Car Rental in Bangalore - Monthly Lease Plan -
Tariff Details.
Let us note that leasing a car in India is slightly different from the concept in some of the western countries. In a
few Western countries, the Car Leasing companies lease the car to individuals. When they lease the car, they don’t provide
the service of a driver. In effect, a customer who lease or rent a car in the west just drive the car home and use it as and
when he/she likes. But in India you get the service of a car and driver for a certain hours of a day as per the agreement
reached between the Car leasing (Car Rental) Company and the customer- both individual customers and companies which lease
the car. This means, you always get the service of a chauffeur. Please remember that, finding your own trustworthy driver in
cities like Bangalore is often a very frustrating task. The drivers quit job every now and then and you may have to keep
searching for a new driver.
In the west, when you lease a car, you need to pay the depreciation cost to the leasing company. Let us explain this- you
lease a car with a market value of Rs.2,50,000/- and if that car has got a re-sale value of Rs. 1,50,000 after two years. And
you lease this car for 2 years period. Then you actually pay for the depreciation, which is 2,50,000 - 1,50,000 = 1,00,000.
Of course you pay the interest and a premium to the car leasing company extra.
But in India, Car Rental Companies and Car leasing companies operate on an entirely different concept. In Cities like
Bangalore Car owners enter an agreement with a Business organization and provide pick up and drop service for the executive
of the organization. Normally, as per the Car lease contract, 8 (or 10) hours of dedicated rental car Service will be
provided to the company.
To read the full article on Car Rental or Car Lease in Bangalore, please click here -->
Why in Bangalore, Hiring or Renting a Car is
desirable than Buying Your own Car?
