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Showing posts with the label Company car leasing

Used car leasing is on a path to becoming a $6B market.

  The rising interest in used car leasing is mainly due to two major trends; the steadily increasing number of good quality used vehicles and the consumer demand for solid and good performing cars at a reasonable price. Apart from these trends, there are two major benefits that affect the market's growth: the vehicle leasing providers get a new profitable revenue stream and the consumer gets access to high-quality cars at reasonable prices. It is hard to stay away from these benefits! It is then no surprise then that used car leasing is on the journey to becoming a 6.4 billion market in Europe by 2030. Until now fleet car leasing was the dominating sector but now the dedicated remarketing divisions are being set up by the top vehicle leasing providers of the region to sell their used, off-lease cars directly to customers. This is a deviation from the conventional style of the past where the lease vehicles were sold indirectly through business-to-business channels like brokers or...

What does leasing a company car offer compared to buying one?

  Even though the pandemic has been an unchanged condition we are all greatly concerned about our safety and health. The simple process of commuting has become a major threat to us. This is why we are constantly in search of options that give us the safety and convenience of going about our days without worries. The only solution to this problem of mobility is to have a car to yourself and avoid public transport as much as possible. But most people are still figuring out if they are ready for the commitment of owning a car. Because a car comes with many burdens in the form of maintenance and all other excessive expenses that owning a car invites. Don't you wish there was an alternative way to use a car? Then it is certainly time for you to forget buying a car outright and instead focus on leasing a car. Read on to find out how car leasing ticks all the right boxes if you are searching for a cost-effective, hassle-free alternative for mobility. Let us see how car leasing compares w...

Car Leasing Made Simple With ALD Ugo

  The employees’ outlook towards the 9-5 job has changed since the pandemic struck in early 2020. Many private organizations have had to lay off employees due to multiple reasons in these times. While companies from different domains have now started mass hiring again, people across the world are still unsure if they will be retained for long once hired. With all the job insecurity looming around, an employee might essentially not want to choose for a car leasing when she or he joins an organization. Why? Because traditionally, if an employee opts to lease a car upon joining a company, she or he is expected to use this car for an agreed number of years while employed with this organization. Now, if the employee is laid off or tenders a resignation to the current organization, the contract ends abruptly. In this case, the employee is supposed to pay certain charges to the car leasing company as agreed in the lease contract. Today, on one hand an employee might get laid off by an org...

Car leasing 101: an easy guide to lease a car with ALD Automotive.

  Ever since the arrival of car leasing services, it has pulled people easily. Mainly due to the attractive benefits it offers. With the majority of the public choosing car leasing over buying a car, the idea of personal vehicles is becoming outdated. Low monthly lease rentals, zero burden of commitment and all the benefits of using a car is made possible without buying a car using car leasing services. The rising demand for it shows us it is the best way to sort out your commute worries. If you haven't yet started your lease plan or if you are planning to upgrade your lease, ALD Automotive is providing you with a step by step guide to car leasing in this article. Use these points to get the best deal.   Look over your company policy and eligibility: The beginning of the car leasing process starts with your company's car leasing policy. Most companies now are including a company car on lease to their employees' benefits package. Based on seniority and various other...

Tired of the rains damaging your car? Follow these simple steps.

Rain might make you want to take your car out, play some songs on and have a peaceful drive. But we often forget that it can cause irreparable damage. We realise it when it's too late. The rain can cause natural calamities like floods and cyclones that cause damage to us and our property annually nowadays. It is tough to predict the intensity of rainfall. This annual recurrence reveals the potential of the rains to damage daily necessities, infrastructure and most importantly, your car! But what can we do? It is common knowledge that if you want to minimise monsoon damages in your car, the car needs extra care during the time. Without proper care, the car could be damaged by factors out of your control like rising waters in low-lying areas, poor condition of the roads, roads losing traction and road accidents due to lack of proper visibility. These conditions pose health risks as well as financial risks. The only way to combat factors beyond your control is by taking precautions an...

Eliminate the mess and reduce your stress (decluttering your car 101).

While using public transport has become a safety threat, the car has become the safest mode of transport during these times. Most of us started considering it as our second home. Now imagine a friend unexpectedly showing up at your house and the dirty clothes, unclean floor and odour make you both uncomfortable. It is the same if they are getting inside your car in similar condition. While it could be convenient to have things within reach, having things scattered around disorderly is embarrassing and creates a bad reputation. Imagine having to explain to your boss on a random day when he asks for a ride that the car is usually not this unclean. It speaks volumes about how careless a person is even though these are not deliberately done. Also, the reduced need for maintenance needs no explanation.   But having things around is convenient at times. Whether you're planning on a road trip or just a long drive for business it is not recommended to keep reaching for a bag every so often...

6 cars to lease for people who don't want to be left behind.

  The automobile industry includes every helpful technological advancement in their cars shortly after it is introduced. Meanwhile, the automobile leasing industry is making sure everyone can use these technological advancements by making vehicles available to lease at affordable prices. Leasing eliminates almost every unnecessary hassle that comes with buying like the need for a down payment, maintenance and taxes. Imagine owning company cars; a big dent on your capital, excess tax, long term maintenance, no resale value and more further. Company car leasing is a cheat code for saving your pocket and helping your employees carry your company's image better. Your monthly lease payment pays for insurance and it saves about 30% on your taxes.   Company car leasing is now easier than ever with the My ALD app . ALD Automotive has made booking maintenance appointments, managing claims, getting a quotation, and tracking their contract all a click away. So, for the finest compa...
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...