Welcome to our comprehensive guide on the “Top 10 Car Leasing Companies in India.” In a dynamic and ever-evolving automobile market, leasing a car has become a popular choice for individuals and businesses alike. This guide is your go-to resource for identifying the top car leasing companies in India in 2023, helping you make informed decisions when it comes to leasing your dream car.
Car Leasing Companies in India
- SMAS Autoleasing India Private Limited
SMAS Auto Leasing India Private Limited is a joint venture of Sumitomo Mitsui Auto Service Company Ltd. and Sumitomo Corporation, Japan. SMAS India has a varied base of corporate customers spanning across multiple industry verticals including IT, ITES, Manufacturing, Real Estate, Consulting, Hospitality etc. with a service delivery capability in more than 50 cities, having its offices at 9 locations covering the entire country.
Services: Fleet Funding
Fixed monthly payment over lease tenure
Replacement car for uninterrupted mobility
Cost optimization through better maintenance and management of the vehicle
Convenient ‘Pick up and Drop’ service
24/7 Break down assistance available on Pan-India basis
Dealership & workshop network in over 50 cities
Manufacturer & dealerships engagement with over 100 dealers, Pan-India basis
Limited maintenance service available
Relationship management
Detailed Reporting
Regular Communication with all the customers
Service Customization available
Fleet Reporting & MIS Generation
Address: Indira Gandhi International Airport, 4th Floor, WorldMark II, Aerocity Access Rd, Aerocity, New Delhi, Delhi 110037
Contact No.: 011 4828 8300
Website: https://www.smasindia.com/
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- ORIX
ORIX Auto Infrastructure Services Ltd (OAIS), incorporated in 1995, is 100% subsidiary of ORIX Corporation, Japan. ORIX has made its mark in the Indian market by providing innovative leasing & transportation solutions that clients need to propel their business to the next level. OAIS and its subsidiary company ORIX Leasing & Financial Services India Limited (OLFS) include a team of more than 1,000 employees spanning 20+ offices across India. ORIX has approximately 600 million USD of assets under its management, administration and servicing. Our wide range of services offered by OAIS include operating lease of Passenger Cars and transpotation-related services like Car Rentals, Business Transportation Solutions etc. Through OLFS, we offer flexible financial solutions in Finance Lease, Commercial Vehicle Loans and Loan against Property.
Services: Leasing
Equipment Leasing
Rent A Car
MyChoize – Self Drive Car Rentals
Business Transportation Solutions
Mobility Solutions
Loan Against Property
Commercial Vehicle Finance
Address: D-71/2, Najafgarh Road, Industrial Area, New Delhi, Delhi 110015
Contact No.: 011 4562 8200
Website: https://www.orixindia.com/
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- Avis Lease
Avis Budget Group operates one of the world’s best-known car rental & leasing brands with approximately 5,500 locations in more than 170 countries. Avis has a long history of innovation in the car rental industry and is one of the world’s top brands for customer loyalty. Avis is owned by Avis Budget Group, Inc. (NASDAQ: CAR), which operates and licenses the brand throughout the world.
Services: Fleet Advisory
Quick Mobility
Vehicle Acquisition
Repairs and Maintenance
Pick up and Drop
Stay New Plan
Damage Repair Management
24×7 Emergency Roadside Assistance
Alternate Vehicle Service
Vehicle Disposal
Total Loss Retention Service
Tyre Replacement Service
Hydrostatic Lock Coverage
Registration Service
Accessories / Other value added
Insurance Cover & Renewal Service
Vehicle Return
Address: AVIS House, 92, Sector 44, Gurugram, Haryana 122002
Contact No.: 0124 472 5900
Website: https://www.avislease.in/
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- Formula Group
Formula Group is a provider of integrated corporate mobility services in India. We provide mobility services to Fortune 500 clients for both inbound as well as outbound mobility needs. Established in 2004, we offer a broad range of services to help relocating employees feel at home when they move to a new city. We truly understand how unnerving it can be to move to a new city, adjust to a new culture and to get children admitted to schools with altogether different curriculum. But moving to a new city is also filled with opportunities and our dedicated trained consultants ensure that all they need to think about is just opportunities. We organize each step of the journey tailored to the needs of relocating employees and their families and be there for them till they are able to call their new house a home.
Services: Relocation Services
Immigration Services
Fleet Management
Travel Services
Recruitment Services
Cultural Training
Corporate Housing
Furniture Rentals
Interior Designing
Outbound Global Mobility
Sanitization Services
Property Management Services
Address: Plot No 337, Satbir Complex Second Floor, Sultanpur, Delhi 110030
Contact No.: 096500 03642
Website: https://www.formulaindia.com/
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- JMD Car Leasing
Instead of buying a car, what if you could just lease out the car of your choice for regular use? Better still if you are a Company that manages a fleet of cars for your employees, wouldn’t it be nice to just lease out the cars and instead of investing your resources in maintenance and repairs, you just pay a monthly price for the lease?Your car falls under the category of a depreciating asset and attracts at least 15% depreciation per annum. Buying a car is a decision that involves many factors as it’s an expensive affair more so if you are corporate. Car leasing in India is already popular in the corporate world and fast catching up with professionals & individuals like doctors, lawyers, Entrepreneurs and self-employed individuals.
Services: MULTI CAR FINANCE OPTIONS
INSURANCE SOLUTIONS
LOANS & LOAN AGAINST PROPERTY
USED CAR SET-UP (PARK & SELL)
Address: Chitrakar Dhurandhar Rd, Khar, Khar West, Mumbai, Maharashtra 400052
Contact No.: 077381 50403
Website: https://www.jmdcarleasing.com/
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- ALD Automotive Pvt. Ltd.
ALD Automotive India, an operating car lease and car fleet management business line of the Société Générale Group, is a leading French-originated full service car lease provider, catering to more than 900 corporates in over 280 locations in India including all major cities like Mumbai, Delhi, Gurugram, Bangalore, Hyderabad, Pune, Kolkata, Kochi and Chennai
Services: Insurance
Maintenance
24*7 Roadside Assistance
Relief Car
Door-to-Door
Fleet Management
Address: 9th Floor, B Wing, Ashar IT Park, Road No. 16/Z, Wagle Industrial Estate, Thane, Maharashtra 400604
Contact No.: 022 6193 3200
Website: https://www.aldautomotive.in/
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- MyChoize Self Drive Cars
MyChoize Self Drive Cars is a self drive brand owned by ORIX, Japan’s second largest self drive car rental company currently managing more than 63,000 cars in our fleet in Japan. With MyChoize, we endeavor to provide Indian users the Best in World Japanese service and technology at Indian prices. MyChoize is currently present in 20 Indian cities including Bangalore, Pune, Mumbai, Delhi-NCR, Hyderabad, Chennai, Kolkata, Jaipur, Indore, Chandigarh, Ahmedabad, Surat, Vadodara Ludhiana, Amritsar, Bhopal Goa, Dehradun, Rishikesh and Haridwar.
Services: Rent a Self-Drive Car by the Hour, Day, Week or Month
Unlimited Kilometers – No hassle of keeping fuel slips and seeking reimbursements
Newest Fleet of Cars across Categories
No Hidden Charges
Lowest Fares Guaranteed
All Inclusive Fares – No additional cost for Insurance, Tax or Pollution
Your maximum liability in case of an accident is limited to your refundable security deposit
Address: Orix Auto Infrastructure Services Limited, Shop No. 505-509, B wing, Mega Center, Near Magarpatta City, Hadapsar, Pune, Pune, Maharashtra 411013
Contact No.: 020 2689 0340
Website: https://www.mychoize.com/
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- ZiT Car Rentals
An enthusiast, highly motivated team of Professional are working under the Umbrella of ZiT Services LLP with the objective of providing value added services to discerning travelers. The company is a client sensitive and specializing in the travel and leisure industry. The collective experience and goodwill of the company has helped the organization leap from a moderate beginning to one of the best in the travel business. Special Interest Tours and Car / Luxury coach rentals. We are a professionally managed company with a team of qualified personnel, who are dedicated to provide complete satisfaction to the customers in the field of travel & tourism. Therefore, it is important for us to provide an outstanding service at all times. Whether it is your first time to rent a car with us or the tenth, we look forward to your booking.
Services: Daily Rentals
Monthly Rentals
Airport Transfers
Corporate Event Transfers
Long Term Rentals
Address: 50, Ashirwad Building Plot 11, Sector 12 Dwarka, Dwarka, Delhi, 110075
Contact No.: 087440 04410
Website: https://zitcarrental.com/
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- Wheelzonrent
Wheelzonrent is one of the reputed Travel Company in Delhi. At wheelzonrent everything we do is about giving you the freedom to discover more. we own our own fleet of Hatchback, Executive SUVs, Coaches Mini Vans and Premiumum Cars unlike other companies in the Travel Industry. we are very much concerned about quality of our fleets and provides Neat and Clean and Young maintained Vehicles with well trained chauffeurs. All our vehicles are immaculately maintained & driven by experienced drivers. We’ll move mountains to find you the right Car Rental Services, and bring you a smooth, hassle-free experience from start to finish. Here you can find out more about how we work.we work with the agenda of Customer First policy.
Services: Self Drive Car Rental
Conferance and Boared Meetings
Car and Coaches Rental
Wedding Car Rental
Corporate Employee Transportation
One Way Drop Service
Address: Kanhaiya Nagar, Delhi, 110035
Contact No.: 083840 66726
Website: http://www.wheelzonrent.in/
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- Gujral Car Rental Services
Gujral Distributors is a family-owned business established in 1965. This is the second generation of the family operating the business. The car rental arm of the business has been in operation for two decades and has a long history of success. The courteous service which we offer and our record for punctuality has earned us the reputation of a car rental service upon which businesses can rely.
Services: BUSINESS CARS
AIRPORT PICKUP / DROP
CAR HIRE IN BULK
Address: Room No.210, 2nd Floor, 25A, Karnani Mansion, Park Street, Kolkata, West Bengal 700016
Contact No.: 098311 25733
Website: http://gujralcarrentals.com/
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FAQ:
1. What is car leasing, and how does it work? Car leasing is a flexible alternative to traditional car ownership, where you rent a vehicle for a fixed period, typically 2-5 years, paying monthly lease payments. At the end of the lease term, you can return the car or purchase it at a predetermined price.
2. Why consider car leasing in India? Car leasing offers several advantages, including lower upfront costs, access to newer models, reduced maintenance expenses, and the ability to upgrade to a new car more frequently. It’s an attractive option for those who prefer not to commit to long-term ownership.
3. How were the top 10 car leasing companies selected for this list? The rankings for the top 10 car leasing companies in India for 2023 were determined based on factors such as customer reviews, lease terms, vehicle selection, pricing transparency, and customer service quality.
4. Can I lease any car model in India, or are there limitations? While most car leasing companies offer a wide range of models, the availability may vary. It’s advisable to check with individual leasing providers to confirm the availability of the specific car model you desire.
5. Are there any hidden costs associated with car leasing? Car leasing agreements should be transparent about costs, including monthly payments, maintenance fees, and any additional charges. Always review the terms and ask questions to ensure you understand the total cost of leasing.
6. Can I customize a leased car to my preferences? Customization options for leased cars may be limited, as you generally need to return the vehicle in its original condition at the end of the lease. However, some companies may offer customization options with prior approval.
7. What should I consider when choosing a car leasing company? When selecting a car leasing company, consider factors such as lease terms, monthly payments, mileage limits, maintenance inclusions, and the reputation of the provider. Reading customer reviews can also provide valuable insights.