In Todays World, Buying a car is not a big deal , There are too many banks to give you loan.The problem is the running cost and maintanence.
The Pity about vehicles are their rates depreciating every second. If you buy a new car and sell it in the next hour you have to loose atleast a Lakh , That is todays trend. What is the remedy ? . I have found a solution for it , It is going for a car Lease.
How does it work.?
There is a Company in Chennai, Tamil Nadu,India called CarLease. They give car for lease.
If you plan to have a car through Lease .
This is how it works.If your planning to buy a car which is Rs 10 Lakhs (on road Price). Then you need to do the following
* Sign a agreement with the CarLease Company.
* The agreement is for one year.
* You need to Pay Rs 5 lakh to CarLease Company.
* CarLease will deliver you the Vehicle from the Showroom.
* You are not supposed to run more than 25,000 Kms in a year.
* If after one year you have not crossed 25,000 kms in a year you can give back the vehicle to CarLease after a thorough service from a reputed service center.
* You will be given Rs 5 Lakhs by the CarLease Company.
* In the 12 months time when you use the vehicle you need not pay even a single penny to the CarLease company.
* Suppose if you have used more than 25,000 Kms then you need to pay the CarLease company the rest Rs 5 Lakhs and take the Vehicle.
(Note :- CarLease is planning to charge 2% of the remaining cost . ie rs 10,000/-every month for the twelve months in a few months from now.As of now during the twelve months we need not pay any amount for the usage of the car)
If you want to Lease your Exisiting Car
If you already have a car. you can only do a Lease cum Sale through CarLease Company. This is how it works.
* Let us Assume you have a vehicle and when you purchased it was Rs 12 lakhs.
* Now the current market selling Price is 10 Lakhs
* You will sign an Agreement with the CarLease Company
* The agreement is for 60 months ie 5 years
* The company will pay you 2% of the amount to you every month. ie is Rs.20,000/- every month.
* CarLease company will buy your car any time after 12 months and before 60 months.
* When they buy the car from you they will pay you Rs 10 lakhs. So the 2% that you get every month is your income, and your car selling rate is 10 lakhs through out the 60 months.
I have leased my car and taken one as well. My experience with them is really good. This made me to write this Blog.
Techno Solutions is not a Partner or Business Associate of CarLease.We would recommend you take necessary precaution and create a good agreement for your safety.
You can contact me for carLease. You can mail me at services@technosolutions.in for help.
* Sign a agreement with the CarLease Company.
* The agreement is for one year.
* You need to Pay Rs 5 lakh to CarLease Company.
* CarLease will deliver you the Vehicle from the Showroom.
* You are not supposed to run more than 25,000 Kms in a year.
* If after one year you have not crossed 25,000 kms in a year you can give back the vehicle to CarLease after a thorough service from a reputed service center.
* You will be given Rs 5 Lakhs by the CarLease Company.
* In the 12 months time when you use the vehicle you need not pay even a single penny to the CarLease company.
* Suppose if you have used more than 25,000 Kms then you need to pay the CarLease company the rest Rs 5 Lakhs and take the Vehicle.
(Note :- CarLease is planning to charge 2% of the remaining cost . ie rs 10,000/-every month for the twelve months in a few months from now.As of now during the twelve months we need not pay any amount for the usage of the car)
If you want to Lease your Exisiting Car
If you already have a car. you can only do a Lease cum Sale through CarLease Company. This is how it works.
* Let us Assume you have a vehicle and when you purchased it was Rs 12 lakhs.
* Now the current market selling Price is 10 Lakhs
* You will sign an Agreement with the CarLease Company
* The agreement is for 60 months ie 5 years
* The company will pay you 2% of the amount to you every month. ie is Rs.20,000/- every month.
* CarLease company will buy your car any time after 12 months and before 60 months.
* When they buy the car from you they will pay you Rs 10 lakhs. So the 2% that you get every month is your income, and your car selling rate is 10 lakhs through out the 60 months.
I have leased my car and taken one as well. My experience with them is really good. This made me to write this Blog.
Techno Solutions is not a Partner or Business Associate of CarLease.We would recommend you take necessary precaution and create a good agreement for your safety.
You can contact me for carLease. You can mail me at services@technosolutions.in for help.
2 comments:
Well the car Lease has got an Maruthi Swift for Lease. The details are as follows
Color - Silver
Make - June 2008
Model - Vxi
Features - Power windows,Power Steering
Kilometers rub - 14,000 km
The rate of the car is 5 lakhs and is available for lease. The person taking this vehicle can pay Rs 2.5 lakh and drive it for 1 year and can take back the car after one year if he has driven less than 25,000 kms with in that year.
for more details email to services@technosolutions.in
You can read the same blog in Tamil by visiting the link http://technosolutions.in/tamil-blogs/2009/02/blog-post_6625.html
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