One of the leading concerns post the lockdown and the subsequent downturn in the economy is that spending power of individuals has been impacted. To overcome this challenge and aid car sales, numerous manufacturers have launched finance schemes that give the customer a chance to buy now and pay later. Rakesh Srivastava, Managing Director, Nissan Motor India, says, “With innovative financial schemes and initiatives including ease of financing and convenience in getting their car serviced, Nissan India will enrich the customer experience at each step, which is especially important in such challenging times.”
For corporates, leasing becomes one of the most preferred ways of acquiring fleets for their businesses as well as providing safe mobility to their employees. Manufacturers are exploring collaboration models to package their products with leasing solutions, a trend likely to gain momentum in times to come. Sanjeev Prasad, Managing Director, LeasePlan India, says, “Car leasing provides a vehicle-usage model to companies allowing them to focus on their businesses, leaving vehicle upkeep, insurance and related activities for the leasing company to manage. Especially now, when the situation requires corporates to readjust businesses to the new normal, corporate car leasing gains even more significance.”
While LeasePlan’s business consultants help companies develop car policies and advise them on the fleet mix, its corporatecar leasing portal, SalaryPlan has been designed to allow corporate employees to create lease rental quotes, compare these and lease cars online. For manufacturers, online properties, such as LeasePlan’s SalaryPlan open up a whole new way to offer their range of products to corporate employees looking for personal mobility options.