::: AutoLease :::

operating lease

General Futures

Enabling the Clients to True Lease the vehicle in terms of Flexibility of ownership. True Leasing will enable the the client to retain complete financial ownership of the car. This type of lease will enable the client to void Depreciation (loss of value) on the long run.
At the beginning of the contract, the monthly lease payment will be calculated by taking only the difference between the residual value and the appraisal value of the vehicle(s) over an agreed period.
No additional fees in-terms of full ownership on .
Additional Services that include:
- Maintenance
- Full Insurance
- Replacement Car
- 24/7 Road Assists

Key Benefits

The option to take full legal ownership at the end of the contract.
Removes financial risk associated with vehicle(s) disposal if the Lessee hands the vehicle back.
Lower monthly installment.
More flexible lease method.
Fixed monthly outgoings for easier budgeting.
Excellent strategy for bypassing capital budgeting restraints.
Qualifies for off-balance sheet treatment (especially for MNCs) and can result in improved Return on Asset (ROA) due to a lower asset base.

How does it work?

- The customer hires the vehicle(s) from AutoLease for a pre-determined period at a fixed monthly rental.
- AutoLease retains ownership.
- At the end of the contract the customer has the options of:

1. Owning the vehicle(s) by paying its fair residual value.
2. Returning the vehicle(s) with nothing more to pay.
3. Extend the leasing contract for another period.

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