LEASING:

 

Leasing line has been established in 2009 under the name of PanArab and Ramleh Leasing companies to support the clients maximizing their earning potential by offering the best leasing options that fits their needs, offering a full range of leasing services for individuals, companies; small and medium-sized and enterprise.  Allowing us to manage their fleet, and helping them to concentrate on their growth as a one-stop complete solution provider for vehicle leasing services; whether they are an individual or commercial entity, to develop a tailored structure for client s requirement..

Preference of  Leasing service

The benefits of leasing outweigh those of buying a car:

LEASING VS. BUYING

BUY (MARKET FINANCE)

  • Down Payment can go up to 50%
  • Monthly Payments are substantially higher than lease.    
  • Approval Process must go for the entire budget.
  • No Maintenance, replacement vehicle, or any services involved.
  • Application process involves complicated paperwork process.
  • Vehicles are classified as Assets, therefore does not allow tax breaks.
  • When you buy, you pay for the entire cost of a vehicle; regardless of how many miles you drive it or how long you intend to keep the vehicle.

LEASE

  • No Down Payment for OTB LEASE.
  • Low Monthly Payments and fixed for the entire lease period.
  • Approval process generally easier due to low monthly cost, and usually can be paid by operation expenses.
  • Full Maintenance, replacement vehicle, insurance and registration included.
  • Application process very simple and straightforward.
  • Assets Classified as expense and can be deducted for tax purposes.
  • When you lease, you pay only a portion of a vehicle's cost, which is the part that you "use up" during the time you're driving it. Leasing is a form of financing and is not the same as renting.

 

For Leasing service needed please contact us