ALD Automotive-The Largest Car leasing & Fleet Management Company in India

ALD Automotive India is a wholly owned subsidiary of ALD Automotive Group, based out of Paris; operating within the Specialized Financial Services of Société Générale.

Société Générale is one of the largest financial services groups in the euro-zone. The Group employs 163,000 people in 82 countries.

With a fleet of over 7500 vehicles, ALD Automotive is one of the Largest Vehicle Fleet Management Companies in India

ALD particularize in the following:
Procuring a Vehicle
Obtaining a vehicle better known as sourcing a vehicle, the Sourcing consists of different aspects related to vehicle:

• Advising on different models based on the usage & needs and finalizing the same with the Customer.
• Negotiating with the Dealer/Manufacturer for discounts on the particular models so that the benefits are passed on to the customer.
• Formalities related to Vehicle, such as Insurance, Registration, etc to ensure a hassle free initiation process for the Client.

Leasing out the Vehicle
Leasing a vehicle is like renting a house. You pay only for the use of a vehicle for a specific period of time and kilometers.
Unlike other modes of acquiring a car, in case of an operating lease you don’t have to pay for the whole cost of the car. You repay only the usage of the car. Additionally the whole lease rental is treated as expense in the P&L and is fully deductable. Thus by leasing a car you improve your cash flow because of favorable tax treatment as compared to owning a car or taking a loan to buy a car.

Maintenance / Services for Vehicle
Throughout the lease term ALD provides its customers with

• Scheduled & Unscheduled Maintenance required for the vehicle
• Takes the risks of any overspend on these items

With ALD Automotive, your vehicle is maintained at the manufacturer authorised workshops at all times. You simply need to call us up to benefit from a full range of maintenance services:

Vehicle Servicing is a series of maintenance procedures carried out as per the service schedule specified by the vehicle manufacturer . We recommend that you follow the service schedules as per the owner’s manual & send your vehicle for regular servicing. This will ensure good performance of your vehicle. The warranty may lapse if it is not serviced at regular intervals.

The completed services are usually recorded in a service book which is rubber stamped by the service centre upon completion of each service. A complete service history ensures upkeep of the vehicle & optimal Performance of the vehicle.

Resale of the Vehicle
ALD Automotive predetermines the resale price of the car expected at the end of the contracted tenure and kilometers and you pay only for the depreciation. i.e. if the expected resale price is 45% then you repay a depreciation of only 55%. Thus you pay lesser.
Also, any loss or gains with respect to the Resale value of the car is borned by ALD and is not passed on to the Customer.

For more information regarding the above check out the website http://www.aldautomotive.in for more information