Commercial and Personal Car Lease

A car lease is a simple method of obtaining a new or used car that involves only paying for a portion of the car's actual cost as opposed to having to pay for the car in its entirety. So when you lease a new car you are only paying for the portion of the car you are using over the number of years in your lease agreement. Vehicle Leasing offers advantages to both buyers and sellers. For the buyer, lease payments will usually be lower than payments on a car loan would be, and qualification is often easier. A lessee does not have to worry about the future value of the vehicle while a vehicle owner does. For a business leaser, there are tax advantages to consider. For the seller, leasing generates income from a vehicle the seller still owns and will be able to lease again or sell through vehicle remarketing.

A  Company Car Lease is a commercial finance product or policy. Vehicle leasing allows a person to use a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring vehicles for business, without purchasing them. Top leasing companies in India offer various services with a definite company car policy and Management Advisory Services in India. If you are a salaried employee working in an MNC or in a private limited company, this article might be a good read for you. MNC’s often offer several perks to their employees and one of them is covering motor car expense.

The personal car leasing deals which some companies deliver are popular with private individuals who want to take advantage of the latest models which includes the latest engineering and technological features. Personal contract hire offers a host of advantages including peace of mind, cost-effectiveness, and the thrill of driving a new car. Combined with the vehicle lease products, corporate car rental policy and company’s owned fleet, the fleet management services offered by these companies cover the range of essential services to keep you mobile and safe and to ensure the best maintenance of the vehicle.

The top leasing companies in India provides an alternative when buying a car is not an option. Leasing a car sometimes offer tax advantages if the car has been used for business purposes. The downsides of leasing are mileage restrictions and compulsory monthly payments.  Buying a car or leasing one depends upon the use, purpose and individual’s preferences. Both the procedures have positive as well as negative aspects attached to them. One should read up properly about the pros and cons and sign papers after gaining all the information and clearing doubts.

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