Why Leasing A Car Is Beneficial For You!

By Author: Avislease
Total Articles: 4
Comment this article

Leasing arrangements largely eliminate the possibility of a significant, unforeseen expense. You get a new car every time. Leasing a car means you always get to drive around in a sweet new ride. For many people, this is an emotional boost that can’t be ignored. If you love cars and driving, this is a big perk. Maintenance is not an issue. Because you’re always driving a newer car, you usually don’t have to deal with the regular maintenance issues that car owners face as their vehicles age. Also, many new cars offer a warranty that lasts at least three years or 36 months. So when you take out a three-year lease, most repairs you need will probably be covered. You turn in your car before all those problems start showing up. If you lead a very busy life, or you’re on the road a lot, this is one less stress you have to deal with.
The fleet operators help them minimize off-road time and better manage risk and legal issues. With personal car leasing, there is no worry about depreciation costs as you simply pay for the use of the car and change it at regular intervals. This has been a popular method for private individuals ...
... who want a hassle free and cost effective way to finance and maintain a vehicle. This also includes treatment to users which is unrivalled and provides the best in class services to the customers. That’s how car leasing has become one of widely known phenomenon in today’s era and has set eyes to prosper in future.
The personal car leasing deals which Car Lease Companies in India deliver are popular with private individuals who want to take advantage of the latest models which include the latest engineering and technological features. The blend of amazing advantages like a peace of mind, cost-effectiveness, and the thrill of driving a new car makes personal contract hire very desirable. Combined with the vehicle lease products, corporate car rental policy and company’s owned fleet, Enterprise Fleet Management services offered by these Fleet Management Companies cover the range of essential services to keep you mobile and safe and to ensure the best maintenance of the vehicle.
The added benefits when you use that leased car for official purposes only comes into light meaning the value of perquisite will be NIL and there will be no addition in your taxable salary. There are certain conditions that should be ensured such as the employer should maintain complete details of visits made for official purposes which include - date, the place visited, mileage, and, expenditure. The employer certificate is also compulsory to authenticate that the expenditure was incurred for official purposes. However, when you are a salaried employee then often there are questions about the tax liability of owning a car and using it for both personal and official purpose. Leasing a company car is undoubtedly more tax efficient than owning a car for salaried employees. Leasing a car differs from a commercial hire purchase, under which the interest and depreciation are tax deductible.

http://www.avislease.in/fleet-management.html