Wednesday 11 December 2013

Increasing trend of car leasing in India

Car is a depreciating consumer item. The value of a car gets depreciated over a time. Therefore, it is a wise idea to spend the least money on it. Many people prefer leasing a car than buying one. Car lease in India is showing an increasing trend.  According to statistics, around 20% people in India prefer to lease a vehicle. Leasing becomes a sensible choice because of one more fact. There are tax considerations for leasing cars and those who are eligible for it may avail the benefit. 

Leasing is just like long-term rental and people have a choice of changing the car every three years without bothering about the resell value or depreciation cost. However, one must be aware about the hidden costs while leasing in India. Car leasing options should be checked thoroughly before signing the papers. Check the insurance status and go through terms and conditions about the coverage. Cost calculators help in calculating final cost for different proposals.

Always look at the lifestyle and daily routine before making the decision. It is a fact that you have a chance to change the car every three years. At the same time, you should remember that there is mileage restriction on company car lease. If you need to travel long distances frequently, then very likely you will be crossing the maximum mileage limit. However, leasing a car is a lucrative option for those who want to change the car frequently.


Visit www.aldautomotive.in to lease your car today! 

Thursday 5 December 2013

How to find the best car lease dealers?


Finding the best car fleet lease deal is not a tough task when you follow the simple steps mentioned below:

1.       Negotiate well with a local car leasing company: Always discuss with the sales representative about the best prices possible. Use reliable sources and find out the maximum discounts available on the particular car you are interested in. Official websites and blog forums can be the best source of information. Use formula to calculate the best proportion of one-time payment vs. monthly vehicle lease amount.

2.       Ask quotation from multiple dealers: You should have quotation from many dealers to have a fair understanding of onetime cost and lease amount. You can compare the overall cost and then decide the best. More competitive dealers should be called first to start the negotiation process. The Internet is a fast and efficient medium for asking the quotation.

3.        Check the newspapers to find current deals: Many car leasing companies publish advertisement in the weekly newspapers and offer special deals. Keep an eye on such advertisements and avail the best car leasing options.

4.       Ask friends/relatives: If you want to save time, then the best way is asking friends and relatives about the best deals. There will be somebody who has taken a car on lease recently. You can also talk to the same dealer and lease a car. In a majority of cases, such deals are quite profitable.

Lease a vehicle from the most profitable car lease option in this way and save money. Do not miss www.aldautomotive.in as they offer the best deals in the country!