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Hyundai Partners With ALD Automotive For Car Leasing Business

May 17, 2019

Hyundai Partners With ALD Automotive For Car Leasing Business

Hyundai Motors has tied up with automotive leasing company ALD Automotive India for a new car-leasing venture in India. This partnership comes as a part of the Korean company’s transition from a manufacturer and exporter into a mobility solutions company.

The leasing services, during the first phase, will be available in Delhi, NCR, Mumbai, Chennai, Hyderabad, and Bengaluru. The leased car can be selected from across the Hyundai product line-up and also comes with a monthly rental option. The benefits of leasing to their customers will include no upfront cost, no financial risk, efficient tax management, easy up-gradation, and no maintenance and insurance hassles. The leased vehicle will be available for a minimum period of 2 years going up to 5 years depending on the city and model selected.

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