Auto Lease: A Risk-Free Solution to Finance Your Fleet
1. Auto Lease: A Risk-
Free Solution to
Finance Your Fleet
2. Most of thepeople in India prefer to buy acar on loan
payments, but what if you’ll get an option to buy a car on lease.
Most of you even don’t know about car leasing, and how it
works. So, take the time to do your research before heading to
the car dealer, as buying a car is the most expensive purchase
anyone makes in his/her life. Making a decision to go for lease
deal simply increases the chances you'll be happy in the long
run. Have a look at the advantages of car leasing to make sure
you buy a car you can afford.
Freedom from down payment.
You can drive a better car for less monthly payments.
You’re liable to pay lower repair costs.
You can easilyget a new car every two or three years.
No hassles at the end of the lease agreement.
Lease deals are non-taxable, and you only pay for the
portion of sales tax.
3. Car Leasing in India
The concept of car leasing is a new thing in India,and was
firstlaunched by Mercedes-Benz&now it’s offered by many
small operators based in Metro cities. Under the auto lease
deal, you don’tneed to buy a car from the leasecompany, but
you lease acar for fixed duration e.g. 2year or 3 yearand pay
fixed monthly rental to thecompany for leasing the
car.Although this concept is currently not so popular in India,
will definitely get a good response in future.
4. Lease Monthly Rental
The car leasing company in India provides you with the option
of transferring the car to your name at the end of the lease
tenure. Thelease rentals are typically decidedon a market rate
of the car at the beginning of the lease term.
Car Maintenance & Repairs
Throughout the period of vehicle lease agreement, the provider
undertakes full responsibility for maintenance and servicing,
insurance matters, accident repairs, fuel management services,
and a hassle free processing of documents. So, you’ll get more
time to focus on your core business rather than fleet
management.
5. In a nutshell
A car leasing agreement provides you with a cost-effective
solution to get your fleet at best suitable monthly rentals. This
will help you get a new vehicle, as well as meet your goals &
save money.