PPP Corporate Leasing
A new-age way for employees to own used cars of their choice.
PPP's offering stands truly on the pillars of wide choice for customers, transparency of processes and highest quality of service. With carefully selected cars assessed by professional experts, PPP offers a white-number plate mobility solution with an all-inclusive monthly price (covers insurance & maintenance).
Let’s take a better look at a sample comparison between traditional leasing option and PPP’s offering
| Bank Loan | PPP Subscription | |
| Car Value | 10,00,000 | 10,00,000 |
| EMI | 48,963 | |
| Insurance | 2,854 | |
| Service & Repair | 2,000 | |
| End To End Warranty | ||
| 24x7 Road Side Assistance | ||
| Tax Benefit | ||
| Effective Cost Of Ownership (After Tax benefit) | 53,817 | 31,100 |
*This calculation is based on a 2 Year Tenure, 16% rate of Interest and 12,000 KM Annual Mileage
Employee Benefits :
Avail upto 30% Tax Benefits on the Monthly Lease amount.
At least 35% cheaper than owning a used Car through a bank loan.
Flexible Tenure starting from 6 months to 24 months.
No need to worry about service & maintenance.
Option to return or extend the leased car after the lease tenure is over.
All Brands / Models available based on users’ choice.
Pick up and drop service included in the Lease Rental.
No Down Payments ! Just pay monthly lease rentals to enjoy ownership and the driving experience.
Employer Benefits :
For your employee, our car subscription is a great choice as it provides substantial tax benefits.
In the case of employee separation, the risk of the vehicle automatically gets transferred to the employee.
Car Lease is a proven and widely used Talent retention tool that is completely Cost Neutral for the Employer.
For you as an organization, it's a smart and strategic approach to incentivize new joiners / existing talent pool by offering a car as a part of their CTC.
Digital dashboard to manage your Car lease, lease documents & monthly invoices.
Considerably reduces the Financial / Operational risk as Vehicle registration is in the name of PumPumPum and not the lessee.
All the benefits come at minimal liability for your company.
Easy Inter-company & Inter-state transfers possible.
Complete off-balance sheet transactions.
How to onboard / partner with pumpumpum ?
Unlike a traditional lease company, our onboarding journey has been simplified to suit your needs better. Here is the 3-step process for onboarding with us.
