The Autorent advantage

Corporate Car Leasing in Saudi Arabia - Is It Beneficial Over Buying

1st October 2024

Corporate Car Leasing in Saudi Arabia - Is It Beneficial Over Buying

Are you thinking about providing a vehicle for your employees? Are you a salaried employee, and worrying about the prohibitive cost of owning a car? Here we have a simpler solution for all these problems. 

Own a car for your employees for a certain period by saving your taxes through a hassle-free leasing solution. Leasing a car through the Autorent Saudi website will give you more benefits for your professional aspirations. 

Have a look at the complete article and learn what is corporate car leasing, how it works, and its benefits, along with more other information. 

What is the Corporate Car Lease Program

Before knowing about corporate car leasing, do you know about what car leasing is all about? Car leasing is nothing but a contract with the leasing company as that company allows them to use their car for a certain time by making monthly payments. 

By the end of your time, you can return the car or you can buy it with residual value. Now corporate car leasing is also the same but here the company will take cars for lease for their employees to use. 

So, the company will become the primary lessee and the employee will become the secondary lessee. Employees can use a brand-new car without any worries.

Top 8 Car Lease Benefits for Employees Over Buying

Normally, Companies buy a car for their employees and provide them with a company vehicle for their company work. Even if you are trying to do that, Stop now. 

Instead of buying a fleet of cars, and maintaining them, why don’t you try to take a lease from a car leasing company like our Autorent Saudi? 

Here are a handful of benefits that you can check out on leasing a car for your company. 

  • Easy Approval Process than Auto Loans
  • Cost Effective 
  • Car Replacement Is Effortless
  • Hassle-Free Process
  • Free To Move on Roads
  • Benefits of Maintenance, Tax Issues
  • Wide Range of Cars
  • Inclusive Insurance Coverage

Easy Approval Process than Auto Loans

When you want to buy cars for your employees and if you go for a car loan it may take several days to get that. But corporate car leasing for your employees does not take much time to get approved, within 24 hours your lease gets approved along with all the paperwork. 

Cost Effective

Leasing a car by your company, especially with our website, will not have any maintenance costs, repair costs, or car deprivation. So, with all these benefits, your company employees can drive a car of your choice without having any financial burden on you. 

Car Replacement Is Effortless

The main advantage that we provide for the companies on car leasing is when you think of upgrading your vehicle during the lease tenure, it will be very easy to change your car if you are not interested in that car anymore. 

Hassle-Free Process 

As we discussed above, corporate car leasing is not only cost-effective and easy to change your car, but the process that starts from the car selection to the final step of finalizing the legal agreement, every step will be very easy and simple. 

Free To Move on Roads

For all our vehicles as they come up with the All-GCC travel permit, it will not have any problem to move on roads the way you wanted by following the rules. No one can stop you from moving. 

Benefits of Maintenance, Tax Issues

When you look at the maintenance, tax, and savings, with corporate car leasing, all these will be beneficial for you. 

Firstly, if we look at the maintenance costs, with time the maintenance costs also rise, if you take car leasing with a wet-leasing agreement where all the maintenance costs will be taken care of by the car leasing company, even though the maintenance cost increases, you need not want to bear them. 

Even the same with tax, companies do not need to worry about any tax issues as there will be a fixed monthly rental. Mainly it will be a benefit for your employees as they can save up to 30% of vehicle needs if they use it only for company work. 

Wide Range of Cars

With us, you can get a wide range of cars that start from very economical price range cars to luxury vehicle models. You can pick up the car according to your employee's needs and within your budget. 

Inclusive Insurance Coverage

When it comes to insurance coverage, it will be covered in your monthly rental income and your employees need not want to worry in case of sudden accidents and repairs of the car. Particularly as our company has insurance coverage for all our leasing cars. 

Corporate Car Leasing Process with AutorentSaudi

As you have seen all the benefits of leasing a car for your employees with us, have a look at the leasing process as it is very easy and simple. 

  • First, you need to select the vehicles that you need from the latest EVs to robust LCVs. 
  • As there is a long-term and short-term leasing arrangement, you need to select the lease duration that you need. 
  • Calculate the Monthly rental that you need to pay. 
  • Check all the services along with maintenance, tax, insurance, etc. 
  • End of the lease by leasing the other brand-new cars or extending the contract of the current vehicle. 

FAQs On Corporate Car Lease

  1. Can you lease cars for employees in Saudi Arabia?

Of course, yes, you can lease cars for your employees in Saudi Arabia. With Autorent Saudi, you can easily lease your cars with many benefits.

  1. Why choose Autorent Saudi to lease a car for our employees?

Leasing cars for your company with us is a lot more beneficial in Saudi Arabia as there will be no maintenance and tax, effortless car replacement, complete Insurance coverage, cost-effective, hassle-free process, and more. 

  1. What happens if the accident occurs for a leased car through Autorent Saudi?

If the accident happens to the leased car which has been taken through us, you can call us for roadside assistance if the car is unable to drive and you will get complete insurance coverage. 

Final Words

"By participating in the corporate car lease program, you and your employees can enjoy numerous benefits, including tax advantages and a streamlined approval process. Leasing cars can greatly benefit your company and your employees by relieving financial concerns."

If you want more information about this corporate car leasing, get in touch with us by sending your business inquiry to @autorentsaudi.com/corporate-leasing and take advantage of all the beneficial offers we have for you.

Further Reading