Hyundai Motor India has announced a car leasing collaboration with ALD Automotive India. As part of the joint initiative, flexible leasing solutions will provide an attractive alternative to owning a car to salaried individuals, working professionals, small and medium enterprises, corporates and public sector.
The company said the leasing services will be available across its entire product line-up at an extremely attractive monthly lease rental. The benefits of leasing to the customers include no upfront cost, no financial risk, efficient tax management, easy upgradation and no maintenance and insurance hassles, Hyundai Motor India noted.
The company stated that the leased vehicle will be available for a minimum period of 2 years going up to 5 years depending on the city and model selected. The services will be available across Delhi NCR, Mumbai, Chennai, Hyderabad and Bengaluru in the first phase.
Speaking on the collaboration, SJ Ha, Executive Director, Sales & Marketing, Hyundai Motor India said, the vehicle leasing business is rapidly picking pace in India and offers great prospects. He added that both Hyundai Motor India and ALD Automotive will together leverage our their respective strengths to create Unique, Smart and Brilliant ownership experience for customers.
Suvajit Karmakar, CEO & Whole-time Director, ALD Automotive India said this association will enable explore newer product and service offerings and take car leasing to the next level in the Indian car market.