Car ownership may seem to be a simple affair, almost like a rite of passage in adulthood. But, as the urban Indian population evolves, so do their perspectives on traditional practices. With lifestyles becoming increasingly dynamic and fast - paced, the automotive industry has had to adapt too. Enter car leasing - a concept that's been gaining traction in India for its flexibility, convenience and cost - effectiveness.
But what exactly is car leasing? How does it differ from car ownership? And most importantly, how can it keep up with your lifestyle? In this post, we’ll dive deep into these questions, providing a comprehensive guide on how car leasing offers the flexibility to match your ever - evolving lifestyle needs.
A walk through different life stages
Let us take a walk through life's different stages and see how car lease plans fit in perfectly at every juncture.
Young adults: The need for speed (and compactness)
For young adults who have just started their careers or are still in college, owning a car may not be a financially viable option. However, they do need mobility - be it for commuting to work or college or for weekend trips with friends. Here's where the concept of a car lease comes into play.
With car lease plans like those offered by Quiklyz, young adults can opt for compact cars which are easy to drive and maintain. The benefits of leasing vehicles at this stage are plenty - lower monthly costs compared to EMIs if you were to buy the same car on loan, no down payments, and the ability to change cars as your requirements or preferences change.
Young families: Space and safety matters
As we grow older and start a family, our requirements for a car also change. We need more space for children and luggage, safety features become paramount, and ease of driving becomes necessary. Upgrading your car at this stage could be expensive if you were to buy one. But with car lease plans, you can easily switch from a hatchback to an SUV without worrying about selling your old car or paying hefty EMIs.
Retirement: Practicality all of the above
As we move towards retirement, our car requirements become more about comfort and practicality than luxury or style. A small automatic car would suffice for grocery runs and occasional visits to relatives. Again, leasing vehicles come to the rescue, allowing retirees to opt for compact cars that are easy to drive and park.
As we can see, the benefits of leasing a car are apparent at every life stage.
Upgrade as you like
One of the biggest advantages of a car lease plan is the flexibility to upgrade your vehicle as per your changing needs and preferences. Most leasing agreements last between 2 to 5 years, at the end of which you can return your current car and opt for a new one. For instance, Quiklyz offers adjustable tenure options, allowing you to upgrade, return or even buy the car at the end of the subscription period.
Conclusion
So, what does a car lease plan include? A car lease plan includes all costs associated with using a car except fuel costs. This includes maintenance, insurance, and roadside assistance. Regarding the benefits, of leasing a car, there are many. Leasing a car offers numerous benefits including lower monthly costs compared to EMIs if bought on loan, no down payments and flexibility to change cars as per requirements.
Car leasing offers flexibility and convenience that traditional car ownership fails to provide. With leasing, you aren't tied down by long - term financial commitments or the hassles of maintenance and insurance. Instead, you get access to a range of cars from some of the best brands to lease at affordable monthly prices. Moreover, with service providers like Quiklyz making the entire process digital and hassle-free, it has never been easier to drive home in your dream car.