Operating Lease
The client have the right to use the asset during the contract time under the Operating Lease program, then return the asset to the company without any commitment on his part to purchase the asset, and without any obligation on the company's part to sell it. Contracting for an additional period or for purchasing the asset is possible if the two parties agreed to do so; purchase will be according to the market price of the asset at the time.
Advantages of the Operating Lease program:
- Fulfilling the costumer's desire not bear any of the burdens that come with owning the asset.
- The costumer receives the desired benefit in the required time.
- A major advantage is the continuous change of the asset at the clients well any time he want to renew or update the asset, since the leasing time is relatively short (from 6 months to 2 years).
- The client receives all available services such as maintenance, full insurance, guarantee, and alternative car -if the leased asset is a car- plus the emergency road service.