Leases 
A Lease is usually taken out by a business. FIFL owns the vehicle but this is leased to the client. Some clients using this facility are companies, self-employed people, or registered entities. There may be tax advantages for the client.
Operating and Novated Leases
Used to assist in the management of cash flows, and also the costs associated with employee required vehicles. Leases may be appropriate for some businesses who require fleet vehicles (a number of vehicles) for business purposes.