Car leasing is something that recently became popular in India. Leasing is a better option than buying for some if you want to avoid the loan and EMI hassel. Car leasing Is simple. You just have to make monthly payments like you would for the house you rent. There is usually a down payment but because of the ever so increasing competition, a lot of companies offer a zero down payment system.
ORIX is Japan’s largest car leasing company that is also one of the most popular car leasing companies in India. Also known as OAIS (ORIX auto infrastructure services), has about 20+ offices all across India and has a huge internet presence.
ORIX operates as two individual subsidiaries in India:
ORIX auto infrastructure services LTD. (OAIS):
this subsidiary of ORIX India offers leasing of passenger cars as well as car rentals and business transportation services. The services of OAIS are termed as operating lease, rent a car, my choice- self drive cars and business transportation and mobility solutions.
ORIX leasing and financial services India LTD:
This branch of ORIX mainly undertakes financial activities of the group while offering finance lease, equipment leasing, loan against property and commercial vehicle finance.
2. Mahindra Finance
Mahindra has started leasing out its cars starting last year. The leasing of a car makes it more affordable and convenient. With a 24 hour service and attractive prices, Mahindra finance is one of the best options to lease Mahindra cars. Mahindra finance leasing option will include the following:
The lease cost will include, road tax, insurance, breakdown assistance, accidental repairs and maintenance costs.
The car leasing option will be available throughout major cities.
The leasing option will offer lower to no down payment based on the car you select.
The services such as insurance, end to end maintenance, on road assistance, accidental repairs and 24 hours replacement vehicle will also be included based on the pack you choose.
3. AVIS Leasing
One of the most popular car leasing companies has been functional in India for the past 16 years. AVIS international is mainly known for its leasing and renting of corporate vehicles. Since the company caters corporate sectors, the company mostly includes premium cars in its fleet.
One of the best companies to lease corporate vehicles.
AVIS is a premium car rental service provider that has over 2500 premium cars in its fleet.
The various packs include, red carpet lease, premium lease and executive lease.
The different services offered by AVIS include, , fleet advisory, quick mobility service, vehicle acquisition, repairs and maintenance, pickup and drop, stay new plan, damage repair management, vehicle disposal, AVIS assistance, tire services, registration services, value added and accessory packs, insurance cover, field technical support etc.
4. ALD Leasing
Another name that pops up for corporate leasing is ALD automobile. A French company that caters to over 900 corporate fleets over 280 locations.
The company not only provides corporate leasing services but also customized mobility solutions based on individual requirements.
The solutions provided by the company include, ALD ugo, ALD 6 wheel lease, ALD second lease, ALD smart, ALD smart 15 and ALD smart plus.
5. SMAS Auto Leasing India PVT LTD
The Japanese company under Sumitomo corporation is also known as Sumitomo Mitsui auto service (SMAS) limited, is active in India over 50 locations and has offices in 6 major cities.
The company provides end to end leasing service.
The company also offers benefits like, zero down payment, tax savings, non-capitalization, maintenance outsourcing, higher liquidity and vehicle disposal.
The company also offers 100% car funding, maintenance of the car, value added services, enrolment of old used cars, test drives and insurance premium protection.
A lot of automakers have realized the trend and to make the car owning experience easier, have also provided with the option of leasing a car. Brands like Mahindra, Skoda, Hyundai And Fiat are also offering some attractive leasing plans.
Mynewcar.in also provides its customers with a car leasing plan. In case of online car leasing, like from mynewcar.in, the car will be delivered directly at your doorstep. All you have to do is fill out related information and your leasing process will be done within minutes. The leasing market is growing since the last few years and with zero down payment, lesser monthly rent than EMI and the opportunity of choice, the car leasing market is expected to grow even more in coming years.
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