It’s been only a week or so since Mercedes Benz India announced its plan to begin leasing its cars and how far are the competitors behind you ask?
The second contender in the lease battle will be BMW India which will soon start leasing their cars to individuals.
‘Leasing’, which is a fresh term for Indians, is a type of scheme provided by the company where it takes care of the insurance and the maintenance of the leased car for a duration of 3-5 years depending on lease plan.
It was none other than BMW’s President in India Dr. Andreas Schaff who revealed this plan at a recent press conference.
[Source - CarWale.com]