Q. What are the lease tenors available under Corporate Star Lease?
Lease tenor options are available from 3 & 4 years
Q. What all models are covered under Corporate Star Lease?
Models applicable would be A-Class, B-Class, C-Class, CLA-Class, GLA-Class, ML-Class, GL-Class and S-Class
Q. Is there any down payment for lease?
For listed corporates it would be 100% on road funding (indicative).This will vary basis the analysis of financial credentials of the applicant.
Q. What components are covered in the On-Road cost of Car?
Following components are covered under On-road cost of car.
• Ex-showroom price of the car
• 1st year insurance price
• Road Tax charges
• Additionally insurance for the complete lease term and maintenance package could be included.
Q. Is there a mileage restriction during the lease tenor?
There are No restrictions for mileage under Corporate Star Lease program.
Q. Who pays for the maintenance and insurance?
Maintenance and insurance packages can be included in the monthly rentals which will make it a hassle free transaction or these can be paid up-front.
Q. What happens to the car at the end of tenor for Corporate Star Lease?
At the end of tenor the vehicle is returned at the dealership and Corporate can choose to retain by referring the buyer as well.
Q. What happens if the vehicle is returned before the lease tenor is over?
It will be treated as an early termination and will attract charges as per contract. For more details we request you to provide an appointment so that our Finance Manager could meet you and discuss in details.
Q. Are there any terms & conditions w.r.t the usage of car during lease period?
Leased vehicle must be maintained as per the wear and tear guidelines shared at the time of signing leasing contract. In case of non-compliance of guidelines additional charges would be applicable at the end of contract to make good the damages (if any).