Prospective buyers of Honda City, Civic or CR-V can now opt to buy these models on lease from Orix.
What’s the EMI of City, Civic or CR-V under the lease programme?
Both the companies have not yet revealed any packages for these models, but there are a couple of packages -- Full service lease and Plain vanilla lease -- that Orix traditionally offers.
Under the full service lease, the rental includes:
Periodic and Breakdown Servicing
Accidental Repair Costs
Tyre and Battery Cost
Pick up and Drop Facility
Towing and Road Side assistance
24-hour helpline service
Under the plain vanilla lease, the buyer can maintain the car by himself while insurance and accidental cover can be included in the rental. Buyers have the option to extend the lease or surrender the car at the end of the lease term in both the cases.
Read more details regarding Honda and Orix’ tie-up from the official press release below:
Honda Cars India announces tie up with ORIX for car leasing services
Lease offering to be available on Honda City, Honda Civic & Honda CR-V models
New Delhi, September 10, 2019: In its endeavor to cater to the evolving customer preferences, Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, today announced the launch of its new car leasing services in association with ORIX, one of India’s largest car leasing and rental company. As a part of this association, customers can avail leasing options for Honda CR-V, Honda Civic and Honda City for both corporate customers and individual customers. The leasing option can be availed by self- employed professionals, businessmen and salaried individuals.
Speaking about the new leasing programme, Mr. Rajesh Goel, Senior Vice President and Director, Sales and Marketing, Honda Cars India Ltd said, “Car leasing offers convenience, access to latest vehicles and enables customers to enjoy the perks of using car without having to purchase it. Car leasing is gaining popularity in India and we are delighted to associate with ORIX to offer tailor-made solutions for anyone who wants to enjoy benefits of modern ownership experience. In addition to corporate customers, the programme has been specially rolled out for individual customers as well.”
Commenting on the partnership, Mr. Sandeep Gambhir, MD and CEO ORIX India said, “Honda Cars India has been an aspirational brand in the country. We believe this partnership will fulfill many young dreams by enabling them to experience HCIL’s premium products through our innovative and curated lease options. We are looking forward to further strengthen our portfolio with the inclusion of more HCIL products in the future”.
The lease plan will offer many benefits to customers like comprehensive insurance plans, maintenance packages, tax management and curated rentals as per requirement.