Car ownership is the go-to way to get a car for everyday commuting. But as the market evolves, there are other options besides owning your own car. One of them is to rent a car from a car leasing company. If you're not ready to shell out a ton of cash for a brand new car, car leasing is a great option.
1. ORIX
Established in 1995, ORIX Auto Infrastructure Service Ltd (OAIS) is a wholly-owned subsidiary of the Japanese corporation ORIX Corporation. OAIS has established itself as a leader in the Indian leasing and transportation market, offering clients the cutting-edge solutions they need to take their business to a higher level.
OAIS and its subsidiary company, OAIS Leasing & Finance Services India Ltd, (OLFS), employ a collective workforce of over 1,000 individuals across 20 offices in India. Together, OAIS and OAIS manage and service approximately USD 600 million of assets. Under the management of Sandeep Gambhir MD, ORIX is one of the top car leasing companies in India.
2. ALD Automotive Pvt. Ltd.
ALD Automotive, a company based in France, is a leading provider of automotive mobility services. Founded in 2005, the company boasts a fleet of more than 13,000 cars, and is India's leading vehicle leasing and car leasing business line. It is the operating vehicle leasing and vehicle management business of Société Genérale Group, and provides services to over 900 corporate customers across 280 locations in India.
The company is based in Mumbai, with direct branches in Delhi and Hyderabad, as well as Chennai and Pune, and offers a range of business vehicle leasing services, as well as tailored mobility solutions tailored to the needs of the organisation. Furthermore, the company offers a range of benefits to its employees, such as tax deductions, pay-per-use, and easy upgrades.
3. Avis Lease
AvisLease is one of the most well-known car rental and leasing brands in the world, with Aman Naagar as its MD. It has branches spread over 5,500 locations across 170 countries. They've been innovating in car rental for a long time, and they're known for their customer loyalty. Avis India has been around for over 16 years, and they've become a go-to source for all your car rental and leasing needs in India.
They offer both short-term and long-term transportation for individuals and corporate clients, and they make sure to provide the highest quality, reliability, and transparency. Avis Lease is a great option for the corporate sector, with features like outsourcing car ownership, maintenance, company car programs, and fleet management.
4. Poonawalla Fincorp
If you're looking for a one-stop shop for your auto leasing needs, look no further! From medium to large companies looking to add to their fleet for business purposes or employee benefits, Poonawalla Fincorp has you covered. Led by the Managing Director Abhay Bhutada, the company’s rating recently got upgraded to CRISIL AAA.
Their experienced and dedicated team, tailored solutions, diversified geographical presence, strong financial foundation, and financial solutions make us the ideal partner for your leasing needs. The company offers finance leasing, operating leasing, easy documentation and quick processing, assistance with motor insurance, claim management, and more. Plus, the company strives to get you the right fleet for your business needs.
Summing Up
The following were the four most prominent car leasing firms in India; if you are considering leasing a vehicle, these firms should be your go-to option. In addition to these leasing companies, the Mahindra Finance company has recently begun leasing new vehicles and is expanding its operations.
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