The growth rate, skyrocketing fuel prices and shrinking stock market and the economy, create difficult times for the automotive industry. Foreseeing the tough and competitive times Mercedes introduced Himself leasing program, called Lease Star. This is the first time that such a program has been introduced in India.
There were few companies that have entered the leasing company, but operates under the corporate leasing programs. Mercedes is the first to have jumped on the opportunity to self hiring.
Mercedes reasons for introducing the lease to India
- Negative emotions in the market
- Growth rate
- Sky high fuel prices
- The lack of funds or cash for payment
- India is a market opportunity
Benefits of Self Lease:
- In some cases there is no advance vehicle is delivered, depending on the credibility and your plan
- No need to expose your capital for the initial deposit
- No property problems, such as Mercedes Benz India has the vehicle for you
- Tax benefits, such as rental car outside the property, but you as an expense