Business Car Leasing India

  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...

  Car leasing created a revolutionary change in the automobile industry ever since its introduction. It introduced an alternative for purchasing a vehicle while being cost-effective and convenient and it was pathbreaking. If you are familiar with the idea of car leasing you might know how exciting of an experience it is. Imagine getting a good deal with a leading car leasing partner on top of it being a lucrative investment from the start. But with innumerable car leasing companies in India, it might be a difficult task to filter out the best and choose them. So, we are listing down attributes you can consider while looking for the best car leasing company in India. Read the following and choose the right leasing partner for you.     1. Reputation of the company Car leasing is an industry where businesses cannot survive without a good reputation. Even if they display attractive pricing, you should check their reputation in the industry. Because it is hard for any busines...

An organization goes for a tie-up with a fleet management company with the objective of making traveling to-and-from office an absolute hassle-free and more convenient experience for its employees in their day-to-day life. One of the most important factors taken into consideration to ensure an easy commute is 24/7 roadside emergency assistance for the entire fleet. Large organizations want their management teams to focus primarily on their operations in core areas than invest much time and capital on areas like transport. Hence, they delegate this responsibility to some of the leading Fleet management companies like ALD Automotive. Business Car leasing is no foreign concept to employers in India today. In fact, opting for car leasing in business only boosts the organizations’ brand value. How? ALD Automotive as a car leasing company offers premium services – be it a fleet comprising of different car models with latest security features, low monthly instalments that include maintenan...

  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...

  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...