Private car lease
Drive a bigger, better car with private lease at the same cost as a loan EMI.
What is Private lease?
Private car lease is an easy way for an individual to drive the latest car and keep upgrading every 3-5 years as this arrangement is based on ‘usership’ in contrast to ‘ownership’ of a depreciating asset. An agreement is signed between an individual and the car leasing company, which allows the user to lease a car, to use it for a specific period, typically between 2-5 years, and pay as per usage and return the car at the end of contract tenure.
- Pay as per usage
Users don’t need to pay for the entire value of the car. They just pay for the usage cost, which is total car cost minus the market residual value or depreciation and drive a new car every 5 years.
- Get to drive a bigger and better car
For the same monthly payment as a car loan, users can drive a bigger and better car on lease.
- No down-payment
No need to save up for the down-payment, monthly lease rental includes financing towards depreciation of the car, road tax, registration and any services opted for.
- No hassles of car ownership
Contract for insurance, maintenance, stand-by car, door to door pick up and drop, so you don’t have to worry about a thing.
- No hassles of resale
Avoid the financial risk on assuming the resale value of the car, which is unpredictable.
- Get car delivery faster
Benefit from our bulk buying capacity to get the car delivery relatively faster.
Getting a car on private lease is quick, with easy digital onboarding and a quick digital credit check.
Leasing with Ayvens provides:
- Convenient workshop appointment booking at the click of a button through the My Ayvens app.
- Cover for regular scheduled maintenance, repairs and accidental damage repairs when maintenance is contracted for.
- Pick up of your car for workshop appointment and drop back at a location and time convenient for you, if you have opted for our door to door service.
- A standby car until your car is at the workshop, if contracted for.
- 24x7 emergency roadside assistance in more than 800 locations across India.
- Insurance purchase, renewal and accidental claim management
Looking to get a car on Private lease?
New car on lease
Our wide range of partnership with all manufacturers available in India, allows us to procure and deliver any car brand you require on lease. Checkout indicative lease rentals of popular cars.
Preleased car on lease
View our car catalogue to subscribe from a list of cars across different body types in your city.