Kia India has partnered with Orix Auto Infrastructure Services LTD to introduce a new vehicle leasing program called Kia Lease. This initiative aims to make Kia cars more accessible while reducing the hassles associated with insurance, maintenance, and resale. By launching this program, Kia offers a modern solution for flexible mobility.
Lease Options and Benefits
Kia Lease provides multiple leasing options, allowing customers to lease a Kia vehicle for a period between 24 and 60 months. Additionally, the program offers various mileage plans to suit different driving needs. The lease options start at a monthly payment of Rs 21,990 for the Sonet, Rs 28,900 for the Seltos, and Rs 28,800 for the Carens. These prices vary depending on the lease duration and mileage plan selected.
Initial Launch Locations
Initially, the leasing program is available in six major locations across India: Delhi NCR, Mumbai, Chennai, Hyderabad, Bengaluru, and Pune. In these cities, customers can choose from three popular Kia models: the Sonet, Seltos, and Carens. This selective rollout allows Kia to gauge customer response and streamline operations before potentially expanding to other regions.
Customer Flexibility and Convenience
The leasing program offers significant flexibility and convenience. At the end of the lease period, customers can return their existing vehicle and upgrade to a new car. This option eliminates the worries of resale value and depreciation. Furthermore, the program includes maintenance and insurance, simplifying the car ownership experience.
Industry Trends and Predictions
According to Myung-sik Sohn, Chief Sales Officer of Kia India, the leasing model aligns with global megatrends and is gaining traction in India. This model appeals to new-age consumers who seek flexible mobility solutions at attractive price points. Industry forecasts predict 100% growth in the leasing market over the next four to five years. Kia anticipates that its leasing service will outpace the industry’s average growth due to its superior product range and service offerings.
Conclusion
In summary, Kia India’s partnership with Orix to launch the Kia Lease program represents a strategic move to enhance vehicle accessibility and offer a hassle-free car ownership experience. By providing flexible lease terms, including maintenance and insurance, Kia caters to the evolving needs of modern consumers. The initial rollout in six major cities, combined with the option to upgrade at the end of the lease. Positions Kia Lease as a compelling option for those seeking a new approach to car ownership. With the market for vehicle leasing expected to grow significantly, Kia’s innovative leasing program is poised to lead the way in this emerging trend. Follow for more Cancer: Tracing the Term Back to Greco-Roman Times
Source : https://www.carandbike.com/
