lease term, you can plan your budget with confidence and accuracy.
We offer leasing across all vehicle classes and assess every request to ensure the best-fit vehicles for your business needs.
All maintenance, servicing and tyre replacem ents are included in the monthly lease payment. Our team of specialists handles the day-to-day fleet management tasks, so your team can focus on their core operations.
Benefits
Enjoy preferential procurement rates, receive expert advice on best-fit vehicle selection, and benefit from maintenance, servicing and tyre replacement included in the lease. Our skilled administrators handle daily fleet tasks.
Gain deeper insight into your fleet's performance with regular reports on fleet and fuel costs, contact utilisation, speeding incidents, accident frequency and traffic offences.
Sale and leaseback
A sale and leaseback agreement allows Eqstra to buy your existing fleet and lease the vehicles back to you. You retain full use of your vehicles without the risks and capital burden of ownership.
Finance
Low or no deposit terms
Lease payments are tax-deductible in line with IFRS16
Full financial reporting
Vehicle procurement activities, customers benefit from our negotiated pricing
Maintenance
Bundle vehicle maintenance, servicing and tyre management into your lease payments
Avoid unforeseen costs linked to maintenance, servicing and tyres through active management
24-hour support from our supplier network
Benefit from our negotiated rates
Flooring
"Eqstra has reliably supplied the requirements of the fleet management contract we have with them. We are supported by way of continuous meetings, audits and reports that exceeded our expectations."
Elevators and escalators
"We have been in partnership with Eqstra since 2014. We have contracted with Eqstra for full maintenance lease and other support services. We would highly recommend Eqstra as the provider of fleet management services for your fleet of vehicles."
Beverages
"Together, over many years, we have developed and fine-tuned our management and reporting structures to a point where these structures timeously deliver all the data required by us and our team to help us make quick and informed decisions regarding our fleet."
Elevators and escalators
"We have been associated with Eqstra since 2019. Eqstra manages our technical and sales fleet under their full maintenance rental (FMR) product together with other fleet management services including fines management, fuel and reporting."
Manufacturing
"Eqstra was awarded the contract to supply us with fleet management services in 2004. The contract is for the supply of vehicles under their full maintenance rental (FMR) service including fuel and toll management and vehicle tracking. We benefit from Eqstra's integrated fleet management reporting."
Vehicle OEM
"We have enjoyed the benefit of Eqstra's services since 2008. We contracted with Eqstra under their full maintenance lease service and we highly recommend them as a provider for anyone looking for fleet management services."
Material handling equipment
"Our business arrangement with Eqstra began in 2007 and today we have a substantial fleet of vehicles on full maintenance lease. We extended the services to include tracking and stolen vehicle recovery, eToll management and roadside assistance. Eqstra has reliably supplied the requirements of the contract."
Courier and logistics
"Since 2007, Eqstra has been contracted to supply the following services: full maintenance lease, service scheduling, uptime management, short-term vehicle rental, vehicle tracking with driver ID, proxy management, driver training and short-term vehicle insurance with accident repair management. We are supported with continuous meetings and Eqstra meets all reporting requirements."
Frequently asked questions about fleet leasing
Fleet leasing is an excellent way to reduce fleet risk and cost, but is it right for your business? Here are some of the most common questions fleet owners ask:
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Why lease instead of buy?
Leasing means the risk of vehicle ownership does not rest on your core business. Benefit from preferential procurement rates; advice on the best-fit vehicle for the application, the lease includes maintenance, service and tyre replacement costs.
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What if I already own my fleet vehicles?
A sale and leaseback option takes place when EQSTRA purchases your fleet and then leases the vehicles back to you. You continue to have use of the vehicles without the risk of ownership.
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Can I choose the exact vehicles I want to lease?
A key benefit to leasing through a professional fleet partner is that we have access to preferential rates with all major vehicle manufacturers. We will work with you to ensure all vehicles perfectly fit the purpose of your fleet and acquire them at the best possible rate, which translates into savings for your business.
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What if I need specialised vehicles?
We will source the exact vehicles you need and can help you with modifications if needed, all at preferential rates from approved and reliable suppliers.
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Can we buy the vehicles at the end of the lease term?
Yes, this can be arranged at any time during the lease period.
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What interest rate applies to leased vehicles?
The interest rate depends on the customer’s profile, type and size of fleet, and how the lease agreement is structured. We do a full assessment for each client to find the most cost effective solution.
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What happens if a vehicle breaks down or needs repairs?
We take care of the maintenance, servicing and tyre replacements, all included in the monthly lease.
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What is the most popular lease agreement?
Full maintenance leasing is a cost-effective way to manage the costs associated with the acquisition, maintenance and administration of a vehicle fleet. With fixed monthly payments spread over the lease period, you can set your budgets accurately. You also have access to 24-hour support from our supplier network.
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How does leasing affect my finance department?
Owning a fleet means regular unexpected costs and staff who are dedicated purely to fleet operations. Opting to lease means you pay a fixed monthly instalment and fleet operations no longer need to be done internally. This allows you to work on a clear budget for your business operations without the risk of unexpected fleet costs.
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How does leasing affect my finance department?
We can arrange no, or low, deposit terms depending on the exact vehicles you need. Lease vehicles are tax deductible in line with IFRS16, and you will receive full financial reports to support your finance requirements.
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Do I have full access to my lease vehicles?
Yes, this is still your fleet and it’s sole purpose is to support your core business operations. You still have full control over your fleet.
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What additional benefits do you offer beyond reduced risk?
You will have access to insight into your fleet performance with regular reports on all key areas such as fleet and fuel costs, contract utilisation, speeding, frequency of incidents and traffic offences. This means you can make informed decisions on any changes needed to your fleet.
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Do you assist with driver management?
We offer all types of driver assistance from incentives and full driver management to recommending training if needed, especially if you have a specialised fleet.
Leasing is one of the most effective ways for businesses to reduce fleet costs and minimise operational risk. With rising pressure to cut expenses, leasing offers a practical solution that deliver immediate financial and operational benefits, regardless of fleet size or industry.
Although fleet leasing isn't new in South Africa, the growing demand means companies now have more flexible options than ever before.
Eqstra provides a broad range of leasing solutions tailored to each client's unique requirements. Every business has its own fleet challenges, and our goal is to design a solution that enhances performance, reduces costs and removes fleet-related risk from your core operations.
Contact Eqstra to speak with a specialist for a free consultation and find out whether a fleet-leasing solution is right for your business.