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Car Lease
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1
What tenure options available?
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Lease tenure can be 3, 4 or 5 years subject to your company car policy.
2
Whom should I contact in case of any requirement regarding the lease policy?
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Quiklyz assigns a dedicated Account Manager for your organisation. Employees may reach out to the Account manager. While taking the journey if you face difficulty, you can always share it over 'Ask a Query'.
Alternately you may reach out to us on our toll free Number - 1800-209-7845 (mon- sat, 9am to 7pm) or write to us at
[email protected]
3
What exactly is Quiklyz Car Lease Program?
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Car Lease with Quiklyz is an easy, flexible, and a smart way to get your favorite car. Simply pay a fixed monthly rental which that includes full funding and fleet management if opted for. Leasing is the smart way to optimise your take home salary with the frame work of your company car policy. Have the flexibilty in upgrading to a vehicle of your choice.
4
Why should I choose Quiklyz?
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Quiklyz by Mahindra comes with a approach of high customer service, trust and transparency.Being a part of the Mahindra Group we have a high outreach across India. We first understand you and then build a framework that best suits you including varied product offerings.
5
What are the benefits of Quiklyz?
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Zero down payment*
Choice of tenure (3/4/5 years)
Expert advice with our team to help you select a car along with a test drive if required.
Multiple options at termination of contract that include return or buyback option.
Tax benefits
A hassle-free driving experience.
6
How is Mahindra Finance Quiklyz unique?
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Digitally led. Customised portal for clients that includes all steps from selection of car till it is delivered.
Focuss on customer handling through Dedicated Account Managers in addition to our digital platform.
Strong relationships with all the OEMS, dealers, service providers (Network across India in 50 + cities^ -)
7
How do I know if I’m eligible to lease a car on Quiklyz?
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You may refer to your company car policy to know more
8
What documents do I need to lease a car on Quiklyz?
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This will depend on the lease arrangement between your organization and Quiklyz.
9
How long will it take for Quiklyz to deliver my car to me?
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Primarily this depends on the availability of the selected car. We at Quiklyz maintain very strong relationships with our partners in ensuring quicker delivery timelines.
10
What are the payment methods through which I can pay my Quiklyz monthly fee?
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Monthly payment will be done by your employer.
11
Do I need to pay fines in case of parking/traffic violations?
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Yes, you must pay the fines in case of any such violations.
12
Which cars can I lease on Quiklyz?
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We as a multibrand car leasing platform offer you all, across manufacturers. Furthermore, this will depend on your company car policy and your eligibility within it. In a rare scenario you do not find the car you are looking for, send your query over 'Ask a Query' or reach out to Account Manager to assist you.
13
Do I get to choose the colour of the car I get on Quiklyz?
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Yes, absolutely! When you Quiklyz a car you get the same choices that are offered by a car manufacturer including the colour and the varaint of your car.
14
What accessories will I get along with my new car?Are there any options to add accessories?
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You can choose the accessories while selecting your car, the value of which will be added in your rentals. Or you can buy it yourself from an authorized dealer as long as you don’t change the car’s characteristics (for example, colour) or invalidate the car’s warranty (for example, by using performance boosting devices).
15
What sort of registration will the car have? In whose name will this registration be?
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Registration of the vehicle will be dependent on the company car policy of your employer.
16
What costs are covered in my Quiklyz monthly rental and which are not?
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Your Quiklyz monthly rental includes ex showroom cost, cost of registration and insurance and fleet management services opted for. Any case of unfair wear and tear or user negligence are not included and will be charged separetely.
17
How is my monthly fee decided?
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Your monthly fee is calculated basis various factors (depending on you company car policy) like:
The car’s ex–showroom price
The car’s Insurance Policy
RTO Tax and Registration Charges
Additional services selected.
18
Will Quiklyz manage my car’s Insurance?
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We have varied insurance options that may be included in the rentals or charged separately in line with your company car policy.
19
What all will be covered in my insurance?
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Our standard Insurance includes Comprehensive insurance with Zero depreciation and Consumables (Engine protection cover is Included). However we have other add on options and the same will reflect on the quotation finalised by you.
20
Can I get a stand-by or replacement car on Quiklyz in case my car is off-road due to accidental damage or maintenance?
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If you have subscribed to the service, you will be provided with a replacement car while your car is away for scheduled maintenance or accident-related repairs. This will be in line with the replacement car service opted for.
21
What are applicable foreclosure charges if I want to return the car before completion of the tenure?
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In the event Customer wants to foreclose the lease in between the lease tenure, he can go with any of below options:
Pay Foreclosure charges (calculated based on the outstanding book value amount) and take the vehicle.
Pay the differential amount between the market value of car (derived through external valuation) and the Foreclosure Value and surrender the vehicle.
Carry on with Lease on individual basis subject to Quiklyz approval considering individual credentials.
Forward it to your new company ( based on car policy they have )
22
Will my monthly fee change during my Leased tenure?
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No, your monthly rental will remain constant. It would only change if there is change in tax structure by Government of India
23
What are late payment charges applicable on monthly rental?
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Refer your agreement for Late payment fee
24
When do I have to pay buyback price and to whom?
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Buy back amount will be required to pay during the last month of your lease tenure directly to Quiklyz and get NOC for the vehicle
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