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Now own a brand new Mercedes for just 50% the price!

Discussion in 'Non FIAT Cars and two wheelers' started by Cinju, Aug 10, 2011.

  1. Cinju

    Cinju Esperto

    Messages:
    1,333
    Trivandrum
    For all those of you who may have always wanted to own a luxury car, but had been constrained by the price, here a solution. Mercedes-Benz is now offering a unique individual lease option to customers. Under the plan, the customers can own a Mercedes car for three years, by paying just 50% of the car’s price.

    The whole idea of individual lease is about the residual value of the car after depreciation in three years. The whole system works on the theory that if you buy a car today, and sell it after three years, you will get about 50% of the money back. Rest of the value of the car is consumed by usage. The customer needs to pay only that amount, and the residual value is taken care of by returning the car to the company after the lease period gets over.

    Another great thing about this leasing option is that the company takes care of the service, insurance and other maintenance costs. The individual leasing the car doesn’t have to bother about that.

    So if you want to own an E-class worth, say Rs. 50 lakh, you now have two options. Either you pay the entire amount and get the vehicle registered in your name, or go in for the lease option by paying just Rs. 25 lakh.

    The Indian market with disposal incomes soaring by the day is becoming more and more aspiration-driven. Indians, traditionally known to be very wise spenders are now showing an inclination towards spending more than they could afford for status. For people who want to own a lifestyle car, but don’t have the means to buy it, the lease model is a boon.

    Source :- http://motoroids.com/news/now-own-a-brand-new-mercedes-for-just-50-the-price.html

    http://www.indianautonews.com/2011/07/mercedes-benz-starts-leasing-its-cars.html
    Last edited: Aug 10, 2011
  2. PaddleShifter

    PaddleShifter Staff Member Janitor

    Messages:
    2,697
    Chandigarh
    Grande Punto 1.3
    It's a tough call. IMO it would definitely leave some emptiness inspite of owning a luxury car. Company lease is something different but this manufacturer lease is something that would give only half the pleasure of "ownership" though the plus point is that there are no worries about service, maintenance and "meticulous car care". :p
  3. Cinju

    Cinju Esperto

    Messages:
    1,333
    Trivandrum
    It just became official now from Merc. This practice been on in India for many years from many financiers. Prakash leasing was one among the top who were doing it.

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