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Avis Operating Lease and Red Carpet Lease plan
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The Avis Red Carpet Lease plan will provide a convenient, hassle free and economical platform for acquiring, maintaining and disposing vehicles for corporate houses
The concept of acquiring vehicles on lease purchase basis may still be new to India, but it has been around for quite a while now. The successful business model has benefited numerous corporate houses and individuals across the world by providing a hassle free vehicle ownership experience.
Avis is one such global company that has been providing operating lease facilities for vehicle acquisition, maintenance and disposal in India for the past 12 years and has watched the corporate sector experience its boom. The company sees tremendous potential for vehicle leasing in the Indian market and is wasting no time in trying to capture as much of a market share as possible with the launch of the Red Carpet Lease plan.
Operating lease allows individuals and companies to lease vehicles from Avis for one to five years. This is of major relevance in the corporate sector as companies save a lot of money by leasing cars for use rather than having to take the expensive route of buying vehicles.
Here is how leasing is beneficial for customers:
• No down payment
• Tax benefits
• No extra maintenance costs
• Hassle free car disposal
Sunil Gupta, CEO, Avis India, said, “The concept of operating lease has been growing in India and major MNC and Indian corporate houses are moving towards taking cars on operating lease instead of buying. Corporate houses purchase around 10 per cent of the total cars sold in the country and out of that only 10 per cent of the cars are leased. So far only a fraction of the leasing potential in India has been exploited and the potential for growth is huge. Avis India plans to invest Rs 7 billion over the next 3-4 years in placing 7000 vehicles on operating lease.”
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