Title: Lease a Car
1(No Transcript)
2Hertz- A brief History
- Hertz is the world's leading vehicle renting
organization - It operates from approximately 8,100 locations in
147 countries worldwide - Hertz is the largest general use car rental brand
in the world, and the number one airport car
rental brand in the U.S - Hertz has locations at 69 major airports in
Europe - Hertz offers its services across continents in
North America,, Latin America, Australia, New
Zealand, Africa, Asia, and the Middle East
3Hertz Services on Offer
Hertz 1 Club Gold NeverLost customized Onboard
navigation systems SIRIUS Satellite Radio Unique
cars and SUVs
4Hertz Vision, Mission Values
- Vision To be the first choice brand for vehicle
equipment rental/leasing total mobility
solutions - Mission To be the most customer focused, cost
efficient vehicle equipment rental/leasing
company in every market we serve - Values Integrity, continuous improvement,
passion, tam work, transparency, diversity,
accountability commitment
5Why Lease a car?
- An unplanned road trip or some time out with
friends Renting a car gives you the freedom to
explore the places as per your time schedule - Beautiful and secluded places are not generally
covered in planned tours. - Its always a good idea to talk to a few locals
about such places, rent a car and explore these
places - Renting a car gives you the freedom to pull over
at any place and breathe in the surroundings
6Points to Remember while Leasing a car
Always Negotiate It reduces your monthly
payments which eventually helps in saving a lot
of money Get the term in writing Dont go ahead
with any verbal commitment. instead always Read
the document properly Make sure you read the
offer document properly and ensure that it
clearly mentions everything agreed at the time of
negotiation.
7- Negotiate on your lease inception fee There is
a high probability that lease inception fee such
as down-payment can be eliminated or negotiated
down to a much lesser rate, thereby saving you a
lot of money - Mention whether you want a close ended lease or
an open ended lease Closed ended lease allows
the lessee to return the car after the lease term
ends. However, there may still be an end of lease
charge such as that for excess mileage or wear
and tear. Open ended lease allows the lessee to
pay the difference between the value stated in
the lease contract and the lessors appraised
value at the end of the lease.
8- Opt for Gap Insurance Gap insurance covers the
difference between what you have to pay on the
lease and what the car is worth in case of theft
or an accident. - Do discuss the wear and tear penalties and
excess mileage fees