tipFebruary 10, 2021 49
Car leasing is like renting a car. The cars provided based on a lease can be used for both short-term and long-term period. Under this, customers are benefitted from huge discount terms, which gives them a competitive financial solution.
Factors such as up surging demand for mobility and to solve the challenge of traffic congestion among the masses is a significant factor responsible for driving the growth of automotive leasing market. This factor assists in driving the growth of the automotive leasing market. Nevertheless, investments made by car leasing companies in advanced technologies such as tracking solutions and in other telematics is expected to provide healthy opportunities to the players operating in the automotive leasing market.