Car leasing is becoming an increasingly popular option for both individuals and businesses in India. With flexibility, affordability, and the rise of subscription models, many are opting for leasing over traditional car ownership. This comprehensive guide explores everything you need to know about Vehicle Leasing in India , helping you make an informed decision. What is Vehicle Leasing in India? Vehicle leasing is a financing option where a customer rents a car for a fixed period, paying monthly installments instead of owning the vehicle outright. This model is suitable for those who prefer lower upfront costs, flexible terms, and fewer long-term liabilities. The Rising Trend of Leasing vs. Owning Cars in India In India, owning a car has traditionally been a symbol of status. However, the growing emphasis on affordability and convenience has shifted preferences toward leasing. Key reasons for this shift include: Lower upfront costs No concerns about depreciation Easier upgrades to newe...
