Car leasing – a much smarter option than owning a car

In my 30 years of career the experience with car leasing and car leasing deals has been a good one and I am more comfortable with car leasing now than ever before. Where else do you have the option of driving a new car every two years and not pay the insurance, look forfleet maintenance? Where else do you get tax benefit for the lease fee that you pay every month? It is like having your cake and eating it too.

As there are realty firms who facilitate the process of leasing property that belongs to one party and is leased out to another under specific terms that are mentioned in the lease agreement so also there are car leasing companies that let you lease the car of your choice for a protracted period for a lease fee that is payable every month as per the terms decided by both parties.ALD Automotive is one such company which has specific corporate car rental policy and provides lots of car leasing options.

Car leasing is also called as car contract hire. Car leasing deals are a legal method of letting out the full use of a car or cars for a fixed monthly fee. You can even lease a car for your company making it a company car. In most car leasing deals, both the duration of the hire and the mileage for which the car will be used is initially decided. The hire fee or monthly rental depends upon the price of the car when hired, the mileage and the value of the car when it will be returned at the end of the contract. At the end of the contract the car is just returned without any payment on condition that it is not damaged during the hire period.

ALD Automotive is pioneer in fleet management by its unique fleet managementsolutions that it offers so leasing is beneficial as it suits everyone perfectly and you get the best car deals the way you want.

To Know about the Best Car Deals, you should  visit http://www.aldautomotive.in.

How lease ends work!

While leasing a car, it is important to not just look at your car leasing options but also the lease ends. If you’ve been leased a car you love, you’d think there’s no way you’re returning it back before its lease end, however circumstances may call for such a decision and it is wiser to be well equipped with knowledge about what you are going to do after your lease ends.

Your lease-end options

At the normal end of a car lease, you may have the following options:

• Return your vehicle
• Extend your lease
• Purchase your vehicle
• Trade your vehicle

Depending on the details of your particular lease situation, some of these options may be practical for you while others may not.

How a normal lease end works

About a month before the end of your lease, you will be contacted by your leasing company. They will instruct you regarding having your vehicle inspected and returned to them. Normally, the return is made to a dealer, from which the lease company will pick up the vehicle. The dealer to which you return your vehicle does not need to be the same dealer from whom you leased.

The lease company may also remind you of your option to purchase your vehicle and provide you a purchase buyout price, which may be a better price than stated in your lease contract. They may also offer to extend your lease for specified terms. They won't tell you, but you may also be able to use your vehicle as a trade-in on a new lease or purchase.

If you need to get out of your car lease early

To end your lease before its normal termination date could be costly and troublesome unless done correctly. You can't simply return your car and walk away.

You have a number of possible options, but choosing the right option for your particular situation requires a little homework which needs to be done at the beginning of the lease. Choosing the right option also protects your credit history.

For good deals on car leasing, please refer to our website, http://www.aldautomotive.in.

ALD Automotive - The Best Car Leasing Company in India

Whenever you plan to buy a car or a vehicle, we recommend you check out the Car leasing options as well. Rather than other additional costs which you incur on searching and comparing among various dealers you could also check out the various offers provided by the vehicle leasing companies.

ALD Automotive, setup in India in 2005 is one of the leading players in Vehicle leasing industry catering to the mobility needs of a wide range of corporate customers. ALD allows the client to choose the model, color and any accessories required for the car and lease it out for the required period of time.

We lease all ranges of cars starting from a Tata Nano to a Jaguar.ALD Automotive is professionally managed Car Leasing Company and we provide our services to a wide range of Corporate and SME customers. We understand the needs of our customers and provide customized solutions to meet our customer’s requirements.

ALD Automotive is specialized in:

• Sourcing the vehicle on lease (like advising different cars at negotiable discounts and certain formalities for registration)
•  Provide maintenance and service for vehicle (within the lease term we arrange for standard and non-standard maintenance required for the vehicle and take risk of any overspend on these items, insurance, handling accident claim/ getting repairs done, provide short term item vehicle when car is not able to be used, and provide chauffeurs on request ).
•  Resale (ALD takes the risk up-front of reselling and recovering the initially budgeted selling price when giving the lease quotation and thus you are not affected by the fluctuation in the car resale price.

To find out more about Car Leasing or Car maintenance services, you should visit http://www.aldautomotive.in/

Select the best service through ALD Automotive

ALD is a 100% Subsidiary of Societe Generale Bank, France. ALD Automotive operates in 37 countries worldwide and its worldwide activities are coordinated out of ALD International based in Clichy, Paris.

ALD has a global fleet in excess of 900,000 vehicles and employs more than 3,700 staff.

ALD is the second largest Vehicle Operating Leasing Company in Europe

ALD Automotive specializes in the following services:

• Flexible offering: select from the basket of services
• 24/7 Breakdown assistance in 630+ locations
• Dedicated Relationship management:
• Periodic review of the relationship
• Road show and Individual driver counseling to maximize penetration
• Personalized attention to each driver
• Customized reporting based on your requirement
• Centralized customer care for every requirement of yours
• Widest network of cashless maintenance and repairs facility for reduced reimbursement hassles
• Optiflex Matrix: for easier and transparent termination
• Sale and lease back of pre-owned cars
• Lease transfers to new employers in case of employee separation
• Web-based Reporting tool: the ALD net

ALD Corporate Social Responsibility

ALD Automotive social responsibility is clearly emphasized within and outside the Group through our commitment to control and minimize the environmental impact of our activities. Supporting our clients and drivers ensuring highest quality of service in respect of local cultures is our top priority.

In each country, ALD Automotive proposes trainings to improve your driver’s safety and driving efficiency for immediate cost and environmental impact.

Training for improved safety

ALD Automotive trainings are adapted to drivers profile according to driving context and drivers’ present behaviour. Associating theory with on track practice, our trainings provide measurable safety improvements and reduced stress.

Training for better environment

In addition, ALD Automotive provides specific eco-driving trainings to rise driver awareness on the impact of driving style on fuel consumption and CO₂ emissions.
These trainings can be followed up with online programs to ensure ongoing consistent improvements in daily driving.

In some specific countries, ALD Automotive partners can also provide trainings for defensive driving for dangerous driving situations.

ALD Automotive has oriented its Corporate and Social Responsibility toward two major axes : safety of the persons and respect of the environment.

Corporate and Social Responsibility is a major concern for ALD Automotive Group.
Being a leading actor in mobility lead to a double responsibility that we take seriously : driving safety and environmentally friendly solutions.

Driver’s safety is continuously addressed through prevention policies and drivers' awareness on automobile’s risks:

• Driver training's
• Accident history analysis
• Proactive prevention plans

In addition, driving a leased vehicle ensures perfect maintenance and tires and reduces risks at minimum.

ALD Automotive commitment and fleet expertise ensure most environmentally friendly solutions:

• Most respectful vehicle available proposed
• Continuous information regarding vehicles new technologies
• Carbon offset programs

ALD Automotive, with its ISO 9001 and ISO 14001 certified subsidiaries, believes that this strong commitment can generate added value as well as constant customer satisfaction

For more information then check out the website http://www.aldautomotive.in.