Business Car Leasing India

Car Leasing Industry Is Gaining Popularity Globally! In many parts of the world, including Europe, North America, and the Asia Pacific region, business vehicle leasing has shown to be highly efficient for a variety of businesses. So, over the last few years, the global car leasing market has grown rapidly. This blog compiles key information about the global growth of the business car leasing sector. There was a time when the pleasure of ownership outweighed the financial burden. However, since the introduction of private and business car leasing, public perceptions have shifted significantly. Many individuals, small to medium-sized businesses, and other businesses have switched from owning a fleet of cars to leasing because of the advantages that leasing provides. It not only allows you to upgrade to the most up-to-date automobiles with improved safety features every 3-4 years, but it also provides the convenience of a fixed EMI that includes maintenance costs. It also comes with no re...

How digitization is positively impacting the fleet management industry The digitizing process can positively impact vehicle leasing, by automating a number of processes and by making a lot of organizational decision centric data available quickly, and in many cases automatically. There are many other factors of digitization that make business car leasing easier as well. This blog will outline the importance of digitization for the fleet management industry.   Currently, there is a huge demand for incorporating advancements of technology into everything that a business does, to automate business operations and grow profits and efficiency of your business. In the previous two decades, the revolution in the digital world has not only improved how every task is performed like booking a car ride or ordering food but it has also modified daily tasks in every field.   Thankfully, digitalization has still left its influence in the automotive world and changed it in such a way that so...

The biggest advantage of leasing a car is that you don’t actually need to buy it but you can drive it around as if it was your own car. You only pay monthly installments which include cost of the vehicle, cost of maintenance and other associated expenses but does not involve any down payment.  Finance leases and operating leases are the two leasing models to choose from. According to the operating lease model, you are required either to return the car to the leasing company or buy it at the then market value at the end of your tenure.  This model is generally followed by corporate car lease. However, if you choose the finance lease model, the ownership of the car will be transferred to your name at the end of tenure. There are a few things to be kept in mind when you choose one out of the best corporate car leasing companies in India. 1. It is necessary to look out for the feedbacks of the previous clients in order to determine the reputation of the car leasing company. You sh...