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Advantage of leasing

 

Deciding on leasing or buying can be difficult. Listed here are some of the advantages of leasing over buying that will make it easier for you to decide.

1. Pay for what you use

When you purchase a vehicle, you pay for the full cost of the vehicle. In leasing, you only pay for what you use so you get more savings for your business. Here’s how :

You do not tie up your capital in a depreciating asset.

Your monthly payouts are lower improving your cash flow.

You can upgrade to a bigger car without upsetting your cash flow.

You realise the residual value right at the beginning of the lease and are buffered against any drop in residual values in the future.

2. No hassles because of our complete fleet management

Maintenance

We get the vehicles serviced with the authorised dealer to ensure the vehicle is maintained to the highest standards. This also saves a lot of time and effort for your accounts and admin department on quotations, approvals, making LPOs and taking vehicles for servicing.

You are also buffered from the unknown maintenance expenses hence can budget your transportation cost accurately.

Replacement Vehicle is provided during maintenance ensuring all time availability for continuous business productivity.

Insurance

Because of our collective purchasing power, we enjoy special rates from the insurance companies, means more savings for your business.

We also manage the claims in case of an accident which saves your company valuable time.
Replacement Vehicle is provided during accident repairs to ensure zero downtime.

Registration

We provide complete registration and renewal services saving valuable time and money for your company.

Compete tracking of Salik charges and fines are provided on every vehicle which could be a complex task if done at your end requiring additional staff.

Lower Interest Rates

We enjoy special borrowing rates because of our equity in the market This benefit is passed on to you so more savings for your company.

3. End of lease flexibility

If you purchase a car, you will look for a buyer to sell it after using it for a certain period. With Shift Leasing, the headaches of selling a used car are eliminated. At the end of Lease Contract, you can either :

Extend the lease period at a lower rate

Buy the car at a pre-defined value

Return the car and just walk away

It’s your choice! Lease or buy , Please click for questionarre

 

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