ŠKODA CLEVER LEASE
ŠKODA CLEVER LEASE
ŠKODA Clever Lease is a program offered by ŠKODA AUTO India and is powered by ORIX Auto Infrastructure Services. It is an alternative to a conventional loan product and a convenient mode of using the car as compared to the traditional car owning methods. You can select the car model and colour. The car will be purchased for you by ORIX and provided to you for the agreed lease period and mileage opted.
TYPES OF CLEVER LEASE PRODUCTS AVAILABLE
WET LEASE:
WET LEASE BENEFITS:
- Zero down payment
- Full funding - on-road cost (ex showroom + road tax) + any (handling + logistics + FASTag + vehicle processing + hypothecation) charges + accessories (if any).
- Comprehensive insurance and insurance disallowance covered for entire lease tenure by ORIX.
- Maintenance to be taken care of by ORIX for the entire lease period.
- End of tenure – Flexibility to return to ORIX or buy back at market value or lease extension.
WET LEASE:
Includes insurance and accident repairs for full tenure. Maintenance has to be done by the lessee from an authorised ŠKODA dealership only. Value added services are not part of this contract.
DRY LEASE BENEFITS:
- Zero down payment
- Full funding – on-road cost (ex showroom + road tax) + any (handling + logistics + FASTag + vehicle processing + hypothecation) charges + accessories (if any).
- Comprehensive insurance and insurance disallowance covered for entire lease tenure by ORIX.
- End of tenure – Flexibility to return to ORIX or buy back at market value or lease extension.
PLAIN LEASE:
Includes only the lease rentals for the car. Insurance and insurance renewals, maintenance, accident repairs and value added services are not part of this contract. Insurance shall be done by ORIX for the full lease period and will be charged to the lessee at actuals. All other costs are to be borne by the lessee.
PLAIN LEASE BENEFITS:
- Zero down payment
- Full funding – on-road cost (ex showroom + road tax) + any (handling + logistics + FASTag + vehicle processing + hypothecation) charges + accessories (if any).
- End of tenure – Flexibility to return to ORIX or buy back at market value or lease extension.